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General Mills Raises Dividend 9.30 Percent

General Mills (GIS), a food company with well-known brands including Cheerios, Wheaties, Betty Crocker, Pillsbury, Columbo and Progresso, has paid uninterrupted dividends without reduction for 110 consecutive years.

On June 30, 2009, GIS raised its quarterly dividend from $0.43 per share to $0.47 per share, a 9.30 percent increase. The new dividend is payable August 3, 2009 to shareholders of record as of July 10, 2009.

GIS is a candidate for an income or long-term dividend reinvestment program.

From April 1990 to April 2009, GIS has increased its quarterly dividend from $0.1375 to $0.43, a 212.73 percent increase (6.18 percent annualized rate of return).

To get more performance information about GIS, use the buyupside.com Stock Return Calculator. Enter GIS as the stock symbol on the calculator input form.

See the buyupside.com Dividend Chart Maker to view dividends charts for GIS and other dividend-paying stocks.

I (RAH) do not own GIS.


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Posted July 1, 2009.

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