The General Mills Board of Directors today declared a quarterly dividend at the prevailing rate of $0.49 per share, payable November 1, 2019, to shareholders of record as of October 10, 2019. General Mills (GIS) and its predecessor company have paid dividends without interruption for 120 years.
In actions at the company's 91st annual meeting held today in Minneapolis, shareholders elected the 11 directors nominated, cast an advisory vote approving the company's compensation for its named executive officers, and ratified the appointment of KPMG LLP as the company's independent auditor for fiscal 2020. Alicia Boler Davis and Heidi Miller, who did not stand for reelection, were acknowledged for their Board service at the meeting.
About General Mills
General Mills is a leading global food company that serves the world by making food people love. Its brands include Cheerios, Annie's, Yoplait, Nature Valley, Häagen-Dazs, Betty Crocker, Pillsbury, Old El Paso, Wanchai Ferry, Yoki, BLUE and more. Headquartered in Minneapolis, Minnesota, USA, General Mills generated fiscal 2019 net sales of U.S. $16.9 billion. In addition, General Mills’ share of non-consolidated joint venture net sales totaled U.S. $1.0 billion.