Kellogg's Is a Solid Dividend Reinvestment Stock

Kellogg's (K), a food company with well-known cereal brands including Kellogg’s Corn Flakes®, Frosted Flakes®, Rice Krispies® and Special K®, is an ideal stock for the long-term investor. Since 1985, K has experienced two multi-year price upsides, each of which has made lots of money for buy-and-and hold investors.

And Kellogg's has a long history of paying dividends. Since 2005 the quarterly dividend has increased from 25.3 cents to 31 cents. Its current dividend yield is 2.40 percent.

K is an excellent candidate for a long-term dividend reinvestment portfolio.

I (RAH) do not own K.

Posted May 1, 2008.