General Mills Quarterly Dividend Declared

Rhea-AI Summary

General Mills (NYSE: GIS) Declares Quarterly Dividend of $0.59 per Share, Continuing 125-Year Dividend Payment Streak

Positive

• General Mills continues its long-standing tradition of uninterrupted dividend payments for 125 years, instilling confidence in investors.
• The quarterly dividend of $0.59 per share reflects the company's commitment to returning value to its shareholders and maintaining financial stability.

Negative

• None.

MINNEAPOLIS--(BUSINESS WIRE)-- The General Mills Board of Directors has declared a quarterly dividend at the prevailing rate of $0.59 per share, payable February 1, 2024, to shareholders of record as of January 10, 2024. General Mills (NYSE: GIS) and its predecessor company have paid dividends without interruption for 125 years.

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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, Totino’s, Annie’s, Wanchai Ferry, Yoki and more. Headquartered in Minneapolis, Minnesota, USA, General Mills generated fiscal 2023 net sales of U.S. $20.1 billion. In addition, the company’s share of non-consolidated joint venture net sales totaled U.S. $1.0 billion.

View source version on businesswire.com: https://www.businesswire.com/news/home/20231114221354/en/

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

(Media) Chelcy Walker: +1-763-764-6364

Source: General Mills

FAQ

What is the dividend rate declared by General Mills?

General Mills has declared a quarterly dividend of $0.59 per share.

When will the dividend be payable to shareholders?

The dividend will be payable on February 1, 2024.

How long has General Mills been paying dividends?

General Mills and its predecessor company have paid dividends without interruption for 125 years.