25 High Dividend Stocks Being Targeted By Short Sellers

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20. General Mills, Inc. (NYSE:GIS)

Short % of Float as of April 15: 6.01%

Dividend Yield as of April 28: 4.31%

General Mills, Inc. (NYSE:GIS) is an American multinational manufacturer of branded processed consumer foods sold through retail stores. The stock is down by over 12% since the start of 2025 as rising input costs remained a persistent challenge for the company. In addition, external pressures, including inventory reductions by retailers in key segments, significantly impacted its performance in its latest quarter. Management recognized the ongoing supply chain issues and expressed a commitment to addressing these challenges to help stabilize future sales. Efforts to cut costs and pursue strategic initiatives were highlighted as part of a broader plan to strengthen financial stability in the coming quarters.

In the third quarter of fiscal 2025, General Mills, Inc. (NYSE:GIS) reported mixed results, posting revenue of $4.8 billion, a 5% year-over-year decline. Organic net sales also fell 5%, with around four percentage points of the decline tied to retailer inventory reductions and the anticipated reversal of favorable timing factors from the previous quarter. Despite the difficult environment, the company managed to expand its market share in the Pet, Foodservice, and International segments. Pillsbury refrigerated dough and Totino’s hot snacks categories also delivered stronger performances, helped by increased investments made earlier in the fiscal year.

The company also managed to maintain its cash position. Over the first nine months of fiscal 2025, General Mills, Inc. (NYSE:GIS) generated $2.3 billion in operating cash flow and spent $405 million on capital expenditures. During this period, the company returned $1 billion to shareholders through dividends. Currently, it offers a quarterly dividend of $0.60 per share and has a dividend yield of 4.31%, as of April 28. The company has a solid dividend history of paying regular dividends for 126 years.

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