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General Mills (FRA:GRM) 5-Year Yield-on-Cost % : 3.66 (As of May. 03, 2024)


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What is General Mills 5-Year Yield-on-Cost %?

General Mills's yield on cost for the quarter that ended in Feb. 2024 was 3.66.


The historical rank and industry rank for General Mills's 5-Year Yield-on-Cost % or its related term are showing as below:

FRA:GRM' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 2.57   Med: 3.42   Max: 5.73
Current: 3.66


During the past 13 years, General Mills's highest Yield on Cost was 5.73. The lowest was 2.57. And the median was 3.42.


FRA:GRM's 5-Year Yield-on-Cost % is ranked better than
63.64% of 1100 companies
in the Consumer Packaged Goods industry
Industry Median: 2.8 vs FRA:GRM: 3.66

Competitive Comparison of General Mills's 5-Year Yield-on-Cost %

For the Packaged Foods subindustry, General Mills's 5-Year Yield-on-Cost %, along with its competitors' market caps and 5-Year Yield-on-Cost % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


General Mills's 5-Year Yield-on-Cost % Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, General Mills's 5-Year Yield-on-Cost % distribution charts can be found below:

* The bar in red indicates where General Mills's 5-Year Yield-on-Cost % falls into.



General Mills 5-Year Yield-on-Cost % Calculation

Dividend Yield % and dividend growth of a stock is an important factor for income investors. But if company A raises its dividend constantly faster than company B, company A's future dividend yield might be much higher than Company B's even if their yields are the same now and their stock prices do not change.

Yield on Cost assumes that you buy and the stock today, and hold it for 5 years. If the company raises it dividends at the same rate as it did over the past 5 years, the dividends investors receive annually in 5 years relative to the stock price today.

Therefore, Yield-on-Cost of General Mills is calculated as

Yield-on-Cost=Dividend Yield %*(1+Dividend Growth Rate)^5

General Mills  (FRA:GRM) 5-Year Yield-on-Cost % Explanation

Of course the risk here is that the company may not raise its dividends as it did before. The key is to select the companies that can consistently raise its dividends. Usually companies with long history of raising dividends tend to do so.


General Mills 5-Year Yield-on-Cost % Related Terms

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General Mills (FRA:GRM) Business Description

Address
Number One General Mills Boulevard, Minneapolis, MN, USA, 55426
General Mills is a global packaged food company that produces snacks, cereal, convenient meals, yogurt, dough, baking mixes and ingredients, pet food, and superpremium ice cream. Its largest brands are Nature Valley, Cheerios, Old El Paso, Yoplait, Pillsbury, Betty Crocker, Blue Buffalo, and Haagen-Dazs. In fiscal 2023, 81% of its revenue was derived from the United States, although the company also operates in Canada, Europe, Australia, Asia, and Latin America. While most of General Mills' products are sold through retail stores to consumers, the company also sells products to the foodservice channel and the commercial baking industry.

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