GGeneral Mills is a global food company that manufactures and sells a wide range of packaged foods. Its products include cereals (like Cheerios), baking and ready-to-eat mixes (Betty Crocker, Pillsbury), ice cream (Haagen-Dazs), and pet foods (Blue Buffalo). The company distributes these products through grocery stores and online retailers and supports its brands with targeted advertising. Its food lines reach households, families, and pet owners alike. General Mills differentiates itself through a broad, well-known portfolio, a commitment to quality and sustainability, responsible sourcing, and community involvement, which helps build customer trust. Its goal is to provide tasty, nutritious foods while making a positive impact on people, communities, and the environment.
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N/A
Company Stage
IPO
Headquarters
Minneapolis, Minnesota
Founded
1928
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$1.9B
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General Mills is the better dividend stock than J.M. Smucker, according to an analysis by TIKR. General Mills yields 7.7%, about twice Smucker's 3.9%, though its chief financial officer says the dividend won't rise in the near term while the company pays down debt. General Mills paid out 85% of its free cash flow as dividends over the twelve months to August 30, 2026. Smucker paid 29% over the twelve months to July 31, 2026. Analysts expect 76% and 40% for fiscal 2027, on free cash flow of $1.75 billion and $1.18 billion. Smucker has raised its dividend for 25 consecutive fiscal years and is back at its 3x net debt to EBITDA target. General Mills expects to need at least a couple of years to reach that level. On $10,000 invested, General Mills pays $770 a year against Smucker's $390. The main risk is profit: General Mills expects fiscal 2027 adjusted operating profit to fall 8% to 13% in constant currency.
General Mills would pay more dividend income than Hershey over the next 10 years, even if it never raises its payout. A $10,000 investment in General Mills yields 7.7%, or $770 a year, against 3.7% at Hershey. At each company's five-year dividend growth rate, $10,000 in General Mills pays about $9,181 over 10 years, against about $6,403 for Hershey. Hershey raised its dividend 11.7% a year from fiscal 2020 to fiscal 2025; General Mills raised its by 3.9% a year from fiscal 2021 to fiscal 2026. General Mills' chief financial officer said on September 23 that the company expects to hold its dividend flat in the near term while it pays down debt. Net debt is 3.7x EBITDA, above its 3x target, and it paid out 85% of free cash flow as dividends over the latest twelve months. Hershey's payout is 50%, with net debt at 1.8x EBITDA.
Verizon looks the better high-yield dividend stock than General Mills, despite a lower yield, according to a TIKR analysis. Verizon yields 6.8% against 7.7% at General Mills, but its dividend is still growing. Verizon's dividend took 54% of its $21.53 billion free cash flow over the twelve months to June 30, 2026. Management guides for free cash flow growth of 9% to 10% this year. The stock fell 8.7% on October 9 after SpaceX agreed to buy low-band spectrum for its Starlink phone service. General Mills' dividend took 85% of free cash flow. It plans to hold the payout flat while it cuts debt, and guides for fiscal 2027 adjusted earnings per share of $3.00 to $3.20, down from $4.52 in fiscal 2024. A $10,000 investment pays $770 a year from General Mills and $680 from Verizon.
CBS bringing 'Pillsbury Bake-Off Classic' to primetime with Drew Barrymore as host. EXCLUSIVE: CBS is bringing the Pillsbury Bake-Off Classic back to television with the help of Drew Barrymore. Barrymore will host this year's competition, which will air live on CBS and Paramount+ on November 23, marking the first time the program has been televised on a broadcast network since 2014, Deadline has confirmed. Set to air at 8 p.m. ET/PT, not only is the American tradition back on the airwaves, it is getting a spot in primetime. The news was also revealed by Barrymore at the top of her titular talk show on Thursday morning. Watch the announcement above. The special is being produced by is produced by Studio Large Eyes, Pantheon Media Group and Juma Entertainment in association with General Mills. The Pillsbury Bake-Off Classic has been around since 1949, originally called the "Grand National Recipe and Baking Contest." Over the years, it's brought together talented contestants from across the country for five rounds of baking challenges that put their technical skills and imagination to the test. The group of home bakers will be challenged to put their signature twist on everything from cookies to Thanksgiving pies. For more than five decades, CBS aired the special on daytime television before it transitioned periodically across cable and digital platforms. It has not had a consistent home since CBS had it from 1949 to 2002. Barrymore also joins a long list of television personalities to lend their hosting chops to the competition. Past hosts have included Bob Barker, Alex Trebek, Phylicia Rashad, Martha Stewart and Oprah Winfrey. This year, Christina Tosi and Dook Chase will serve as the celebrity chef judges to evaluate the competitors' creations. The top baker from each round will earn a coveted spot in the ultimate "Best in Bake" finale, where finalists will be tasked with crafting edible wreaths. Whoever is crowned the champ will take home a $25,000 cash prize and a Kitchen Aid equipment package. "Bringing the Pillsbury Bake-Off back to primetime television after more than 20 years is an exciting way to celebrate the creativity and joy home bakers have shared with us for generations," Maria Carolina Comings, vice president and business unit director for Pillsbury at General Mills, said in a statement to Deadline. "We're thrilled to kick off the holiday baking season on such a large stage and inspire both longtime fans and a new generation of viewers." Executive producers for this year's Pillsbury Bake-Off Classic include Scott Weintrob for Studio Large Eyes, Jennifer O'Connell, Ariel Brozell, Eden Sutley and Martha Chaput for Pantheon, Robert Horowitz for Juma Entertainment and Brielle Cohen is showrunner. Lisa Balzo, Kenzie Caron and Eleanor Harkness serve as executive producers for General Mills.
With the Buffett indicator near 237%, a Simply Wall St screen points to three large companies it considers high-quality value stocks: Cisco Systems, General Mills, and Coca-Cola. Cisco generates about $63.3 billion from networking products and has a market value of roughly $454.7 billion. Its AI infrastructure orders outlook for fiscal 2026 has risen to about $9 billion, driven by demand from cloud providers. General Mills has a market value near $17.5 billion, with $10.4 billion of sales from North America Retail. It plans $750 million of cost savings in fiscal 2027 as part of a $3 billion programme through fiscal 2030. Coca-Cola generates about $50.1 billion from nonalcoholic drinks and is valued near $386.3 billion. Its zero-sugar variants grew by double digits. The screen found 28 more companies with similar traits.
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Industries
Company Size
N/A
Company Stage
IPO
Headquarters
Minneapolis, Minnesota
Founded
1928
Find jobs on Simplify and start your career today