Sunday, December 4, 2016

General Mills Stock

At the time of this post, I do not own General Mills stock. I think this needs to change. 

  • General Mills stock ticker is GIS
  • GIS closed at $60.94 this past Friday
  • I briefly held GIS stock last year and received a $0.44 dividend
  • Current dividend payment is $0.48
  • If I buy the stock around $60.94, it'd be a 3.15% yield.
  • According to dividend.com, payout ratio is 62.1%
  • The next ex-dividend date will probably be around January 9th, 2017. 
  • GIS is headquartered in Minneapolis, Minnesota, the state I currently live in. 
  • GIS has been around for 150 years.



I went to an antique/thrift store yesterday. I saw this iron by General Mills. Knowing this company is well established, plus the reasons listed above, is the reason I'm looking into buying this stock.

Signed,

Mitch

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