General Mills Dividend
Dividend criteria checks 5/6
General Mills is a dividend paying company with a current yield of 3.82% that is well covered by earnings. Next payment date is on 1st August, 2024 with an ex-dividend date of 10th July, 2024.
Key information
3.8%
Dividend yield
54%
Payout ratio
Industry average yield | 3.3% |
Next dividend pay date | 01 Aug 24 |
Ex dividend date | 10 Jul 24 |
Dividend per share | n/a |
Earnings per share | US$4.47 |
Dividend yield forecast in 3Y | 4.2% |
Recent dividend updates
Recent updates
General Mills (NYSE:GIS) Will Pay A Larger Dividend Than Last Year At $0.60
Jun 29We Think General Mills (NYSE:GIS) Can Stay On Top Of Its Debt
Jun 27General Mills FY Earnings: A Good Investment (But Not For Everyone)
Jun 23General Mills: Do Not Always Seek Alpha
Jun 16General Mills Is A Top Consumer Staples Compounder
May 01Getting In Cheap On General Mills, Inc. (NYSE:GIS) Is Unlikely
Apr 13We Think General Mills (NYSE:GIS) Can Stay On Top Of Its Debt
Mar 26General Mills Stock: Trends We're Watching Ahead Of Q3 Earnings
Mar 13General Mills (NYSE:GIS) Shareholders Will Want The ROCE Trajectory To Continue
Mar 11General Mills: Losing Market Share To Store Brands
Feb 08General Mills Stock Still Isn't Cheap Enough
Jan 12General Mills: Softening Sales Growth Creates An Attractive Entry Point
Jan 05Pinning Down General Mills, Inc.'s (NYSE:GIS) P/E Is Difficult Right Now
Jan 01Is General Mills (NYSE:GIS) A Risky Investment?
Dec 16General Mills: This Steady Dividend Payer Is An Attractive Buy Right Now
Dec 11General Mills Stock Is In Buy Territory Again (Rating Upgrade)
Dec 05The Returns At General Mills (NYSE:GIS) Aren't Growing
Dec 01Pet And International Area Provide New Aisle For Growth For General Mills
Nov 09Hold On To General Mills To Get A Healthy Dividend Yield For Breakfast
Nov 02Is There An Opportunity With General Mills, Inc.'s (NYSE:GIS) 45% Undervaluation?
Oct 30Down About 30%, Yielding 4% - How Attractive Is General Mills?
Oct 01General Mills (NYSE:GIS) Seems To Use Debt Quite Sensibly
Aug 31General Mills: Things Are Looking Up
Aug 30General Mills' (NYSE:GIS) Returns Have Hit A Wall
Aug 01General Mills: Underlying Volume Challenges
Jul 31Is There An Opportunity With General Mills, Inc.'s (NYSE:GIS) 33% Undervaluation?
Jul 17General Mills: Promising Opportunity With A High Price Tag
Jun 28General Mills: A Decent Year, But Seems Overpriced
Jun 12General Mills (NYSE:GIS) Seems To Use Debt Quite Sensibly
Jun 01General Mills: Flawless Dividend But There's A Problem
May 25Here's Why We Think General Mills (NYSE:GIS) Is Well Worth Watching
May 08The Returns At General Mills (NYSE:GIS) Aren't Growing
Apr 12Is General Mills, Inc. (NYSE:GIS) Trading At A 21% Discount?
Mar 31General Mills: I Am Once Again Bullish And Have 2 Areas Investors Should Watch Closely
Feb 21Here's Why General Mills (NYSE:GIS) Can Manage Its Debt Responsibly
Feb 20With EPS Growth And More, General Mills (NYSE:GIS) Makes An Interesting Case
Feb 06General Mills declares $0.54 dividend
Jan 30General Mills Needs Volume Growth
Jan 22General Mills: Worth Monitoring For Its Strict Implementation Of Its Accelerate Strategy
Jan 16General Mills (NYSE:GIS) Posted Healthy Earnings But There Are Some Other Factors To Be Aware Of
Dec 28General Mills: Assessing If Another Beat Is On The Cards In Q2
Dec 19General Mills, Inc. (NYSE:GIS) Shares Could Be 23% Below Their Intrinsic Value Estimate
Dec 13General Mills: Delivering High Returns During Market Downturns
Dec 07Upcoming Dividend Payment
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) | 3.8% |
Market Bottom 25% (US) | 1.5% |
Market Top 25% (US) | 4.7% |
Industry Average (Food) | 3.3% |
Analyst forecast in 3 Years (GIS) | 4.2% |
Notable Dividend: GIS's dividend (3.82%) is higher than the bottom 25% of dividend payers in the US market (1.53%).
High Dividend: GIS's dividend (3.82%) is low compared to the top 25% of dividend payers in the US market (4.74%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (54.4%), GIS's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (53%), GIS's dividend payments are covered by cash flows.