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The General Mills Board has declared a quarterly dividend of $0.51 per share, to be paid on November 1, 2021, to shareholders of record by October 8, 2021. General Mills has maintained a consistent dividend payment for 123 years. In fiscal 2021, the company reported net sales of $18.1 billion, with an additional $1.1 billion from non-consolidated joint ventures. This continued commitment to dividends reflects General Mills' strategy to enhance shareholder value and its strong financial performance.
Positive
Quarterly dividend of $0.51 per share supports shareholder income.
123 years of uninterrupted dividend payments demonstrate financial stability.
Fiscal 2021 net sales reached $18.1 billion, indicating strong demand.
Negative
None.
MINNEAPOLIS--(BUSINESS WIRE)--
The General Mills Board of Directors today declared a quarterly dividend at the prevailing rate of $0.51 per share, payable November 1, 2021, to shareholders of record as of October 8, 2021. General Mills (NYSE: GIS) and its predecessor company have paid dividends without interruption for 123 years.
About General Mills
General Mills makes food the world loves. The company is guided by its Accelerate strategy to drive shareholder value by boldly building its brands, relentlessly innovating, unleashing its scale and being a force for good. Its portfolio of beloved brands includes household names such as Cheerios, Nature Valley, Blue Buffalo, Häagen-Dazs, Old El Paso, Pillsbury, Betty Crocker, Yoplait, Annie’s, Wanchai Ferry, Yoki and more. Headquartered in Minneapolis, Minnesota, USA, General Mills generated fiscal 2021 net sales of U.S.$18.1 billion. In addition, the company’s share of non-consolidated joint venture net sales totaled U.S.$1.1 billion.