General Mills: A Long History of Steady Dividend Payments

General Mills, Inc. (NYSE:GIS) is one of the Best Dividend Leaders to Buy Now.

The company has proven to be resilient during tough economic times. In 2010, for instance, it company delivered record performance with higher sales, stronger margins, improved segment profits, and solid cash flow.

A worker in a production facility packaging arbitrary food products, reflecting the company’s commitment to comprehensive production standards.

A major reason behind this stability is its dependable dividend, which has been paid consistently for 126 straight years, even through economic challenges, thanks to its strong cash flow. In the first nine months of FY25, General Mills, Inc. (NYSE:GIS) generated $2.3 billion in operating cash and paid out $1 billion in dividends.

General Mills, Inc. (NYSE:GIS) continues to attract income-focused investors by consistently evolving and expanding its portfolio. On June 23, the company announced two new initiatives in its North America Pet segment, with launches from Blue Buffalo and Edgard & Cooper. These efforts aim to align with changing consumer preferences and support growth in the pet food market.

The company offers a quarterly dividend of $0.60 per share, and its 4.5% dividend yield stands out as especially attractive in the packaged food sector.

General Mills, Inc. (NYSE:GIS) is an American multinational company that produces and markets branded, ultra-processed consumer foods, primarily sold through retail outlets.

While we acknowledge the potential of GIS as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

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Disclosure. None.