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GIS General Mills dividend history, payout ratio & dates

  1. Stocks
  2. Consumer Defensive
  3. NYSE: GIS
  4. Dividend

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%.

Key dates

  • GIS last dividend date: Jul 7, 2023
  • GIS next dividend date: Not announced
Peer dividends: K MDLZ SJM CAG
GIS dividend stats
DPS
$2.21
Dividend yield
3.45%
Payout ratio
53.4%
vs. Consumer Defensive sector
Dividend yield
2.33%
Payout ratio
51.8%

Dividend yield

What is General Mills current dividend yield

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.

Dividend history

What is GIS dividend payout history and dates

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%.

Recent dividends

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

General Mills dividend payout ratio

What is General Mills dividend payout ratio compared to the sector

Payout ratio

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.

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 4.87% $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%

Frequently asked questions

Does General Mills pay a dividend?

Yes, General Mills has been paying dividends for the last 29 years.

When is General Mills's next dividend?

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.

When was GIS's last dividend?

General Mills's last dividend ex-date was on Jul 7, 2023. The dividend amount was $0.59 per share.

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

GIS's annualized dividend per share is $2.21.

What is General Mills's dividend yield?

General Mills's current dividend yield is 3.39%.

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 53.4%.

Does General Mills pay a good dividend?

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