116 years of uninterrupted dividends
General Mills has one of America’s longest streaks of paying, and even increasing, its shareholder dividends. For 116 years in a row General Mills and its predecessor firm, the Washburn Crosby Company, have paid dividends without reduction or interruption.
Today the General Mills Board of Directors declared a quarterly dividend at the prevailing rate of $.41 per share, payable Feb. 2, 2015, to shareholders of record Jan. 12, 2015.
The current annualized dividend rate of $1.64 per share is a 6 percent increase over the dividend rate of $1.55 per share in fiscal 2014.
In addition to our history of paying shareholder dividends, GIS stock has a long track record of outperforming the overall U.S. equity market’s total return to investors, due in part to growth in dividends as earnings have grown over time. At recent share prices, the annual dividend yield for GIS is just over 3 percent, while the S&P 500 yield is around 2 percent.
Dividend growth continues to be a key component of the company’s long-term shareholder return model.
We’ve delivered 13 percent compound annual growth in total shareholder return over the past 50 years.
To learn more, visit the Investors section of GeneralMills.com.
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