General Mills Inc is an international manufacturer of branded consumer foods sold through retail stores. The company has a huge diversification of consumer food brands that is sold to more than 100 countries around the world. Here are some of their brands.
General Mills is also trending to more healthier ingredients and types of foods they produce. For example, they recently began selling one of my favorite cereal brands Cheerios without GM ingredients. That is great news because not many companies take a stance on health issues and General Mills is taking that stance.
- Dividend Yield: 3.1%
- Dividend Growth 5yr: 10.6%
- Payout Ratio: 53%
- P/E: 18.03
I purchased 21 shares for the price of $48.48 adding $31.92 to my annual income.
The 12-month dividend income increased to $2,181.