Consumer Goods Companies Announce Dividends, Management Changes, Reorganization Plans and Strategic Selections - Research Report on Altria, Mondelez International, Lorillard, Kellogg, and Hershey

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Sep 02, 2013, 08:00 ET

NEW YORK, September 2, 2013 /PRNewswire/ --

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Today, Investors' Reports announced new research reports highlighting Altria Group, Inc. (NYSE: MO), Mondelez International, Inc. (NASDAQ: MDLZ), Lorillard, Inc. (NYSE: LO), Kellogg Company (NYSE: K), and The Hershey Company (NYSE: HSY). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below.

Altria Group, Inc. Research Report

On August 23, 2013, Altria Group, Inc. (Altria) announced that its Board of Directors has voted to increase the Company's regular quarterly dividend to $0.48 per common share, versus the previous rate of $0.44 per common share. Altria informed that the quarterly dividend is payable on October 10, 2013, to shareholders of record as of September 16, 2013, and the ex-dividend date is September 12, 2013. Further, Altria's Board of Directors also authorized a $700 million expansion of its current April 2013 share repurchase program from $300 million to $1 billion. The Company expects to complete the program by the end of Q3 2014. The Full Research Report on Altria Group, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investorsreports.com/report/2013-08-28/MO]

Mondelez International, Inc. Research Report

On August 27, 2013, Mondelez International, Inc. (Mondelez) announced that its Executive Vice President and President of EEMEA (Eastern Europe, Middle East & Africa), Pradeep Pant, will retire at the end of year 2013. The Company stated that Timothy P. Cofer, who currently serves as Executive Vice President and President of Europe will replace Pant, and Hubert Weber, the current President of Coffee in Europe and the leader of the Company's Global Coffee Category Team, will succeed Cofer. Further, Mondelez informed that Cofer and Weber will begin their respective new roles in mid-September 2013. The Full Research Report on Mondelez International, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investorsreports.com/report/2013-08-28/MDLZ]

Lorillard, Inc. Research Report

On August 16, 2013, Lorillard, Inc. (Lorillard) announced the declaration of a quarterly dividend on the Company's common stock of $0.55 per share. The Company reported that the dividend is payable on September 10, 2013, to stockholders of record as of August 30, 2013. The Full Research Report on Lorillard, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investorsreports.com/report/2013-08-28/LO]

Kellogg Company Research Report

On August 22, 2013, Kellogg Company (Kellogg) announced that Brad Davidson, President of Kellogg North America, is electing to retire after three decades of service with the Company. Kellogg also announced the following structural management changes to drive growth: Paul Norman, President of Kellogg International and who has been serving as interim President of Kellogg Europe, has been appointed to the newly created position of Chief Growth Officer; Chris Hood, current leader of Kellogg Europe Snacks, will succeed Norman as President of Kellogg Europe; President of Kellogg North America and President of Kellogg International positions will be eliminated; and Kellogg North America business units will now report to CEO John Bryant. The Company said that all reorganization moves will be effective from October 1, 2013. The Full Research Report on Kellogg Company - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investorsreports.com/report/2013-08-28/K]

The Hershey Company Research Report

On August 26, 2013, The Hershey Company (Hershey) announced that it has selected Universal McCann to handle its global media planning and buying activities. The Company informed that the decision concluded the eight-month account review process that began at the beginning of 2013 and included all incumbent agencies. Hershey further noted that the review was initiated as part of its governance policy of periodically assessing strategic supplier contacts to ensure effective and efficient service. The review also created the opportunity for the Company to transition to a globally integrated media planning and buying process to support its growth around the world. Hershey stated that the account transition to Universal McCann will begin on September 1, 2013. The Full Research Report on The Hershey Company - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investorsreports.com/report/2013-08-28/HSY]

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