Kellogg To Raise Dividend Next Qurter (K)

Kellogg Co. K said that it will raise its quarterly dividend 6 percent to 43 cents in the third quarter this year. The dividend is payable on June 15, 2011, to shareowners of record at the close of business on June 1, 2011. The ex-dividend date is May 26, 2011. At last check, shares of Kellogg were up 53 cents to $57.37, a gain of around 1%. Kellogg counts Kellogg's, Keebler, Pop-Tarts, Eggo, Cheez-It, All-Bran, Mini-Wheats and Stretch Island among its brands.