General Mills Quarterly Dividend Declared

Rhea-AI Summary

The Board of Directors of General Mills has declared a quarterly dividend of $0.54 per share, scheduled for payment on May 1, 2023. This follows a record date of April 10, 2023. Remarkably, General Mills has maintained uninterrupted dividend payments for 124 years. The company reported net sales of $19.0 billion for fiscal 2022, along with non-consolidated joint venture net sales of $1.1 billion. General Mills continues to focus on driving shareholder value through brand innovation and sustainable growth.

Positive

• Quarterly dividend declared at $0.54 per share.
• Company has paid uninterrupted dividends for 124 years.
• Fiscal 2022 net sales were $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 May 1, 2023, to shareholders of record as of April 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/20230130005431/en/

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

(Media) Jessica Stevens: +1-763-293-2064

Source: General Mills

FAQ

What is the dividend amount declared by General Mills for May 2023?

General Mills declared a quarterly dividend of $0.54 per share, payable on May 1, 2023.

What is the record date for General Mills' dividend payment?

The record date for the dividend payment is April 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 for fiscal 2022?

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

What is the stock symbol for General Mills?

The stock symbol for General Mills is GIS.