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 yield | 3.1% |
| Next dividend pay date | 01 Nov 24 |
| Ex dividend date | 10 Oct 24 |
| Dividend per share | €2.159 |
| Earnings per share | €4.33 |
| Dividend yield forecast | 3.7% |
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 |
|---|
| Segment | Dividend 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.