This latest dividend increase from General Mills will push the current yield on their stock to 3.3 percent.
Qualcomm announced yesterday that the company is increasing their quarterly dividend by 13%.
This marks the 49th consecutive year that Cincinnati Financial has hiked their dividend.
General Mills joins the ranks of blue chip stocks that are increasing their dividends in 2010.
The penny increase in the dividend payment will lift BBY’s current yield to 1.6% based on yesterday’s closing price.
Lincare Holdings announced today that they will initiate a quarterly dividend program.