|Bid||75.62 x 1200|
|Ask||75.92 x 1000|
|Day's Range||74.82 - 75.94|
|52 Week Range||56.67 - 75.96|
|Beta (5Y Monthly)||0.44|
|PE Ratio (TTM)||17.15|
|Earnings Date||Sept 20, 2022 - Sept 26, 2022|
|Forward Dividend & Yield||2.16 (2.85%)|
|Ex-Dividend Date||Jul 07, 2022|
|1y Target Est||73.28|
General Mills is an outstanding dividend stock that yields almost 3%, but there's more here than passive income if you're a long-term investor. General Mills is a conglomerate that sells various food products to people and pets. Its brands are well-known in grocery stores, including Betty Crocker, Blue Buffalo, and a wide range of favorite cereal brands like Cheerios, Chex, and more.
General Mills' (NYSE: GIS) stock rose to an all-time high on June 30 after the company posted its fourth-quarter earnings report. The packaged food giant's revenue rose 8% year over year to $4.89 billion, which beat analysts' estimates by $80 million, as its organic sales improved 13%. Its adjusted earnings increased 23% in constant currency terms to $1.12 per share, which also easily cleared the consensus forecast by 11 cents.