Kellogg, Kraft Heinz And Tyson Foods

On 8/31/23, Kellogg, Kraft Heinz, and Tyson Foods will all trade ex-dividend for their respective upcoming dividends. Kellogg will pay its quarterly dividend of $0.60 on 9/15/23, Kraft Heinz will pay its quarterly dividend of $0.40 on 9/29/23, and Tyson Foods will pay its quarterly dividend of $0.48 on 9/15/23.

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As a percentage of K’s recent stock price of $61.58, this dividend works out to approximately 0.97%, so look for shares of Kellogg to trade 0.97% lower — all else being equal — when K shares open for trading on 8/31/23. Similarly, investors should look for KHC to open 1.18% lower in price and for TSN to open 0.88% lower, all else being equal.

Below are dividend history charts for K, KHC, and TSN, showing historical dividends prior to the most recent ones declared.

Kellogg:

Kraft Heinz:

Tyson Foods:

In general, dividends are not always predictable, following the ups and downs of company profits over time. Therefore, a good first due diligence step in forming an expectation of annual yield going forward, is looking at the history above, for a sense of stability over time. This can help in judging whether the most recent dividends from these companies are likely to continue. If they do continue, the current estimated yields on annualized basis would be 3.90% for Kellogg, 4.72% for Kraft Heinz, and 3.53% for Tyson Foods.

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In Tuesday trading, Kellogg shares are currently up about 0.3%, Kraft Heinz shares are up about 0.1%, and Tyson Foods shares are up about 0.2% on the day.

Source: https://www.forbes.com/sites/dividendchannel/2023/08/29/ex-dividend-reminder-kellogg-kraft-heinz-and-tyson-foods/