General Mills (GIS) Declares $0.49 Quarterly Dividend, 3.7% Yield; Reports Election of Jo Ann Jenkins to Board

General Mills (NYSE: GIS) declared a quarterly dividend of $0.49 per share, or $1.96 annualized.

The dividend will be payable on May 1, 2020, to stockholders of record on April 10, 2020, with an ex-dividend date of April 8, 2020.

The annual yield on the dividend is 3.7 percent.

BOARD APPOINTMENT

General Mills also today announced the election of Jo Ann Jenkins to its board of directors effective January 27, 2020.

As Chief Executive Officer of AARP, Jenkins brings to the board a deep understanding of strategic management and innovative marketing from her experiences leading and transforming the nation’s largest nonprofit organization serving Americans aged 50 and older. With a strong background in public service, she will provide valuable insights on public policy, government affairs, and community relations.

The appointment of Jenkins reflects General Mills' thoughtful approach to board succession and refreshment. The company continues to prioritize directors with world-class qualifications and experiences, and who represent diverse backgrounds and perspectives. Jenkins’ board election makes her the fifth woman currently serving on the General Mills board.

Jenkins has served as Chief Executive Officer of AARP since 2014, and previously served as Chief Operating Officer of AARP and President of the AARP Foundation. Prior to joining AARP, Jenkins served at the Library of Congress as Chief Operating Officer and Chief of Staff. She has also held a variety of senior roles at the U.S. Department of Agriculture, the U.S. Department of Transportation, and the U.S. Department of Housing and Urban Development. Jenkins currently serves on the boards of AARP and Avnet, Inc.

For a dividend history and other dividend-related data on General Mills (GIS) click here.

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