General Mills As of July 26, 2022 ticker dps (an.) 2022 hike 2021 hike 2020 hike
GIS $2.16 5.9% 0.0% 4.1%
Business yield Hike yrs 5 yr CAGR freq. paid since
(Pet) Food Products 2.9% 3 2.0% Quarter 1899
The average 5 year dividend growth rate for GIS is only 2.0%. © image dividendhike.com
The average 5 year dividend growth rate for GIS is only 2.0%. © image dividendhike.com

General Mills (ticker symbol GIS) today announced that it will raise its quarterly dividend by 5.9 percent to $0.54 per share in 2022. The next quarterly dividend of 54 cents per share will be payable August 1, 2022, to shareholders of record July 8, 2022. A new annual dividend rate of $2.16 per share for GIS will yield 2.9% based on a stock price of $75.45. The average dividend growth rate for GIS the last five years is only 2.0%.

General Mills (GIS) Dividend history and dividend growth
Company name General Mills Inc
Ticker symbol GIS
Dividend paid since 1899
Track record (years increased) 3
Payment Frequency Quarterly dividend
Sector Consumer Staples
Business (Pet) Food Products
Dividend growth: 5 year average 2.0%
Next dividend per share $0.54
Annual dividend per share $2.16
GIS dividend statistics and stock price return as of June 29, 2022
Dividend yield 2.9%
Stock price $75.45
YTD Total Return 12.5%
Next ex-dividend date July 7, 2022
Next payment date August 1, 2022
Market cap (in $B) 45.19
Total dividend (in $B) 1.29
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General Mills is known for its long and strong dividend history with General Mills and its predecessor company having paid dividends without interruption for more than 120 years. Currently General Mills will pay an estimated $1.3 billion in dividends to its shareholders annually. The last time the company announced a double digit dividend hike was in 2013 (+15.2 percent).

General Mills, Inc. is a manufacturer and marketer of branded consumer foods and pet food products sold through retail stores and online. Its brands include Cheerios, Annie's, Betty Crocker and Blue Buffalo Pet Products. General Mills has four segments: U.S. Retail, International, Pet operating, and Convenience Stores and Foodservice. 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. In 2018 General Mills acquired Blue Buffalo Pet Products, Inc. The company has paid a dividend to its shareholders every year since at least 1899.

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Ex-date Ticker Yield YTD hike
Aug 16 PCAR 1.6% 0.0%
Aug 16 ED 3.3% 1.9%
Aug 16 TGT 2.8% 20.0%
Aug 17 LH 1.2% 0.0%
Aug 17 CNP 2.4% 0.0%
Aug 17 MSFT 1.0% 0.0%
Aug 17 PSX 4.5% 5.4%
Aug 17 NLSN 1.0% 0.0%
Aug 18 WBA 4.9% 0.5%
Aug 18 SHW 0.9% 9.1%