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 3.74%.
Key dates
- GIS last dividend date: Oct 10, 2024
GIS dividend stats
vs. Consumer Defensive sector
Dividend yield
GIS has a dividend yield of 3.74% which is higher than the Consumer Defensive sector, the industry and its peers average. In comparison with the Consumer Defensive sector average of 2.54%, General Mills's dividend yield is 47% 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
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 down by 0.9% from a year ago, the dividend yield has grown by 6%.
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
Payout ratio
GIS has a payout ratio of 51.4% which is lower than the Consumer Defensive sector, the industry and its peers average. But if we consider the Consumer Defensive sector average of 52.3%, General Mills's payout ratio is only 1.7% lower.
Total amount of dividends paid per financial year (from cash flow)
GIS dividend vs peer dividends
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| CAG Conagra Brands Inc | 5.16% | $1.4 | 135.9% |
| SJM J M SMUCKER Co | 3.89% | $4.28 | 86.1% |
| GIS General Mills Inc | 3.74% | $2.38 | 51.4% |
| MDLZ Mondelez International Inc | 2.94% | $1.75 | 61.4% |
| K Kellogg Co | 2.81% | $2.26 | 76.9% |
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 3.74%.
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 51.4%.
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.