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General Mills increases dividend by 4%

Economy, Finance

General Mills Inc. said late Monday its board of directors has declared a quarterly dividend of 51 cents a share, payable May 3 to shareholders of record on April 9. That’s a 4% increase over the dividend paid a year ago. General Mills and its predecessor company have paid dividends without interruption for 122 years, it said. Shares of General Mills were flat in the extended session Monday after ending the regular trading day up 3.5%.

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