MINNEAPOLIS, Dec. 13, 2016 /PRNewswire/ -- The General Mills Board of Directors today declared a quarterly dividend at the prevailing rate of $0.48 per share, payable February 1, 2017, to shareholders of record as of January 10, 2017. General Mills (NYSE: GIS) current annualized dividend rate of $1.92 per share represents an increase of 8 percent over the annual dividend of $1.78 paid in fiscal 2016.
General Mills is a leading global food company that serves the world by making food people love. Its brands include Cheerios, Annie's, Yoplait, Nature Valley, Fiber One, Häagen-Dazs, Betty Crocker, Pillsbury, Old El Paso, Wanchai Ferry, Yoki and more. Headquartered in Minneapolis, Minnesota, USA, General Mills generated fiscal 2016 consolidated net sales of US $16.6 billion, as well as another US $1.0 billion from its proportionate share of joint-venture net sales.
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SOURCE General Mills