General Mills’ 127-Year Dividend Streak Still Generates Current-Year Taxable Income

Earnings
โดย Insider Monkey·Read original
Summary · why it matters

General Mills declared a quarterly dividend of $0.61 per share, payable August 3 to shareholders of record on July 10, continuing a 127-year uninterrupted dividend history. While the dividend may qualify for preferential tax treatment, the cash received still becomes taxable income in the current year, illustrating the tradeoff between high-yield stocks and those that return value through price appreciation or buybacks.

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Consumer Staples▲ · 1 stocks
General Mills Inc
GIS
± MixedCapitalrelevance

Dividend declared continues 127-year streak but is taxable income, with no material change in dividend policy or financial outlook.

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