General Mills, Inc. (NYSE:GIS) Updates On Quarterly Dividend


As per General Mills, Inc. (NYSE:GIS) statement on 2016-06-29, the shareholders would receive dividend for the gone quarter. The company confirmed that it will disburse $0.48 per share as dividend to stakeholders. The record date is set as 2016-07-11, the payout date as 2016-08-01 and the ex-dividend date is 2016-07-07.

Last fiscal General Mills, Inc. (NYSE:GIS) disbursed cash dividend of $0.48. A year ago, the payout was $0.48, which indicates a difference of 6.5868%. The past track record of five years substantiates that the average payout as given by the firm stands at $0.48, implying 9.7085% growth.

For the period ended on 2016-05-31, General Mills, Inc. (NYSE:GIS)’s earnings came at $0.66 per share compared to EPS of $0.79 a year ago. This quarter the firm can post earnings for quarter ending 2016-08-31 on or around 2016-09-21. For this quarter, the analysts have earnings estimate of $0.77 per share.

The interim price target for General Mills, Inc. (NYSE:GIS) is set at $68.888. This level is the mean price reached by averaging the stock views of 9 analysts. All these are top brokerages of Wall Street and trail the company’s performance regularly. The best price estimate for General Mills, Inc. (NYSE:GIS) is seen at $75 and the lowest level is established at $65. This broad range highlights a standard deviation of $3.855 in reported estimates.

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