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Friday, July 24, 2009

Kellogg Co.(K) sets increased dividend

Kellogg Co. today announced it will pay a 37.5-cent dividend per share on common stock, up from 34 cents per share last quarter. The payments will be made Sept. 15 to shareholders of record as of Sept. 1. The company announced plans to increase the dividend in April.

Kellogg has paid dividends to common stock shareholders every quarter since 1925.

Disclosure I am long K shares in my Consumer Goods/Services Folio.

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