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General Mills

  • PE Ratio: 18
  • Dividend Yield: 3.1%
  • Payout Ratio: 47%

General Mills GISHere’s yet another stock with brand names coming out of the shelves: General Mills (GIS). Wheaties and  Lucky Charms cereals, Betty Crocker cakes, Gold Medal flower and Progresso soups are among the many offerings you’ll find all over the grocery store.

What all that product diversification means is a buffer against cost and pricing pressures in any one segment, and while perhaps not owning as wide a “moat” as one might find in other consumer sectors, GIS still pumps out a steady beat of earnings increases, including the last three in a row.

GIS sits on a nice  stockpile of $775 million in cash, and for fiscal 2013 ending in May, it cranked out nearly $3 billion in operating cash flow leaving a very nice cushion to increase the current 38 cents per share dividend.

Marc Bastow is an Assistant Editor at As of this writing does not hold a position in any of the aforementioned securities.

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