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General Mills has paid a quarterly dividend for 115 years straight without a single reduction.

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General Mills: The Very Definition of ??Dividend Consistency?

General Mills has paid a quarterly dividend for 115 years straight without a single reduction.

General Mills: The Very Definition of ??Dividend Consistency? (Seeking Alpha)

For most American consumers, the name General Mills (GIS) is synonymous with breakfast — specifically, breakfast cereals such as Wheaties, Cheerios and Lucky Charms. Ironically, though, I??d wager only a handful of those same consumers know that GIS is also another name for ??dividend consistency.? That??s because the company has paid a quarterly dividend for 115 years straight without a single reduction. And for the most recent quarter, GIS raised its dividend by eight percent (to $0.38 per share), bringing the company??s current yield to a solid three percent. Looking ahead, emerging markets will provide an enormous opportunity for growth in 2014, as General Mills only derives 34% of its revenue from global sales today. Combine this potential with the company??s 115-year history of dividend payment, and you have a stock that bears watching this year.

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archive

General Mills: The Very Definition of “Dividend Consistency”

General Mills: The Very Definition of “Dividend Consistency” (Seeking Alpha)

For most American consumers, the name General Mills (GIS) is synonymous with breakfast — specifically, breakfast cereals such as Wheaties, Cheerios and Lucky Charms. Ironically, though, I’d wager only a handful of those same consumers know that GIS is also another name for “dividend consistency.” That’s because the company has paid a quarterly dividend for 115 years straight without a single reduction. And for the most recent quarter, GIS raised its dividend by eight percent (to $0.38 per share), bringing the company’s current yield to a solid three percent. Looking ahead, emerging markets will provide an enormous opportunity for growth in 2014, as General Mills only derives 34% of its revenue from global sales today. Combine this potential with the company’s 115-year history of dividend payment, and you have a stock that bears watching this year.

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Sign up to the Human Events newsletter

TRENDING NOW:

Twitter free speech activist Lindsay Shepherd Twitter free speech activist Lindsay Shepherd

Twitter Bans Free Speech Champion Lindsay Shepherd For “Abusing” Trans Activist

CULTURE

Everyone’s Gone Nuts. For Power and Profit.

CULTURE

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