Published March 10, 2015 6:31pm EDT | Updated May 21, 2015 1:25pm EDT

General Mills Hikes Quarterly Dividend 7%

General Mills Inc. said late Tuesday it is raising its quarterly dividend by 7%. The new dividend of 44 cents a share will be paid May 1 to shareholders of record as of April 10. General Mills shares rose 0.8% to $52.19 on moderate volume.