General Mills Quarterly Dividend Declared

Rhea-AI Summary

The Board of Directors of General Mills has declared a quarterly dividend of $0.51 per share, marking a 4% increase from last year's $0.49. This dividend is payable on February 1, 2021, to shareholders on record as of January 8, 2021. General Mills has maintained uninterrupted dividend payments for 122 years. In fiscal 2020, the company reported net sales of $17.6 billion, along with $1.0 billion in net sales from non-consolidated joint ventures.

Positive

• Quarterly dividend increased by 4% to $0.51 per share.
• Uninterrupted dividend payments for 122 years.
• Fiscal 2020 net sales of $17.6 billion.

Negative

• None.

MINNEAPOLIS--(BUSINESS WIRE)--The General Mills Board of Directors has declared a quarterly dividend at the prevailing rate of $0.51 per share, payable February 1, 2021, to shareholders of record as of January 8, 2021. The current quarterly dividend rate represents a 4 percent increase from the $0.49 per share rate paid a year ago. General Mills (NYSE: GIS) and its predecessor company have paid dividends without interruption for 122 years.

About General Mills

General Mills is a leading global food company whose purpose is to make food the world loves. Its brands include Cheerios, Annie's, Yoplait, Nature Valley, Häagen-Dazs, Betty Crocker, Pillsbury, Old El Paso, Wanchai Ferry, Yoki, BLUE and more. Headquartered in Minneapolis, Minnesota, USA, General Mills generated fiscal 2020 net sales of U.S. $17.6 billion. In addition, General Mills’ share of non-consolidated joint venture net sales totaled U.S. $1.0 billion.