General Mills this year on track for record sales

Huge dividend General Mills

Investors in General Mills can expect a huge dividend payment. Based on the recent analysts' consensus the stock now has one of the highest dividend returns of the American market. For this year the analysts expect a dividend of 2.3 USD per share. The dividend yield is then 3.48 percent. The average dividend yield of the food producers equals a good 3.08 percent.

Dividend returns General Mills

Tomorrow the American company General Mills will publish its past quarters results. Over the current book year the total revenue from the company in will be 20.62 billion USD (consensus estimates). The expected revenue would be the highest in her history. This is slightly more than 2022's revenue of 20.09 billion USD.

Historical revenues and results General Mills plus estimates 2023

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The analysts expect for 2023 a net profit of 2.63 billion USD. According to most of the analysts the company will have a profit per share for this book year of 4.47 USD. The price-earnings-ratio equals 14.79.

General Mills 's market capitalization is based on the number of outstanding shares around 39.59 billion USD.

On Thursday the stock closed at 66.1 USD.

Historical stock prices General Mills

equity research generalmills

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