General Mills: The Very Definition of “Dividend Consistency” (Seeking Alpha)
For most American consumers, the name General Mills (GIS) is synonymous with breakfast — specifically, breakfast cereals such as Wheaties, Cheerios and Lucky Charms. Ironically, though, I’d wager only a handful of those same consumers know that GIS is also another name for “dividend consistency.” That’s because the company has paid a quarterly dividend for 115 years straight without a single reduction. And for the most recent quarter, GIS raised its dividend by eight percent (to $0.38 per share), bringing the company’s current yield to a solid three percent. Looking ahead, emerging markets will provide an enormous opportunity for growth in 2014, as General Mills only derives 34% of its revenue from global sales today. Combine this potential with the company’s 115-year history of dividend payment, and you have a stock that bears watching this year.
When looking to invest in the S&P 500, SPX and SPY options are similar assets…
An index option is a contract that gives the buyer the right, but not the…
“There’s more wisdom in your book than four years of college education!” -- Subscriber Back…
There is a famous saying that has been floating around the internet regarding the “Five…
Today is May 1, a day that’s also known as “May Day” in many countries…
Ten reasons to day-trade with mentors in a virtual room highlight why now is a…