General Mills (GIS) Is Wholesome … On Several Counts

Strong ESG performance, stability and dependable dividends build a compelling case for keeping General Mills on your watch list.

A bowl of Cheerios
(Image credit: Getty Images)

General Mills (GIS, $62.23) has long been a pantry staple for investors seeking dividend stability. But the consumer giant, and its commitment to a sustainable supply chain, might also be appropriate for those who value certain environmental, social and governance (ESG) criteria.

Most people know General Mills because of its iconic brands, which include Cheerios, Annie's and Häagen-Dazs, marketing products in more than 100 countries. The steady income from this wide brand portfolio has allowed General Mills to pay dividends without interruption for more than a century.

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Ellen Kennedy
Personal Finance Editor,

Ellen writes and edits personal finance stories, especially on credit cards and related products. She also covers the nexus between sustainability and personal finance. She was a manager and sustainability analyst at Calvert Investments for 15 years, focusing on climate change and consumer staples. She served on the sustainability councils of several Fortune 500 companies and led corporate engagements. Before joining Calvert, Ellen was a program officer for Winrock International, managing loans to alternative energy projects in Latin America. She earned a master’s from the U.C. Berkeley in international relations and Latin America.