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GIS General Mills dividend history, payout ratio & dates

General Mills's latest cash dividend of $0.6 per share was issued to shareholders on record before Oct 10, 2024. The dividend distribution stands at $2.38 per share annually, which comes to a dividend yield of 3.5%.

Key dates

  • GIS last dividend date: Oct 10, 2024
GIS dividend stats
DPS
$2.38
Dividend yield
3.49%
Payout ratio
56.3%
vs. Consumer Defensive sector
Dividend yield
2.43%
Payout ratio
49.9%

Dividend yield

What is General Mills current dividend yield

GIS has a dividend yield of 3.5% which is higher than the Consumer Defensive sector, the industry and its peers average. In comparison with the Consumer Defensive sector average of 2.43%, General Mills's dividend yield is 44% higher. Historically GIS's dividend yield has averaged at 3.2% in the last 5 years, which is lower than the current one.

Dividend history

What is GIS dividend payout history and dates

General Mills has been paying dividends for the last 30 years. Our records show that GIS has distributed four quarterly dividends in the past year. The annualized dividend per share has grown by 5% since twelve months ago. And with the price of the stock up by 4.1% from a year ago, the dividend yield has grown by 1.1%.

Recent dividends

Ex-date Amount Yield (TTM)
Oct 10, 2024 $0.6 3.34%
Jul 10, 2024 $0.6 3.78%
Apr 9, 2024 $0.59 3.36%
Jan 9, 2024 $0.59 3.59%
Oct 6, 2023 $0.59 3.62%
Jul 7, 2023 $0.59 2.94%
Apr 6, 2023 $0.54 2.49%
Jan 9, 2023 $0.54 2.52%
Oct 6, 2022 $0.54 2.8%
Jul 7, 2022 $0.54 2.74%
Apr 7, 2022 $0.51 2.92%
Jan 7, 2022 $0.51 2.98%
Oct 7, 2021 $0.51 3.33%
Jul 8, 2021 $0.51 3.42%
Apr 8, 2021 $0.51 3.31%
Jan 7, 2021 $0.51 3.45%
Oct 8, 2020 $0.51 3.23%
Jul 9, 2020 $0.49 3.13%
Apr 8, 2020 $0.49 3.52%
Jan 9, 2020 $0.49 3.74%
Oct 9, 2019 $0.49 3.62%
Jul 9, 2019 $0.49 3.68%
Apr 9, 2019 $0.49 3.84%
Jan 9, 2019 $0.49 4.85%
Oct 9, 2018 $0.49 4.53%
Jul 9, 2018 $0.49 4.42%
Apr 9, 2018 $0.49 4.36%
Jan 9, 2018 $0.49 3.29%
Oct 6, 2017 $0.49 3.77%
Jul 6, 2017 $0.49 3.59%
Apr 6, 2017 $0.48 3.33%
Jan 6, 2017 $0.48 3.09%
Oct 5, 2016 $0.48 2.98%
Jul 7, 2016 $0.48 2.53%
Apr 7, 2016 $0.46 2.82%
Jan 7, 2016 $0.44 3.19%
Oct 7, 2015 $0.44 3.1%
Jul 8, 2015 $0.44 2.99%
Apr 8, 2015 $0.44 2.99%
Jan 8, 2015 $0.41 3.06%

General Mills dividend payout ratio

What is General Mills dividend payout ratio compared to the sector

Payout ratio

GIS has a payout ratio of 56.3% which is higher than the Consumer Defensive sector average but lower than the industry and its peers average. If we compare it with the Consumer Defensive sector average of 49.9%, General Mills's payout ratio is 13% higher.

Total amount of dividends paid per financial year (from cash flow)

GIS dividend vs peer dividends

How does GIS dividend compare to its peers' dividends
Name Dividend yield DPS Payout ratio
CAG Conagra Brands Inc 4.79% $1.4 135.9%
SJM J M SMUCKER Co 3.77% $4.26 59.9%
GIS General Mills Inc 3.49% $2.38 56.3%
K Kellogg Co 2.78% $2.25 84.6%
MDLZ Mondelez International Inc 2.5% $1.75 61.4%

Frequently asked questions

Does General Mills pay a dividend?

Yes, General Mills has been paying dividends for the last 30 years.

When was GIS's last dividend?

General Mills's last dividend ex-date was on Oct 10, 2024. The dividend amount was $0.6 per share.

How much dividend does General Mills pay (per share)?

GIS's annualized dividend per share is $2.38.

What is General Mills's dividend yield?

General Mills's current dividend yield is 3.5%.

How often does General Mills pay dividends?

General Mills pays dividends quarterly.

What is General Mills's dividend payout ratio?

General Mills's dividend payout ratio is 56.3%.

Does General Mills pay a good dividend?

General Mills's dividend yield is higher than the Consumer Defensive sector average.

Special dividends are included in TTM DPS and yield. Data from and Sharadar.