General Mills Board Approves Dividend Increase

Business Wire

Posted: 2008-06-23 16:25:00

The General Mills Board of Directors today approved a quarterly dividend increase to 43 cents per share, payable August 1, 2008, to shareholders of record July 10, 2008. The new annualized rate of $1.72 per share represents a 10 percent increase over dividends of $1.57 per share paid in fiscal 2008. General Mills and its predecessor companies have paid uninterrupted dividends without reduction for 109 years.