General Mills Declares Dividend of $.28

The General Mills Board of Directors today declared a quarterly dividend at the prevailing rate of $.28 per share, payable Feb. 1, 2011, to shareholders of record Jan. 10, 2011. The current annualized dividend rate of $1.12 per share is a 17 percent increase over dividends of $.96 per share paid in fiscal 2010. General Mills GIS and its predecessor firm have now paid dividends without reduction or interruption for 112 years.