General Mills Dividend

Dividend criteria checks 5/6

General Mills is a dividend paying company with a current yield of 3.39% that is well covered by earnings. Next payment date is on 1st November, 2024 with an ex-dividend date of 10th October, 2024.

Key information

3.4%

Dividend yield

56%

Payout ratio

Industry average yield3.1%
Next dividend pay date01 Nov 24
Ex dividend date10 Oct 24
Dividend per share€2.159
Earnings per share€4.33
Dividend yield forecast3.7%

Recent dividend updates

Recent updates

Stability and Growth of Payments

Fetching dividends data

Stable Dividend: GIS's dividends per share have been stable in the past 10 years.

Growing Dividend: GIS's dividend payments have increased over the past 10 years.


Dividend Yield vs Market

General Mills Dividend Yield vs Market
How does GIS dividend yield compare to the market?
SegmentDividend Yield
Company (GIS)3.4%
Market Bottom 25% (AT)2.3%
Market Top 25% (AT)6.2%
Industry Average (Food)3.1%
Analyst forecast (GIS) (up to 3 years)3.7%

Notable Dividend: GIS's dividend (3.39%) is higher than the bottom 25% of dividend payers in the Austrian market (2.27%).

High Dividend: GIS's dividend (3.39%) is low compared to the top 25% of dividend payers in the Austrian market (6.3%).


Earnings Payout to Shareholders

Earnings Coverage: With its reasonable payout ratio (56.1%), GIS's dividend payments are covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its reasonably low cash payout ratio (48%), GIS's dividend payments are well covered by cash flows.


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