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Data last updated: Jul 06, 2026
Snapshot (as of Jul 06, 2026): General Mills, Inc. (GIS) pays a $2.44 annual dividend ($0.61 quarterly), yielding 6.49% at $37.57/share. Next ex-dividend date 2026-07-10. 14 consecutive years of dividend growth. Source: Yahoo Finance, aggregated by MerryDiv.
Dividend Yield: 6.49%
Annual Dividend: $2.44 per share
Payout Ratio: -1501.5%
Ex-Dividend Date: 2026-07-10
Dividend Frequency: quarterly
Sector: Consumer Defensive
Years of Dividend History: 44
General Mills, Inc. dividend investors are looking at a 6.49% yield from one of the largest packaged food companies in the world, behind brands like Cheerios, Blue Buffalo, and Häagen-Dazs. GIS pays $2.44 per share annually on a quarterly schedule, with the next ex-dividend date on July 10, 2026. The last quarterly payment was $0.61 per share. With a beta of -0.047, GIS stock moves almost independently of the broader market, a characteristic that suits income-focused investors who prioritize payment predictability over price momentum.
General Mills, Inc. pays out a payout ratio classified as conservative (below 40%) of earnings as dividends. That low payout level means the dividend consumes a small fraction of earnings, leaving room to sustain payments even if profits soften across GIS's five operating segments, which span North American retail, foodservice, pet food, and international markets. General Mills, Inc. dividend safety faces its most visible pressure from the negative payout ratio of -1501.5%, which reflects a period of negative reported earnings rather than a dividend cut, and income investors should watch whether earnings return to positive territory to confirm the payout remains well-covered.
General Mills, Inc. dividend history shows a CAGR of 3.1% per year from 2010 to 2025. Per-share payments grew from $1.54 to $2.42 over that span (2026 data is partial and excluded from this calculation). The largest annual increase in the window was 13.4% in 2014, while growth slowed to near-flat in several years, including no increase between 2018 and 2019 when the dividend held at $1.96. That pattern tells income investors to expect modest, incremental raises rather than aggressive acceleration.
| Period | CAGR | From | To |
|---|---|---|---|
| 3-Year | +4.8% | $2.10 (2022) | $2.42 (2025) |
| 5-Year | +4.1% | $1.98 (2020) | $2.42 (2025) |
| 10-Year | +3.4% | $1.73 (2015) | $2.42 (2025) |
General Mills, Inc. is a high-yield income stock built around everyday consumer staples, from pet food under the Blue Buffalo brand to pantry staples like Pillsbury and Gold Medal flour. The current yield of 6.49% sits above the 5-year average of 5.96%, meaning GIS stock is currently priced to deliver more income than it has historically. The yield classification is high (above 4%), which is the defining characteristic here. Growth is slow at 3.1% annually, and that limits upside for investors seeking dividend acceleration. What an income-focused investor gets is a meaningful current payout from a business with broad product diversification; what they accept is a dividend that grows at roughly the pace of inflation.
| Payment Date | Amount per Share |
|---|---|
| 2026-07-10 | $0.6100 |
| 2026-04-10 | $0.6100 |
| 2026-01-09 | $0.6100 |
| 2025-10-10 | $0.6100 |
| 2025-07-10 | $0.6100 |
| 2025-04-10 | $0.6000 |
| 2025-01-10 | $0.6000 |
| 2024-10-10 | $0.6000 |
| 2024-07-10 | $0.6000 |
| 2024-04-09 | $0.5900 |
| Year | Total Dividends |
|---|---|
| 2026 | $1.8300 |
| 2025 | $2.4200 |
| 2024 | $2.3800 |
| 2023 | $2.2600 |
| 2022 | $2.1000 |
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