General Mills, Inc. (NYSE:GIS) is included among the 12 Best Dividend Stocks with Yields Above 4%.
General Mills, Inc. (NYSE:GIS) is a global packaged foods leader with a portfolio of over 100 brands and operations in more than 100 countries. On June 30, 2025, the company finalized the sale of its North American yogurt division for $2.1 billion in cash, with plans to use the proceeds for share buybacks. The divested business accounted for about 8% of total sales last year, and this decision is expected to trim fiscal 2026 earnings per share by roughly 3%, as the segment had relatively low profit margins.
General Mills, Inc. (NYSE:GIS) is currently navigating a challenging environment. With the pandemic-driven boost in at-home food demand fading, the company faces tougher comparisons and rising cost inflation, which is expected to linger. It is also investing heavily in its pet segment to fuel future growth, though this is weighing on short-term profits. As a result, management has guided for flat organic sales and a 10%–15% decline in earnings per share for fiscal 2026.
Despite near-term pressures, General Mills, Inc. (NYSE:GIS)’s dividend remains a key strength. The company has paid regular dividends for 127 consecutive years and has never issued a dividend cut, underscoring its stability through economic cycles. The company’s quarterly dividend comes in at $0.61 per share and has a dividend yield of 4.95%, as of October 12.
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