10 Best Consumer Staples Dividend Stocks To Invest In

7. General Mills, Inc. (NYSE:GIS)

Number of Hedge Fund Holders: 49

General Mills, Inc. (NYSE:GIS) ranks seventh on our list of the best dividend stocks in the consumer staples sector. The Minnesota-based food processing company markets processed consumer food through retail stores. With a long history in the industry, the company has consistently met consumer needs, including during the COVID-19 pandemic. As dining restrictions led more people to cook at home, the company saw a surge in business activity. Its key North American retail segment performed strongly, driven by increased demand for organic products, meal solutions, and baking essentials.

General Mills, Inc. (NYSE:GIS) delivered solid earnings in fiscal Q2 2025, posting revenue of $5.24 billion, a 2% increase from the previous year and $97 million above analysts’ expectations. Operating profit rose to $1.1 billion, marking a 33% jump, driven by higher gross profit and the absence of a goodwill impairment charge that impacted the prior year’s results.

General Mills, Inc. (NYSE:GIS) currently offers a quarterly dividend of $0.60 per share and has a dividend yield of 3.92%, as of February 24. The company has a solid track record of dividend payments, supported by its consistent cash flow. In the first half of FY25, the company generated $1.8 billion in operating cash flow, reflecting a 19% increase from the previous year. Over this period, it distributed $676 million to shareholders through dividends. Notably, the company has maintained uninterrupted dividend payments for 125 consecutive years.