Top 10 High Dividend Yielding Consumer Defensive Stocks To Buy

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

General Mills, Inc. is a marketer and manufacturer of branded consumer foods worldwide. It operates in International, North America Foodservice, North America Retail, and pet segments. The company provides ready-to-eat cereals, soup, refrigerated yogurt, refrigerated and frozen dough products, grain, and other products. It currently offers a healthy dividend yield of 4.09%.

With a dividend yield of over 4%, the stock is very attractive for dividend-focused investors. Thanks to a downturn since 2023, the dividend yield is at elevated levels compared to the recent past. The company has shown its dedication to shareholder returns by returning $11.1 billion in the form of dividends and share buybacks from FY2019 to FY2024.

GIS stock has been underperforming recently, mainly due to its weak top-line and bottom-line growth. In Q3 2025, net sales were down by 5% YoY while adjusted diluted EPS also declined by 15%.

The company also updated its fiscal 2025 guidance and now expects a 2% to 1.5% decrease in organic net sales. Adjusted diluted EPS is also forecasted to drop by 8% to 7% in constant currency. There is considerable pessimism among investors when it comes to GIS but people taking a fresh entry in the stock are being presented with a great investing opportunity as a result.