How To Earn $500 A Month From General Mills Stock Ahead Of Q3 Earnings
Portfolio Pulse from Avi Kapoor
General Mills, Inc. (NYSE:GIS) is anticipated to release its Q3 earnings on March 20, 2024, with expected earnings of $1.05 per share and projected revenue of $4.96 billion. The company recently announced the retirement of Shawn O'Grady, Group President, North America Foodservice. General Mills offers a dividend yield of 3.48%, equating to a quarterly dividend of 59 cents a share. To earn a monthly dividend income of $500, an investor would need to own approximately 2,542 shares, valued around $172,195. The article also explains how dividend yield can fluctuate with stock price and dividend payment changes. GIS shares rose 1.5% to close at $67.74 recently.
March 19, 2024 | 12:03 pm
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POSITIVE IMPACT
General Mills is expected to report increased earnings in Q3, offers a 3.48% dividend yield, and recently announced a significant retirement. Shares increased by 1.5% recently.
The anticipation of positive Q3 earnings and the high dividend yield position General Mills as an attractive investment. The recent share price increase reflects positive market sentiment. However, the retirement of a key executive could introduce uncertainty, slightly moderating the confidence score.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100