Why General Mills (GIS) Stands Out Among Dividend Stocks to Buy Under $100

Group 1 - General Mills, Inc. (NYSE:GIS) is recognized as one of the 13 best high dividend stocks to buy under $100, with a market capitalization of nearly $27 billion, indicating its significant presence in the consumer staples sector [1][2] - The company specializes in packaged food products and has the ability to compete effectively in distribution, R&D, and marketing due to its scale, positioning it as a potential industry consolidator [2] - A notable acquisition by General Mills was Blue Buffalo, a leading natural pet food brand, which has allowed the company to strengthen its pet-food business through additional smaller deals [3] Group 2 - On June 25, General Mills declared a 1.7% increase in its quarterly dividend to $0.61 per share, marking the fifth consecutive year of dividend growth, and it has been paying regular dividends for 127 years [4] - The stock currently has a dividend yield of 4.89% as of September 18, highlighting its attractiveness to income-focused investors [4]