SmarterDividends
GIS

General Mills, Inc.

GIS20 yrs growth

Consumer Defensive · Stock · quarterly payer

Forward Yield

7.58%

Annual Dividend

$2.44

Payout Ratio

59%

5-Yr Growth

4.3%

Ex-Date

Apr 10, 2026

Frequency

Quarterly

GIS Dividend Safety Score

78/ 100
Grade B

Safe

Dividend-growth streak20 consecutive years of growth
Cut historyCut its dividend in 2005
Earnings payout coverage59% of earnings paid out
Free-cash-flow coverage58% of free cash flow
Balance-sheet strengthDebt/equity of 2.18
Yield vs its historyYield is 2.2× its 5-yr average — elevated

SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.

Dividend Growth

Total dividends per share by year

Is GIS a good dividend stock?

Yes

General Mills, Inc. (GIS) pays a quarterly dividend yielding 7.58% ($2.44/yr), with 20 years of growth and a dividend-safety grade of B. It scores well across payout coverage, growth history and safety — a dependable income holding.

Advantages

  • 20 consecutive years of dividend growth
  • Comfortable payout ratio (59%)

Risks

  • Cut its dividend in 2005
  • Share price is down over the past 5 years

Key Data

Dividend Yield
7.58%
Payout Ratio
59%
Annual Dividend
$2.44
5-Yr Avg Growth
4.3%
Ex-Dividend Date
Apr 10, 2026
Years of Growth
20
Frequency
quarterly
Beta
-0.04
Market Cap
$17.2B
P/E Ratio
7.9
5-Yr Total Return
-46%
52-Week Range
$31.85 – $55.19
Dividend Safety
B · 78/100
Ever Cut?
Yes (2005)
GIS ex-dividend date & scheduleNext ex-date Apr 10, 2026 · full ex-dividend historyView →

Frequently Asked Questions

Income Calculator

At $2.44 / yr per share

Per payment (quarterly)$61.00
Annual$244.00
Monthly avg$20.33