GIS - Should Income Investors Buy General Mills Stock?
2023-03-29 05:20:00 ET
Investing in companies that produce and market well-known brands that are regularly consumed by millions of people every day can be a winning strategy for dividend investors. Such businesses typically benefit from steadily rising profits, which can support a generous and growing payout to shareholders.
With a $48 billion market capitalization , General Mills (NYSE: GIS) is a just such a company and has grown to become a leader in the packaged foods industry. But is it a buy for yield-oriented investors?
Let's dig into General Mills' fundamentals and valuation to get an answer.
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Should Income Investors Buy General Mills Stock?