Kellogg declares dividend, announces increase

by Eric Schroeder
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BATTLE CREEK, MICH. — The board of directors of Kellogg Co. on April 23 declared a dividend of 34c per share on the common stock, payable June 16 to shareowners of record at the close of business on June 1.

In addition, the board of directors said it plans to increase the quarterly dividend by approximately 10% to 37.5c per share beginning with the third quarter of 2009.

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