Kellogg Stock To Go Ex-dividend Tomorrow (K)

Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model.

NEW YORK ( TheStreet) -- The ex-dividend date for Kellogg Company (NYSE: K) is tomorrow, November 29, 2012. Owners of shares as of market close today will be eligible for a dividend of 44 cents per share. At a price of $55.38 as of 9:30 a.m. ET, the dividend yield is 3.2%.

The average volume for Kellogg has been 1.8 million shares per day over the past 30 days. Kellogg has a market cap of $19.85 billion and is part of the consumer goods sector and food & beverage industry. Shares are up 9.5% year to date as of the close of trading on Tuesday.

Kellogg Company, together with its subsidiaries, manufactures and markets ready-to-eat cereal and convenience food products primarily in North America, Europe, Latin America, and the Asia Pacific. The company has a P/E ratio of 16.7, below the S&P 500 P/E ratio of 17.7.

  • EXCLUSIVE OFFER: Jim Cramer's Protégé, Dave Peltier, only buys Stocks Under $10 that he thinks could potentially double. See what he's trading today with a 14-day FREE pass.

TheStreet Ratings rates Kellogg as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, reasonable valuation levels, increase in stock price during the past year, increase in net income and good cash flow from operations. We feel these strengths outweigh the fact that the company has had generally high debt management risk by most measures that we evaluated. You can view the full Kellogg Ratings Report.

See our dividend calendar or top-yielding stocks list.

FREE for a limited time only: Get TheStreet Ratings #1 Stock Report NOW!.
null

If you liked this article you might like

Cramer: Dominoes Are in Play Today

Inspirational Quotes From Top Business Leaders to Get You Through Tough Times

The 10 Stocks America's Biggest Hedge Funds Are Dumping Like Crazy

Target Plucks Executives from Walmart, General Mills to Ignite Grocery Business