General Mills Stock To Go Ex-dividend Tomorrow (GIS)
The ex-dividend date for General Mills (NYSE:GIS) is tomorrow, October 5, 2012. Owners of shares as of market close today will be eligible for a dividend of 33 cents per share. At a price of $40.30 as of 9:31 a.m., the dividend yield is 3.3%.
Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model. NEW YORK ( TheStreet) -- The ex-dividend date for General Mills (NYSE: GIS) is tomorrow, October 5, 2012. Owners of shares as of market close today will be eligible for a dividend of 33 cents per share. At a price of $40.30 as of 9:31 a.m. ET, the dividend yield is 3.3%. The average volume for General Mills has been 4.2 million shares per day over the past 30 days. General Mills has a market cap of $25.89 billion and is part of the consumer goods sector and food & beverage industry. Shares are down 0.6% year to date as of the close of trading on Wednesday. General Mills, Inc. manufactures and markets branded consumer foods worldwide. The company also supplies branded and unbranded food products to the foodservice and commercial baking industries. The company has a P/E ratio of 15.7, equal to the average food & beverage industry P/E ratio and below the S&P 500 P/E ratio of 17.7.
ACTIVE STOCK TRADERS: Get full access to Jim Cramer's thoughts for less than $3/week - sometimes before he says them on TV! Start with a 14-Day Free Trial.
TheStreet Ratings rates General Mills as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, expanding profit margins, good cash flow from operations, increase in net income and growth in earnings per share. We feel these strengths outweigh the fact that the company has had generally high debt management risk by most measures that we evaluated. You can view the full General Mills Ratings Report. See our dividend calendar or top-yielding stocks list. FREE from Real Money's Jim Cramer: Winners and Losers Election 2012 - Steps to take NOW so you can profit no matter who is in charge! Free download now.