15 Dividend Zombies to Invest in

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

Consecutive Years of Dividend Payments: 126

General Mills, Inc. (NYSE:GIS) is an American multinational company, headquartered in Minnesota. The company specializes in branded processed consumer foods that are sold through retail stores. It is a leading player in the food industry, recognized for its diverse range of brands, including Cheerios, Häagen-Dazs, and Betty Crocker. With operations spanning over 100 countries, the company strengthens its market presence through a broad product portfolio and continuous innovation. Recently, its focus has been on boosting sales volume and expanding market share, both critical to its growth strategy.

In fiscal Q3 2025, General Mills, Inc. (NYSE:GIS) delivered mixed financial results. Revenue came in at $4.8 billion, reflecting a 5% decline from the previous year. Organic net sales also fell by 5%, with approximately four percentage points attributed to retailer inventory reductions and the expected reversal of certain favorable timing factors from the second quarter. Despite these challenges, the company continued to gain market share in its Pet, Foodservice, and International segments. In addition, the Pillsbury refrigerated dough and Totino’s hot snacks categories saw performance improvements, benefiting from increased investments in the prior quarter.

General Mills, Inc. (NYSE:GIS) also maintained a solid cash position. Over the first nine months of fiscal 2025, operating cash flow reached $2.3 billion, while capital expenditures totaled $405 million. During this period, the company returned $1 billion to shareholders through dividends. Its quarterly dividend stands at $0.60 per share, offering a 4.09% yield, as of March 23. With a history of consistent dividend payments spanning 126 years, GIS is one of the best dividend zombies on our list.

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