Dividend Increase – General Mills, Inc.

Today the Board of Directors of General Mills announced a quarterly dividend increase of from $ 0.48 to $ 0.49 per share that’s payable August 1, 2017 to holders of record July 10 , 2017. This represents a 2.08% increase to regular quarterly dividends. With current price $ 55.52 (yesterdays close), this raise brings their dividend yield to 3.53%.

Since I own 40 shares of GIS, this will increase my portfolio's projected annual net dividend income by $ 1.19.

That increase rises my YOC to 3.31%.

Click here to see my portfolio holdings.

You can follow the development of my dividends here.

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