Company: Kellanova (K)
*DRIP Club Members are able to acquire or list a share of a company on the DRIP Exchange Page.
Company Profile: Following its split from the North American cereal business, Kellanova (previously the global snacking arm of Kellogg) is a leading global manufacturer and marketer of salty snacks, snack bars, frozen breakfast fare, meat alternatives, and other packaged foods. Its offerings are manufactured in around 20 countries and marketed in more than 180 countries. Its product mix includes well-known brands such as Pringles, Cheez-It, Rice Krispies Treats, Pop-Tarts, Eggo, Nutri-Grain, and MorningStar Farms. Sales beyond its home turf account for about half of Kellanova’s consolidated sales base. -Morningstar.com-
Symbol: K
Recent Price: $73.58
Dividends: $2.24
Yield: 3.04%
Sector: Consumer Defensive
Industry: Packaged Foods
Address & Company Phone #: One Kellogg Square Battle Creek MI 49016-3599, 269-961-2000
Transfer Agent: Broadridge Corporate Issuer 877-910-5385
Moody’s Rating: Baa2
Minimum & Maximum Investment: $25 – $100,000/year
Investment Dates: Weekly
Shares to Qualify: 1 Share or $50
Fees: Div.:$0 Cash: $0! Cert: $0 Sells: by Mail, Phone or Internet for $15+12¢/sh.
52 Week High & Low: $64.50, $47.63