Current Yield
6.46%
TTM Dividend/Share
$2.44
Payment Frequency
Quarterly
Payout Ratio
-1501.5%
Consecutive Growth Years
7 (Dividend Challenger)
Key takeaways
- Dividend Challenger — General Mills (GIS) has raised its dividend for 7 consecutive years.
- General Mills (GIS) currently yields 6.46%, paying $2.44 per share over the trailing twelve months, distributed quarterly.
- Payout ratio is -1501.5% — the share of earnings distributed as dividends.
- 4 of 8 dividend safety checks passed.
- 5-year dividend CAGR of 4.10%.
Dividend health for General Mills (GIS)
Cash-flow, leverage and returns metrics that signal whether the dividend is well-covered and sustainable.
Chowder score | 10.6% |
FCF payout ratio | 20.2% |
Net debt / EBITDA | 43.5x |
Interest coverage | 1.69x |
ROIC (TTM) | -0.8% |
Dividend safety score for General Mills (GIS)
Checks covering payout coverage, free-cash-flow support, leverage and dividend-growth durability.
4 of 8 checks passed
Payout ratio below 75%
Payout ratio is -1501.5%, well below the 75% threshold.
Free cash flow covers dividend
TTM FCF after dividends is $311M — FCF fully covers the payout.
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 20.2%, below the 70% threshold.
Net Debt/EBITDA below 3x
Net Debt/EBITDA is 43.5x.
Dividend growth ≤ earnings growth (5Y)
Earnings are negative while dividends are still growing — unsustainable.
This analysis is for informational purposes only and is not financial advice. Safety scores and comparisons reflect historical data and do not predict future performance.
Per-payment dividend history
172 payments from 1983 to 2026 · Adj. Dividend is split-adjusted
| 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 |
- Apr 10, 2026$0.6100
- Jan 9, 2026$0.6100
- Oct 10, 2025$0.6100
- Jul 10, 2025$0.6100
- Apr 10, 2025$0.6000
- Jan 10, 2025$0.6000
- Oct 10, 2024$0.6000
- Jul 10, 2024$0.6000
- Apr 9, 2024$0.5900
- Jan 9, 2024$0.5900
- Oct 6, 2023$0.5900
- Jul 7, 2023$0.5900
Historical dividend yield for General Mills (GIS)
Dividend per share for General Mills (GIS)
CAGR (per year)1Y: 1.68%5Y: 4.10%10Y: 3.41%→ Stable
| Year | Total ($/share) | Payments |
|---|---|---|
| 1983 | $0.05 | 2 |
| 1984 | $0.11 | 4 |
| 1985 | $0.12 | 4 |
| 1986 | $0.12 | 4 |
| 1987 | $0.16 | 4 |
| 1988 | $0.18 | 4 |
| 1989 | $0.21 | 4 |
| 1990 | $0.25 | 4 |
| 1991 | $0.29 | 4 |
| 1992 | $0.33 | 4 |
| 1993 | $0.37 | 4 |
| 1994 | $0.39 | 4 |
| 1995 | $0.43 | 4 |
| 1996 | $0.49 | 4 |
| 1997 | $0.52 | 4 |
| 1998 | $0.53 | 4 |
| 1999 | $0.55 | 4 |
| 2000 | $0.55 | 4 |
| 2001 | $0.55 | 4 |
| 2002 | $0.55 | 4 |
| 2003 | $0.55 | 4 |
| 2004 | $0.58 | 4 |
| 2005 | $0.48 | 4 |
| 2006 | $0.69 | 4 |
| 2007 | $0.76 | 4 |
| 2008 | $0.82 | 4 |
| 2009 | $0.90 | 4 |
| 2010 | $1.05 | 4 |
| 2011 | $1.17 | 4 |
| 2012 | $1.27 | 4 |
| 2013 | $1.42 | 4 |
| 2014 | $1.61 | 4 |
| 2015 | $1.73 | 4 |
| 2016 | $1.86 | 4 |
| 2017 | $1.94 | 4 |
| 2018 | $1.96 | 4 |
| 2019 | $1.96 | 4 |
| 2020 | $1.98 | 4 |
| 2021 | $2.04 | 4 |
| 2022 | $2.10 | 4 |
| 2023 | $2.26 | 4 |
| 2024 | $2.38 | 4 |
| 2025 | $2.42 | 4 |
| 2026 | $1.22 | 2 |
Dividend growth for General Mills (GIS)
Year-over-year change in total annual dividend per share (split-adjusted, by ex-dividend year). Green is an increase, red a cut.
Dividend Increase Track Record
Year-over-year change in total annual DPS (dividends per share, split-adjusted), based on ex-dividend date.
| 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 | — |
- 2026—
- 2025$2.4200
- 2024$2.3800
- 2023$2.2600
- 2022$2.1000
- 2021$2.0400
- 2020$1.9800
- 2019$1.9600
- 2018$1.9600
- 2017$1.9400
- 2016$1.8600
- 2015$1.7300
- 2014$1.6100
- 2013$1.4200
- 2012$1.2700
- 2011$1.1700
- 2010$1.0500
- 2009$0.9000
- 2008$0.8250
- 2007$0.7600
- 2006$0.6900
- 2005$0.4800
- 2004$0.5850
- 2003$0.5500
- 2002$0.5500
- 2001$0.5500
- 2000$0.5500
- 1999$0.5500
- 1998$0.5300
- 1997$0.5225
- 1996$0.4925
- 1995$0.4292
- 1994$0.3885
- 1993$0.3678
- 1992$0.3265
- 1991$0.2851
- 1990$0.2459
- 1989$0.2108
- 1988$0.1798
- 1987$0.1574
- 1986$0.1219
- 1985$0.1157
- 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.
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