April 21, 2016
General Mills, Inc. Is One Dividend Stock for the Long Haul
General Mills, Inc. (NYSE:GIS) stock may not immediately come to mind as a strong asset for a portfolio, but investment risk is going up and what’s really important going forward is quality.
It is a slow-growth world, so the income provided by a dividend-paying security like GIS stock is important (the stock’s current yield is approximately three percent).
It’s also a new business cycle in terms of interest rates and what may soon be rising price inflation. This means that investment risk for equities is on the rise and a portfolio of stocks should reflect this reality.
General Mills is not a fast-growing enterprise, but it is a quality, dividend-paying large-cap with an excellent track record of wealth creation for stockholders.
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Source: Profit Confidential