GIS announced yesterday a dividend increase from $0.38 to $0.41 , an 8% increase. The dividend is payable May 1, 2014 to shareholders of record April 10, 2014.
This is their 11th consecutive yearly dividend increase and they have consistently paid out dividends for 115 years! Dividend payments for fiscal 2014 are up 17% over the prior year.
Since I own 65 shares, this will increase my yearly dividends by $7.80. This is the 11th stock in my portfolio to increase their dividend already this year.
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