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Friday 22 January 2016
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Pre-Market Stocks Highlights: Realty Income (NYSE:O), Kellogg Company(NYSE:K), Estee Lauder Companies (NYSE:EL), Leucadia National(NYSE:LUK)

On Wednesday, Realty Income Corp (NYSE:O)’s shares declined -0.06% to $44.78.

Realty Income Corporation (O), The Monthly Dividend Company®, recently declared its Board of Directors has declared an enhance in the company’s common stock monthly cash dividend to $0.19 per share from $0.1895 per share. The dividend is payable on July 15, 2015 to shareholders of record as of July 1, 2015. This is the 81st dividend enhance since Realty Income’s listing on the NYSE in 1994. The new monthly dividend amount represents an annualized dividend amount of $2.28 per share as contrast to the previous annualized dividend amount of $2.274 per share.

The Board of Directors also declared a dividend on the company’s Monthly Income Class F preferred stock. The monthly dividend amount of $0.138021 on the Class F preferred shares is payable on July 15, 2015 to shareholders of record as of July 1, 2015. The annualized dividend amount for the Class F preferred shares is $1.65625 per share.

Realty Income Corporation is a publicly traded real estate investment trust. It invests in the real estate markets of the United States. The firm makes investments in commercial real estate. Realty Income Corporation was founded in 1969 and is based in Escondido, California.

Kellogg Company (NYSE:K)’s shares gained 0.22% to $63.41.

Kellogg Company (K) one of the nation’s largest foundations, made a “landmark” $100,000 grant to the San Francisco-based Horizons Foundation to assist support long-term needs of the LGBT community, especially as they relate to LGBT youth.

Horizons will use the Kellogg Foundation grant to boost its estate planning and charitable bequests within the LGBT community, said Roger Doughty, Horizons’ executive director.

Baum notes that several gay men in the Bay Area, many of whom consider themselves of modest means, have noteworthy wealth in their San Francisco homes. Bay Area churches and nonprofits are sometimes surprised at the bequests they’re receiving from San Francisco residents like those described by Baum.

The Kellogg Foundation said that the Horizons grant stems from a benefit offered to the foundation’s departing CEOs and trustees — in this case, former Kellogg Foundation CEO Sterling Speirn, who joined the San Francisco-based Stupski Foundation in September 2014.

Kellogg Company, together with its auxiliaries, manufactures and markets ready-to-eat cereal and convenience foods. The company operates through U.S. Morning Foods, U.S. Snacks, U.S. Specialty, North America Other, Europe, Latin America, and Asia Pacific segments. Its principal products comprise ready-to-eat cereals and convenience foods, such as cookies, crackers, savory snacks, frozen foods, toaster pastries, cereal bars, fruit-flavored snacks, frozen waffles, and veggie foods, in addition to health and wellness business bars, and beverages.

At the end of Wednesday’s trade, Estee Lauder Companies Inc (NYSE:EL)‘s shares surged 0.18% to $87.64.

The Estée Lauder Companies Inc. (EL) declared this week that Guillaume Jesel has been named to the position of Senior Vice President/Global General Manager, TOM FORD BEAUTY. In this role, he leads the global beauty brand, working directly with Tom Ford, President and CEO of TOM FORD INTERNATIONAL and reporting to John Demsey, Group President, The Estée Lauder Companies.

The Estée Lauder Companies Inc. manufactures, markets, and sells skin care, makeup, fragrance, and hair care products worldwide. The company’s skin care products comprise moisturizers, serums, cleansers, toners, exfoliators, acne and oil correctors, sun care, and eye and body care products; and makeup products comprise of face, eye, lip, and nail products, in addition to related items, such as compacts, brushes, and other makeup tools. It also offers fragrances products for women and men in various forms, counting eau de parfum sprays and colognes; lotions, powders, creams, candles, and soaps; and hair care products comprising hair color and styling products, shampoos, conditioners, and treatment and finishing sprays.

Leucadia National Corp. (NYSE:LUK), ended its Wednesday’s trading session with -0.12% loss, and closed at $24.30.

Leucadia National Corp. (LUK) declared that the Board of Directors has declared a quarterly cash dividend equal to $0.0625 per Leucadia common share payable on June 26, 2015 to record holders of Leucadia common shares on June 15, 2015.

Leucadia National Corporation, through its partner, Jefferies Group LLC, primarily operates in the investment banking and capital markets sector. Leucadia National Corporation also owns and holds investments in various other businesses, counting beef processing, manufacturing, energy projects, asset administration, and real estate. It offers equities research, sales, and trading services; financing, securities lending, and other prime brokerage services; wealth administration services; fixed income sales and trading services; futures, foreign exchange, and commodities trading services; and equity and debt capital markets services, in addition to provides mergers and acquisition, and restructuring and recapitalization services in the Americas, Europe, and Asia. The company also processes, packages, and markets boxed beef, ground beef, hides, tallow, and other beef and beef by-products; and owns and operates 26 automobile dealerships.

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