General Mills's latest quarterly cash dividend of $0.59 per share was issued to shareholders on record before Jul 7, 2023. The dividend distribution stands at $2.21 per share annually, which comes to a dividend yield of 3.39%. The latest GIS dividend of $0.59 is an increase from the previous $0.54 payout, representing a growth of 9%.
GIS has a dividend yield of 3.39% which is higher than the Consumer Defensive sector and the industry average but lower than its peers average. In comparison with the Consumer Defensive sector average of 2.33%, General Mills's dividend yield is 45% higher. Historically GIS's dividend yield has averaged at 3.4% in the last 5 years, which is in line with the current one.
General Mills has been paying dividends for the last 29 years. Our records show that GIS has distributed four quarterly dividends in the past year. The annualized dividend per share has grown by 7% since twelve months ago. And with the price of the stock down by 17% from a year ago, the dividend yield has grown by 29%.
Ex-date | Payment date | Declared on | Amount | Type |
---|---|---|---|---|
Jul 7, 2023 | Aug 1, 2023 | Jun 28, 2023 | $0.59 | normal |
Apr 6, 2023 | May 1, 2023 | Jan 30, 2023 | $0.54 | normal |
Jan 9, 2023 | Feb 1, 2023 | Nov 14, 2022 | $0.54 | normal |
Oct 6, 2022 | Nov 1, 2022 | $0.54 | normal | |
Jul 7, 2022 | Aug 1, 2022 | Jun 29, 2022 | $0.54 | normal |
Apr 7, 2022 | May 2, 2022 | Jan 24, 2022 | $0.51 | normal |
Jan 7, 2022 | Feb 1, 2022 | Nov 15, 2021 | $0.51 | normal |
Oct 7, 2021 | Nov 1, 2021 | Sep 27, 2021 | $0.51 | normal |
Jul 8, 2021 | Aug 2, 2021 | Jun 29, 2021 | $0.51 | normal |
Apr 8, 2021 | May 3, 2021 | Jan 25, 2021 | $0.51 | normal |
Jan 7, 2021 | Feb 1, 2021 | Nov 9, 2020 | $0.51 | normal |
Oct 8, 2020 | Nov 2, 2020 | Sep 23, 2020 | $0.51 | normal |
Jul 9, 2020 | Aug 3, 2020 | Jun 30, 2020 | $0.49 | normal |
Apr 8, 2020 | May 1, 2020 | Jan 27, 2020 | $0.49 | normal |
Jan 9, 2020 | Feb 3, 2020 | Nov 18, 2019 | $0.49 | normal |
Oct 9, 2019 | Nov 1, 2019 | Sep 24, 2019 | $0.49 | normal |
Jul 9, 2019 | Aug 1, 2019 | Jun 25, 2019 | $0.49 | normal |
Apr 9, 2019 | May 1, 2019 | Feb 5, 2019 | $0.49 | normal |
Jan 9, 2019 | Feb 1, 2019 | Nov 6, 2018 | $0.49 | normal |
Oct 9, 2018 | Nov 1, 2018 | Sep 25, 2018 | $0.49 | normal |
Jul 9, 2018 | Aug 1, 2018 | Jun 26, 2018 | $0.49 | normal |
Apr 9, 2018 | May 1, 2018 | Mar 19, 2018 | $0.49 | normal |
Jan 9, 2018 | Feb 1, 2018 | Dec 20, 2017 | $0.49 | normal |
Oct 6, 2017 | Nov 1, 2017 | Sep 26, 2017 | $0.49 | normal |
Jul 6, 2017 | Aug 1, 2017 | Jun 28, 2017 | $0.49 | normal |
Apr 6, 2017 | May 1, 2017 | Mar 14, 2017 | $0.48 | normal |
Jan 6, 2017 | Feb 1, 2017 | Dec 13, 2016 | $0.48 | normal |
Oct 5, 2016 | Nov 1, 2016 | Sep 27, 2016 | $0.48 | normal |
Jul 7, 2016 | Aug 1, 2016 | Jun 29, 2016 | $0.48 | normal |
Apr 7, 2016 | May 2, 2016 | Mar 8, 2016 | $0.46 | normal |
Jan 7, 2016 | Feb 1, 2016 | Dec 15, 2015 | $0.44 | normal |
Oct 7, 2015 | Nov 2, 2015 | Sep 29, 2015 | $0.44 | normal |
GIS has a payout ratio of 53.4% which is higher than the Consumer Defensive sector average but lower than the industry average. But if we consider the Consumer Defensive sector average of 51.8%, General Mills's payout ratio is only 3.1% higher.
Name | Dividend yield | DPS | Payout ratio |
---|---|---|---|
CAG Conagra Brands Inc | 4.87% | $1.34 | 93.7% |
K Kellogg Co | 4.01% | $2.37 | 94% |
GIS General Mills Inc | 3.45% | $2.21 | 53.4% |
SJM J M SMUCKER Co | 3.28% | $4.12 | N/A |
MDLZ Mondelez International Inc | 2.2% | $1.54 | 51% |
Yes, General Mills has been paying dividends for the last 29 years.
At this point we don't have a record of GIS's next dividend date, but based on the current dividend schedule we project that it will likely be in October 2023.
General Mills's last dividend ex-date was on Jul 7, 2023. The dividend amount was $0.59 per share.
GIS's annualized dividend per share is $2.21.
General Mills's current dividend yield is 3.39%.
General Mills pays dividends quarterly.
General Mills's dividend payout ratio is 53.4%.
General Mills's dividend yield is higher than the Consumer Defensive sector average.