GIS Stock Recent News

During times of turbulence and uncertainty in the markets, many investors turn to dividend-yielding stocks. These are often companies that have high free cash flows and reward shareholders with a high dividend payout.

Wall Street tends to cycle through stock themes even though some sectors tend to be filled with strong businesses. And even strong businesses go through hard times.

Worried about a market pullback?

If you are looking to build your wealth, one of the easiest ways is to buy reliable dividend stocks. One of the best places to find reliable dividend stocks is the consumer staples sector.

Remember one thing when you consider consumer staples makers: You "need" the products they sell. That's particularly true when it comes to food-focused consumer staples companies like General Mills (GIS 0.01%), PepsiCo (PEP 1.02%), and Hershey (HSY 1.55%).

I try to cut myself some slack as an investor, recognizing that I'm going to make mistakes.

MINNEAPOLIS--(BUSINESS WIRE)--This Halloween, spooky nostalgia meets innovative imagination as General Mills unveils a monstrously magical makeover for its iconic Monsters Cereal lineup. In a first-of-its-kind collaboration with the legendary Jim Henson Company — celebrating its 70th anniversary this year — Count Chocula, Boo Berry and Franken Berry are being reimagined as puppets to delight fans in an entirely new way. The frightful fun features the debut of a limited-edition fuzzy Franken Ber.

General Mills trades near 52-week lows with a 4.8% yield, offering compelling value for long-term, income-focused investors despite near-term headwinds. GIS is optimizing its portfolio, focusing on high-growth categories like pet food, snacks, and protein-rich innovation, supported by strong free cash flow. Recent divestitures and robust capital returns, including share buybacks, position GIS for future growth and improved balance sheet health.

General Mills offers a stable, high-yield dividend (4.78%) and a long track record of consistent payouts, appealing to income-focused investors. The company's revenue and net income have been relatively flat, with limited growth and a recent increase in long-term debt raising some concerns. Valuation is attractive with a low P/E ratio compared to sector peers, making GIS a reasonable entry point for value and income investors.

General Mills (GIS) reported earnings 30 days ago. What's next for the stock?