Kellogg to Raise Dividend by 6%

Kellogg (NYSE:K) said it Friday it will increase its quarterly dividend by 6%, to 43 cents, starting in the first-quarter.

The maker of cereals and snacks such as Cheez-Its and Rice Krispies declared on Friday a dividend of 40.5 cents a share, payable on June 15 to shareholders of record on June 1, marking its 346th dividend since 1925.