General Mills (GIS) Dividend History & Yield
Dividend ChallengerGeneral Mills (GIS) has increased its dividend for 7 consecutive years and currently yields 7.26%. The most recent dividend was $0.6100/share on May 1, 2026, paid Quarterly.
Current Yield
7.26%
TTM Dividend/Share
$2.44
Payment Frequency
Quarterly
Payout Ratio
59.8%
Consecutive Growth Years
7 (Dividend Challenger)
Div Growth (1Y CAGR)
1.68%
Div Growth (5Y CAGR)
4.10%
Div Growth (10Y CAGR)
3.41%
GIS: compare the "Now" marker to the 1Y / 3Y / 5Y averages on the scale. One valuation signal among many — review fundamentals before investing.
Dividend health
Chowder score
11.4%
FCF payout ratio
19.9%
Net debt / EBITDA
4.3x
Interest coverage
6.66x
ROIC (TTM)
11.0%
Dividend Safety Score
4 out of 8 checks passed
Payout ratio below 75%
Payout ratio is 59.8%, well below the 75% threshold.
Free cash flow covers dividend
FCF/share ($4.14) covers dividend/share ($2.44).
No dividend cuts in 10+ years
No dividend cuts in the last 10 years.
Positive earnings growth trend
Earnings per share have declined over the past 5 years.
10+ years of consecutive growth
Only 7 consecutive year(s) of dividend growth.
FCF payout ratio below 70%
FCF payout ratio is 19.9%, below the 70% threshold.
Net Debt/EBITDA below 3x
Net Debt/EBITDA is 4.3x.
Dividend growth ≤ earnings growth (5Y)
Dividend growth (4.1%) exceeds EPS growth (-33.3%) — payout ratio expanding.
Per-payment dividend history
Ex-date Apr 10, 2026
- Payment date
- May 1, 2026
- Dividend
- $0.6100
- Adj. dividend
- $0.6100
Ex-date Jan 9, 2026
- Payment date
- Feb 2, 2026
- Dividend
- $0.6100
- Adj. dividend
- $0.6100
Ex-date Oct 10, 2025
- Payment date
- Nov 3, 2025
- Dividend
- $0.6100
- Adj. dividend
- $0.6100
Ex-date Jul 10, 2025
- Payment date
- Aug 1, 2025
- Dividend
- $0.6100
- Adj. dividend
- $0.6100
Ex-date Apr 10, 2025
- Payment date
- May 1, 2025
- Dividend
- $0.6000
- Adj. dividend
- $0.6000
Ex-date Jan 10, 2025
- Payment date
- Feb 3, 2025
- Dividend
- $0.6000
- Adj. dividend
- $0.6000
Ex-date Oct 10, 2024
- Payment date
- Nov 1, 2024
- Dividend
- $0.6000
- Adj. dividend
- $0.6000
Ex-date Jul 10, 2024
- Payment date
- Aug 1, 2024
- Dividend
- $0.6000
- Adj. dividend
- $0.6000
Ex-date Apr 9, 2024
- Payment date
- May 1, 2024
- Dividend
- $0.5900
- Adj. dividend
- $0.5900
Ex-date Jan 9, 2024
- Payment date
- Feb 1, 2024
- Dividend
- $0.5900
- Adj. dividend
- $0.5900
Ex-date Oct 6, 2023
- Payment date
- Nov 1, 2023
- Dividend
- $0.5900
- Adj. dividend
- $0.5900
Ex-date Jul 7, 2023
- Payment date
- Aug 1, 2023
- Dividend
- $0.5900
- Adj. dividend
- $0.5900
| Ex-Date | Payment Date | Dividend | Adj. Dividend |
|---|---|---|---|
| Apr 10, 2026 | May 1, 2026 | $0.6100 | $0.6100 |
| Jan 9, 2026 | Feb 2, 2026 | $0.6100 | $0.6100 |
| Oct 10, 2025 | Nov 3, 2025 | $0.6100 | $0.6100 |
| Jul 10, 2025 | Aug 1, 2025 | $0.6100 | $0.6100 |
| Apr 10, 2025 | May 1, 2025 | $0.6000 | $0.6000 |
| Jan 10, 2025 | Feb 3, 2025 | $0.6000 | $0.6000 |
| Oct 10, 2024 | Nov 1, 2024 | $0.6000 | $0.6000 |
| Jul 10, 2024 | Aug 1, 2024 | $0.6000 | $0.6000 |
| Apr 9, 2024 | May 1, 2024 | $0.5900 | $0.5900 |
| Jan 9, 2024 | Feb 1, 2024 | $0.5900 | $0.5900 |
| Oct 6, 2023 | Nov 1, 2023 | $0.5900 | $0.5900 |
| Jul 7, 2023 | Aug 1, 2023 | $0.5900 | $0.5900 |
Historical Dividend Yield
Dividend Growth
Dividend Increase Track Record
General Mills has raised its total annual dividend (split-adjusted, by ex-dividend calendar year) versus the prior year for 7 consecutive years — the same figure as the "Consecutive Growth Years" card above.
| Year | Previous DPS | New DPS | Change |
|---|---|---|---|
| 2026 | $2.4200 | — | — |
| 2025 | $2.3800 | $2.4200 | +1.7% |
| 2024 | $2.2600 | $2.3800 | +5.3% |
| 2023 | $2.1000 | $2.2600 | +7.6% |
| 2022 | $2.0400 | $2.1000 | +2.9% |
| 2021 | $1.9800 | $2.0400 | +3.0% |
| 2020 | $1.9600 | $1.9800 | +1.0% |
| 2019 | $1.9600 | $1.9600 | 0.0% |
| 2018 | $1.9400 | $1.9600 | +1.0% |
| 2017 | $1.8600 | $1.9400 | +4.3% |
| 2016 | $1.7300 | $1.8600 | +7.5% |
| 2015 | $1.6100 | $1.7300 | +7.5% |
| 2014 | $1.4200 | $1.6100 | +13.4% |
| 2013 | $1.2700 | $1.4200 | +11.8% |
| 2012 | $1.1700 | $1.2700 | +8.5% |
| 2011 | $1.0500 | $1.1700 | +11.4% |
| 2010 | $0.9000 | $1.0500 | +16.7% |
| 2009 | $0.8250 | $0.9000 | +9.1% |
| 2008 | $0.7600 | $0.8250 | +8.6% |
| 2007 | $0.6900 | $0.7600 | +10.1% |
| 2006 | $0.4800 | $0.6900 | +43.7% |
| 2005 | $0.5850 | $0.4800 | -17.9% |
| 2004 | $0.5500 | $0.5850 | +6.4% |
| 2003 | $0.5500 | $0.5500 | 0.0% |
| 2002 | $0.5500 | $0.5500 | 0.0% |
| 2001 | $0.5500 | $0.5500 | 0.0% |
| 2000 | $0.5500 | $0.5500 | 0.0% |
| 1999 | $0.5300 | $0.5500 | +3.8% |
| 1998 | $0.5225 | $0.5300 | +1.4% |
| 1997 | $0.4925 | $0.5225 | +6.1% |
| 1996 | $0.4292 | $0.4925 | +14.7% |
| 1995 | $0.3885 | $0.4292 | +10.5% |
| 1994 | $0.3678 | $0.3885 | +5.6% |
| 1993 | $0.3265 | $0.3678 | +12.7% |
| 1992 | $0.2851 | $0.3265 | +14.5% |
| 1991 | $0.2459 | $0.2851 | +16.0% |
| 1990 | $0.2108 | $0.2459 | +16.7% |
| 1989 | $0.1798 | $0.2108 | +17.2% |
| 1988 | $0.1574 | $0.1798 | +14.2% |
| 1987 | $0.1219 | $0.1574 | +29.1% |
| 1986 | $0.1157 | $0.1219 | +5.4% |
| 1985 | $0.1105 | $0.1157 | +4.7% |
| 1984 | — | $0.1105 | — |
DPS sums split-adjusted amounts (adj. dividend) by ex-dividend calendar year—the same basis as the Adj. Dividend column in Dividend Payment History. The Dividend column can differ after stock splits. This table uses four decimals per annual total so the Change column matches the shown amounts; each payment row in Dividend Payment History also uses four.
Cash dividends paid (USD) — TTM and history
Trailing-twelve-month and annual common dividends paid for General Mills (GIS) from the consolidated cash flow statement, in USD as filed.
Latest period
$1.32B
YoY change
-1.8%
5Y CAGR
+2.3%
Peak year (2024)
$1.36B
Latest annual
$1.34B
Cash dividends paid over time for General Mills (GIS)
Per-period cash dividends paid
Cash dividends paid annual + quarterly history for General Mills (GIS)
| Fiscal year | Period ended | Reported | Dividends Paid | YoY | YoY change |
|---|---|---|---|---|---|
| 2025 | $1.34B | -1.8% | -$24.70M | ||
| 2024 | $1.36B | +5.9% | +$75.50M | ||
| 2023 | $1.29B | +3.5% | +$43.40M | ||
| 2022 | $1.24B | -0.2% | -$1.90M | ||
| 2021 | $1.25B | +4.2% | +$50.60M | ||
| 2020 | $1.20B | +1.2% | +$14.10M | ||
| 2019 | $1.18B | +3.7% | +$42.00M | ||
| 2018 | $1.14B | +0.4% | +$4.60M | ||
| 2017 | $1.14B | +5.9% | +$63.40M | ||
| 2016 | $1.07B | +5.3% | +$54.00M | ||
| 2015 | $1.02B | +3.5% | +$34.40M | ||
| 2014 | $983.30M | +13.3% | +$115.70M | ||
| 2013 | $867.60M | +8.4% | +$67.50M | ||
| 2012 | $800.10M | +9.7% | +$70.70M | ||
| 2011 | $729.40M | +13.3% | +$85.70M | ||
| 2010 | $643.70M | +11.1% | +$64.20M | ||
| 2009 | $579.50M | +9.4% | +$49.80M | ||
| 2008 | $529.70M | +4.8% | +$24.50M | ||
| 2007 | $505.20M | +4.2% | +$20.30M | ||
| 2006 | $484.90M | +5.2% | +$23.90M | ||
| 2005 | $461.00M | +11.6% | +$48.00M | ||
| 2004 | $413.00M | +1.7% | +$7.00M | ||
| 2003 | $406.00M | +13.4% | +$48.00M | ||
| 2002 | $358.00M | +14.7% | +$46.00M | ||
| 2001 | $312.00M | -5.2% | -$17.00M | ||
| 2000 | $329.00M | -0.7% | -$2.40M | ||
| 1999 | $331.40M | -1.5% | -$4.90M | ||
| 1998 | $336.30M | +4.9% | +$15.60M | ||
| 1997 | $320.70M | +5.6% | +$17.10M | ||
| 1996 | $303.60M | +2.2% | +$6.40M | ||
| 1995 | $297.20M | -0.7% | -$2.20M | ||
| 1994 | $299.40M | +9.0% | +$24.60M | ||
| 1993 | $274.80M | +12.1% | +$29.60M | ||
| 1992 | $245.20M | +16.4% | +$34.60M | ||
| 1991 | $210.60M | +16.5% | +$29.80M | ||
| 1990 | $180.80M | +17.1% | +$26.40M | ||
| 1989 | $154.40M | — | +$154.40M | ||
| 1988 | $0 | — | $0 | ||
| 1987 | $0 | — | $0 | ||
| 1986 | $0 | — | $0 | ||
| 1985 | $0 | — | $0 | ||
| 1984 | $0 | — | — |
The 2025 reading of General Mills (GIS) dividends paid is $1.34B – edged down 1.8% year-over-year.
Over 2020–2025 (5 years), General Mills dividends paid expanded at a +2.3% compound annual rate, with the latest reading among the more recent periods of the dataset.
Between 2024 and 2025, General Mills dividends paid edged down 1.8%, falling from $1.36B to $1.34B.
$1.36B stands as the all-time-high annual dividends paid, posted in 2024, against a low of $0 during 1984.
General Mills (GIS) sits 8th of 8 Consumer Defensive peers we track on this metric, against a peer median of $7.57B.
General Mills Dividends Paid 2025: $1.34B
General Mills dividends paid in 2025 was $1.34B, edged down 1.8% below 2024.
General Mills Dividends Paid 2024: $1.36B
General Mills dividends paid in 2024 was $1.36B, grew 5.9% from 2023. This figure represents the highest annual value in the available history.
General Mills Dividends Paid 2023: $1.29B
General Mills dividends paid in 2023 was $1.29B, edged up 3.5% from 2022.
General Mills Dividends Paid 2022: $1.24B
General Mills dividends paid in 2022 was $1.24B, edged down 0.2% below 2021.
General Mills Dividends Paid 2021: $1.25B
General Mills dividends paid in 2021 was $1.25B.
See more financial history for General Mills (GIS).
Sector peers by dividends paid
Companies in the same sector as General Mills, ranked by their latest dividends paid.
| Company | Dividends Paid | Sector |
|---|---|---|
| Procter & Gamble (PG) | $9.87B | Consumer Defensive |
| Coca-Cola (KO) | $8.78B | Consumer Defensive |
| Philip Morris International (PM) | $8.62B | Consumer Defensive |
| PepsiCo (PEP) | $7.64B | Consumer Defensive |
| Walmart (WMT) | $7.51B | Consumer Defensive |
| Altria Group (MO) | $6.96B | Consumer Defensive |
| Costco (COST) | $2.18B | Consumer Defensive |
| Monster Beverage (MNST) | $0 | Consumer Defensive |
Frequently asked questions
Does General Mills pay dividends?
Yes, General Mills (GIS) pays quarterly dividends of approximately $2.44 per share annually, yielding 7.26%.
What is General Mills's dividend yield?
General Mills (GIS) has a current dividend yield of 7.26%.
Is General Mills's dividend safe?
General Mills (GIS) passes 4 out of 8 dividend safety checks. See the detailed breakdown above for each criterion.
How many consecutive years has General Mills increased its dividend?
General Mills (GIS) has 7 consecutive years of dividend increases.
What is General Mills's dividend payout ratio?
General Mills (GIS) has a dividend payout ratio of 59.8%. Trailing twelve months (GAAP): adjusted dividends over roughly 12 months aligned with the latest reported quarter, divided by the sum of diluted EPS from the last four fiscal quarters (not NII or taxable income for BDCs/REITs).
What is General Mills's dividends paid?
Latest reported dividends paid for General Mills (GIS) is $1.32B (period ending February 22, 2026).
How has General Mills dividends paid changed year-over-year?
General Mills (GIS) dividends paid changed -1.8% year-over-year on the latest annual filing.
What is the long-term growth rate of General Mills dividends paid?
General Mills (GIS) dividends paid compound annual growth rate is +2.3% over the most recent 5 years available.
When did General Mills dividends paid hit its highest annual value?
General Mills dividends paid reached its highest annual value of $1.36B in 2024.
What was General Mills dividends paid in 2024?
General Mills (GIS) dividends paid in 2024 was $1.36B.
What was General Mills dividends paid in 2025?
General Mills (GIS) dividends paid in 2025 was $1.34B.
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