General Mills’ annual dividend has risen by 10% the company revealed today (23 June) after it increased its fourth-quarter payout to $0.43.
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The new annualised rate is $1.72 per share, up from $1.52 last year.
Last week, General Mills predicted that its full-year results will exceed targeted levels thanks to a strong fourth-quarter performance.
The company will deliver its full-year earnings this Wednesday.
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