Thursday Is Your Last Chance To Buy General Mills Before The Dividend Payout
Portfolio Pulse from Benzinga Insights
General Mills (NYSE:GIS) has announced a quarterly dividend of 59 cents per share, payable on August 01, 2023. The stock will go ex-dividend on Friday, meaning it will trade lower to reflect the payout. Shareholders must own the stock prior to the ex-dividend date to be eligible for the dividend.
July 04, 2023 | 2:45 pm
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
General Mills' announcement of a 59 cents per share dividend may lead to increased buying activity prior to the ex-dividend date, potentially boosting the stock price in the short term.
Dividend announcements often lead to increased buying activity as investors seek to qualify for the payout. This can boost the stock price in the short term. However, the stock will likely open lower on the ex-dividend date to reflect the payout.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100