General Mills Quarterly Dividend Declared

Rhea-AI Summary

The Board of Directors of General Mills (NYSE: GIS) has declared a quarterly dividend of $0.51 per share, payable on May 2, 2022, to shareholders on record as of April 8, 2022. This marks 123 years of uninterrupted dividend payments from the company. For fiscal 2021, General Mills reported net sales of $18.1 billion, with an additional $1.1 billion from non-consolidated joint ventures. The company's strategy focuses on brand growth and shareholder value.

Positive

• Declared a quarterly dividend of $0.51 per share, enhancing returns for shareholders.
• 123 years of uninterrupted dividend payments, indicating strong financial stability.
• Generated $18.1 billion in net sales for fiscal 2021, showcasing business strength.

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 May 2, 2022, to shareholders of record as of April 8, 2022. 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.

View source version on businesswire.com: https://www.businesswire.com/news/home/20220124005868/en/

(Investors) Jeff Siemon: +1-763-764-2301

(Media) Kelsey Roemhildt: +1-763-764-6364

Source: General Mills

FAQ

What is the dividend amount declared by General Mills?

General Mills declared a quarterly dividend of $0.51 per share.

When is the dividend payment date for General Mills?

The dividend is payable on May 2, 2022.

What is the record date for the dividend payment?

The record date for the dividend payment is April 8, 2022.

How long has General Mills been paying dividends?

General Mills has been paying dividends without interruption for 123 years.

What were General Mills' net sales for fiscal 2021?

General Mills reported net sales of $18.1 billion for fiscal 2021.