Why General Mills (GIS) Stands Out Among Dividend Stocks to Buy Under $100

General Mills, Inc. (NYSE:GIS) is included among the 13 Best High Dividend Stocks to Buy Under $100.

General Mills, Inc. (NYSE:GIS) is a major name in the consumer staples space, specializing in packaged food products. While it may not be one of the world’s largest players, with a market capitalization of nearly $27 billion, it remains a significant force in the industry. Thanks to its scale, the company can compete effectively in areas like distribution, R&D, and marketing. It also has the capacity to act as an industry consolidator, acquiring smaller rivals to keep its portfolio aligned with changing consumer preferences.

One of General Mills, Inc. (NYSE:GIS)’s most notable purchases was Blue Buffalo, the leading natural pet food brand at the time of acquisition. Since then, the company has expanded further in this category through smaller add-on deals, strengthening the pet-food business it built around Blue Buffalo.

On June 25, General Mills, Inc. (NYSE:GIS) declared a 1.7% hike in its quarterly dividend to $0.61 per share. This was the company’s fifth consecutive year of dividend growth. However, it has been paying regular dividends to shareholders for the past 127 years. The stock has a dividend yield of 4.89%, as of September 18.

While we acknowledge the potential of GIS as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

READ NEXT: 13 Best Consistent Dividend Stocks to Buy Now and Dividend Stock Portfolio For Income: 12 Stocks to Buy Now

Disclosure: None.