General Mills (GIS) will raise its quarterly dividend by 4.5% to $0.46 per share.
The indicated dividend yield is 3.1%, with General Mills stock near an all time high at almost $60.
General Mills, Inc. is a manufacturer and marketer of branded consumer foods sold through retail stores. Its brands include Cheerios, Annie's and Betty Crocker. The company's Convenience Stores and Foodservice segment's product categories include ready-to-eat cereals, snacks, refrigerated yogurt, frozen meals, unbaked and fully baked frozen dough products, and baking mixes.