MINNEAPOLIS, Sept. 27, 2016 /PRNewswire/ -- The General
Mills Board of Directors today
declared a quarterly dividend at the prevailing rate of
$0.48 per share, payable November 1, 2016, to shareholders of record as of
October 10, 2016. General Mills
(NYSE: GIS) current annualized dividend rate of $1.92 per share represents an increase of 8
percent over the annual dividend of $1.78 paid in fiscal 2016.
In actions at the company's 88th annual meeting held
today in Minneapolis, shareholders
elected the 13 directors nominated, approved the compensation plan
for non-employee directors, cast an advisory vote approving the
company's compensation for its named executive officers, and
ratified the appointment of KPMG LLP as the company's independent
auditor for fiscal 2017.
General Mills is a leading global food company that serves the
world by making food people love. Its brands
include Cheerios, Annie's, Yoplait, Nature
Valley, Fiber One, Haagen-Dazs, Betty
Crocker, Pillsbury, Old El Paso, Wanchai Ferry, Yoki and more.
Headquartered in Minneapolis, Minnesota, USA, General Mills had fiscal 2016
worldwide sales of US $17.6 billion, including the company's
US $1.0 billion proportionate share of joint-venture net
sales.
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SOURCE General Mills