Shareholders of General Mills have been rewarded with stable, consistently performing common shares. Excluding the 2008-2009 recession, GIS stock has performed very well as a defensive stock, hedging against downturns in the economy.
General Mills closed at $52.48 on February 27th and $49.88 on March 31st, representing a 4.9% decline, as investors rotated out of non-cyclicals into higher-yielding assets.
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