General Mills cuts outlook

GENERAL MILLS INC. $64 is a hold. This consumer staples giant (New York symbol GIS; Conservative Growth Portfolio, Consumer sector; Shares outstanding: 555.2 million; Market cap: $35.5 billion; Price-to-sales ratio: 1.9; Dividend yield: 3.8%; www.generalmills.com) is one of the world’s largest foodmakers. Its top brands include Cheerios (cereal),… Read More

Asset sales improve their long-term prospects

These two leading packaged foodmakers continue to sell parts of their product portfolios in response to changing consumer tastes. These moves should spur their long-term growth and dividends. Note—we prefer Kraft Heinz for your new buying.
GENERAL MILLS INC. $74 is a hold. The company (New York symbol… Read More

Recent acquisitions support their dividends

These two foodmakers recently acquired smaller firms with premium brands. While expanding by acquisition adds risk, the new operations should support their current dividend payouts.
CAMPBELL SOUP CO. $43 is a buy. The company (New York symbol CPB; Conservative-Growth Payer Portfolio, Consumer sector; Shares outstanding: 298.1 million; Market… Read More