General Mills Raises Quarterly Dividend by 4.1%, to 51 Cents
September 23 2020 - 7:40AM
Dow Jones News
By Colin Kellaher
General Mills Inc. on Wednesday said its board raised the
quarterly dividend by 4.1%, to 51 cents, from 49 cents.
The new payout, equal to $2.04 a year, represents an annual
yield of about 3.52% based on Tuesday's closing price of $57.99, up
from about 3.38%.
The Minneapolis-based maker of Cheerios cereal and Yoplait
yogurt said the increased dividend is payable Nov. 2 to
shareholders of record Oct. 9.
Write to Colin Kellaher at colin.kellaher@wsj.com
(END) Dow Jones Newswires
September 23, 2020 07:25 ET (11:25 GMT)
Copyright (c) 2020 Dow Jones & Company, Inc.
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