It's time for an extra scoop of cash from cereal and snacks incumbent Kellogg (NYSE: K). The company has bumped its quarterly dividend higher by 4% to $0.52 per share. At the current share price, that would yield 2.5%, which beats the 2.1% average of dividend-paying stocks on the S&P 500 index.
Sears Holdings (NASDAQ: SHLD) Chairman Eddie Lampert is presiding over what seem to be the final phases of a once-venerable retailer's demise. Its Kmart chain is reportedly clearing out product inventory from the back storerooms and placing everything on its store shelves, a procedure that is reminiscent of a liquidation.