How To Earn $500 A Month From General Mills Stock Ahead of Quarterly Earnings Report
Portfolio Pulse from Avi Kapoor
General Mills, Inc. (NYSE:GIS) is anticipated to release its fiscal 2024 Q2 earnings on Dec. 20, 2023, with expected earnings of $1.16 per share and revenue of $5.35 billion. The company has a dividend yield of 3.56%, paying a quarterly dividend of 59 cents per share. To earn $500 monthly from dividends, an investment of approximately $168,636 is needed. GIS shares recently rose 1.7% to close at $66.34.
December 19, 2023 | 1:32 pm
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POSITIVE IMPACT
General Mills is expected to report Q2 earnings with an increase from the previous year and offers a stable dividend yield. The stock price has recently increased by 1.7%.
The anticipation of positive earnings and the stable dividend yield are likely to maintain investor interest in GIS. The recent stock price increase suggests a positive market sentiment which could continue in the short term, especially if the earnings report meets or exceeds expectations.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100