General Mills Quarterly Dividend Declared

Rhea-AI Summary

The Board of General Mills has declared a quarterly dividend of $0.54 per share, payable on February 1, 2023, to shareholders of record as of January 10, 2023. General Mills has a long-standing history of paying dividends without interruption for 124 years. In fiscal 2022, the company reported net sales of $19.0 billion and an additional $1.1 billion from non-consolidated joint ventures. This commitment to shareholder value is part of their continued strategy to innovate and strengthen brand presence.

Positive

• Quarterly dividend increased to $0.54 per share.
• Continued dividend payments for 124 years demonstrates strong history of shareholder returns.
• Fiscal 2022 net sales reached $19.0 billion.

Negative

• None.

MINNEAPOLIS--(BUSINESS WIRE)-- The General Mills Board of Directors today declared a quarterly dividend at the prevailing rate of $0.54 per share, payable February 1, 2023, to shareholders of record as of January 10, 2023. General Mills (NYSE: GIS) and its predecessor company have paid dividends without interruption for 124 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 standing 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 2022 net sales of U.S. $19.0 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/20221114005790/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 in January 2023?

General Mills declared a dividend of $0.54 per share.

When will the General Mills dividend be paid?

The dividend will be paid on February 1, 2023.

What is the record date for General Mills' dividend?

The record date for the dividend is January 10, 2023.

How long has General Mills been paying dividends?

General Mills has been paying dividends without interruption for 124 years.

What were General Mills' net sales in fiscal 2022?

General Mills reported net sales of $19.0 billion in fiscal 2022.