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General Mills, Inc. (GIS) logo

General Mills, Inc.

S&P 500
GIS|Consumer Defensive|Packaged Foods|$34.68|P/E 8.5|MCap 18.5B|NYSE

Last update: May 9, 2026 at 09:32

Dividend Safety Rating

70/ 100Safe

GIS's dividend appears safe and well-supported. Strengths include a 59.4% earnings payout ratio & 45.4% cfo payout ratio. Areas of concern: 0.6x current ratio.

Based on 15 of 15 metrics

Strengths

  • Return on Equity: 23.6%Strong return on equity reflects efficient profit generation.
  • Profit Margin Stability: Very StableProfit margins have stayed stable through cycles.
  • Dividend Streak: 11+ yrsLong, uninterrupted dividend track record.

Risks

  • Current Ratio: 0.6xLimited short-term liquidity to meet obligations.

Payout & Coverage

Safe
Earnings Payout Ratio
59.4%Safe
FCF Payout Ratio
79.8%Caution
CFO Payout Ratio
45.4%Safe
Interest Coverage
6.2xSafe

Balance Sheet

Warning
Net Debt / Total Assets
45.1%Caution
Current Ratio
0.6xDanger
Debt-to-Equity
217.6Caution

Profitability

Safe
Return on Equity
23.6%Very Safe
Operating Margin
19.2%Safe
Gross Margin
30.8%Caution
Profit Margin Stability
Very StableVery Safe

Dividend Track Record

Very Safe
Dividend Streak
11+ yrsVery Safe
Dividend Cut
NoneVery Safe
5-Year Dividend CAGR
4.1%Caution
Earnings Stability
GrowingVery Safe

About General Mills, Inc.

General Mills, Inc. is a leading global packaged-food company founded in 1866 and headquartered in Minneapolis, Minnesota. It specializes in producing a diverse array of consumer products, including snacks, cereals like Cheerios, convenient meals, dough and baking mixes such as Pillsbury and Betty Crocker, pet food under Blue Buffalo, and superpremium ice cream like Haagen-Dazs and Old El Paso brands. The company operates primarily in the United States, where 81% of its fiscal 2025 revenue originated, with additional presence in Canada, Europe, Australia, Asia, and Latin America. General Mills distributes its offerings through retail stores to consumers, as well as to the foodservice channel and commercial baking industry, employing around 33,000 people worldwide. Positioned in the Food, Beverage & Tobacco sector and Packaged Foods and Meats industry, it maintains a significant market capitalization exceeding $23 billion, underscoring its enduring role in the consumer defensive space with iconic household brands that cater to everyday nutritional and indulgence needs.

Dividend Overview

Dividend Yield

7.03%

Annual Dividend

$2.44

Frequency

Quarterly

Payout Ratio

59.41%

FCF Payout Ratio

79.84%

Stock Price

$34.68

52-Week Range

$33.58 $55.35

Dividend History (2016–2025)

GIS annual dividend per share and yield history

Earnings & Profitability

GIS earnings per share and net profit margin

Key Dates

Last Ex-Dividend Date

April 10, 2026

Last Payment Date

May 1, 2026

Dividend Growth

3-Year Dividend CAGR

4.84%

5-Year Dividend CAGR

4.10%

10-Year Dividend CAGR

3.41%

3-Year Total Growth

15.24%

5-Year Total Growth

22.22%

10-Year Total Growth

39.88%

Income Calculator

GIS Dividend Calculator

Total Investment

$3,468.00

Annual Income

$244.00

Quarterly Income

$61.00

Monthly Income

$20.33

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Frequently Asked Questions

What is GIS's current dividend yield?
General Mills, Inc. (GIS) currently has a dividend yield of 7.03%, based on a stock price of $34.68 and an annual dividend of $2.44.
When is GIS's next dividend payment date?
GIS's next ex-dividend date is 2026-04-10 and the next payment date is 2026-05-01. You must own the stock before the ex-dividend date to receive the upcoming payment.
How much does GIS pay in dividends per year?
General Mills, Inc. paid $2.42 per share in annual dividends in 2025. The dividends are paid quarterly.
Has GIS been increasing its dividend?
General Mills, Inc. has grown its dividend at a 5-year CAGR of 4.10% and a 10-year CAGR of 3.41%.
Is GIS's dividend safe?
General Mills, Inc. has a payout ratio of 59.41%. Its free cash flow payout ratio is 79.84%. A payout ratio below 60% is generally considered sustainable.
How is GIS's Dividend Safety Rating calculated?
The Dividend Safety Rating evaluates General Mills, Inc.'s dividend sustainability across four categories: Payout & Coverage (30%), Balance Sheet (20%), Profitability (20%), and Dividend Track Record (30%). Each metric is rated from "Very Safe" to "Danger" based on industry-standard thresholds, with sector-specific adjustments for consumer defensive companies. The overall score ranges from 0 to 100.

Want to understand how we rate dividend safety? Read our full methodology

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This page is not investment advice. The content is for informational purposes only and should not be construed as a recommendation to buy, sell, or hold any security. Always do your own research and consult a qualified financial advisor before making investment decisions.

Financial data, including dividend history, earnings, balance sheet metrics, and the Dividend Safety Rating, is provided for informational purposes only. Data may be delayed or differ from official filings. Past performance does not guarantee future results. Always verify with official sources before making investment decisions.

Market data provided by Twelve Data.