How To Buy General Mills Stock

You can buy General mills shares with one of the brokers below depending on the type of trading you wish to conduct. You can buy General mills shares with a broker like eToro or you can trade General mills CFDs with XTB you can begin trading General mills shares right away.

If you are buying shares in UK or Europe eToro offer 0% free commission on stocks. This is a big eToro selling point.

when a client buys General mills stock at 1x leverage with eToro its completely free and they are buying the underlying stock. Also with eToro, clients can buy fractional shares – Min deposit is $200, but $50 is the minimum trade on stocks. eToro are one of the cheapest places to buy stocks.

Broker eToro XTB Plus500 FXPrimus Trading212 AvaTrade
Rating
Used By 12,000,000+ 250,000+ 15,500+ 10,000+ 14,000,000+ 200,000+
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Scroll down to read our indepth article on How To Buy General Mills Stock. What you should know, Types of trading General mills Stock and CFD's. Pros and Cons, everything is explained below.

How To Buy General Mills Stock Table of Contents

General mills Financial Details

Financial Details

General mills Stock symbol GIS
General mills Sector and Industry Consumer Staples Consumer Products
General mills Exchange NYSE - New York Stock Exchange
52 Week High $56.4
52 Week Low $42.8
General mills Market Capitalisation $31,867,806,899.00
General mills Average Volume 3,764,216.00
General mills PE 15.15
General mills EPS 3.48
Stock Currency USD

Overview of General mills

General Mills, Inc. manufactures and markets branded and packaged consumer foods worldwide. The Company also supplies branded and unbranded food products to the foodservice and commercial baking industries.

General mills is an American Consumer Staples Consumer Products company currently traded on the New York Stock Exchange (NYSE).

General mills trades under the stock symbol GIS on the NYSE.

General mills shares are traded in USD.

General mills has a current share price of $52.76 USD dated 31/01/2020.

The highest General mills share price over the last 52 weeks was $56.4 USD and its lowest price over the last 52 weeks was $42.8 USD. That is a 52 week price range of $42.8 - $56.4.

General mills Trading Volume and PE

General mills currently has 604,817,000.00 active shares in circulation traded through the NYSE exchange.

General mills market capitalization is $31,867,806,899.00 with an average daily trading volume of 3,764,216.00 shares.

Trading volume is the amount a security that was traded during over a certain duration. When talking about shares volume refers to the number of shares that have been bought and sold during a given day.

General mills has a Price Earning Ratio ( PE ) of 15.15 and earning per share ( EPS ) of 3.48. Generally speaking General mills having a high P/E ratio means that General mills investors forsee increased growth with General mills in the future. The current average market P/E ratio is roughly 20 to 25 times earnings. Companies that are losing money do not have a P/E ratio.

General mills earnings per share is Disney company profit that's allocated to every General mills common stock. Earnings per share is calculated by taking the difference between General mills's net earnings and dividends paid for preferred stock and then dividing that amount by the average amount of General mills shares outstanding.

General mills Financial Charts

Financial Details

General mills Information

General mills Location & Contact Information

Address Number One General Mills Blvd PO Box 1113 Minneapolis, MN 55426 United States
Phone Number 1-763-764-2268
Website URL www.generalmills.com

General mills Executives and Board Members

Chairman/CEO Jeffrey L Harmening
Chief Financial Officer Kofi A Bruce
Chief Innovation Technology & Quality Ofcr Jodi J Benson
General mills Board Member Jeffrey L Harmening
General mills Board Member R Kerry Clark
General mills Board Member Dr Roger W Ferguson Jr

How To Buy General Mills Stock Guide

Buying General mills Stocks and CFDs

When investing in General mills you have several options as to what type of investment you wish to conduct. You can buy traditional General mills shares with one of our listed brokers or you can trade what is known as CFDs or contracts for difference.

We explain in detail the difference between buying General mills shares with stock brokers and trading General mills with CFDs below.

General mills CFD Trading vs Traditional Share Dealing

CFD trading is quite much like stock trading except when you exchange a CFD you do not actually own any General mills stock.

If you buy General mills shares with a stock broker you actually own a share of General mills. When you trade a contract for difference (CFD) you have an agreement with your CFD broker and are speculating that the General mills price will change up or down.

Lets explain why you would buy General mills as a CFD instead of as a share.

If you went and brought 100 General mills shares at $100 a share with a stock broker you own $1000 of General mills.

The main difference when trading General mills as a CFD and buying General mills as a share is contracts for difference offer increased leverage.

Contracts for difference are traded on margin which means to have $1000 invested in General mills you would not need to invest the full amount as you would with a stock broker. You could invest a fraction of the amount ( known as the CFD margin ) with a CFD to hold a similar position in General mills. Trading an General mills CFD allows investors to hold larger positions than their invested amount. Be aware that although investing in an General mills CFD like this amplifies any potential profit. It always exaggerates your potential losses which may exceed your amount invested.

If you invested in an General mills share with a stock broker you would only lose the amount you invested as you pay the total cost of your position to your broker upfront. There is no leverage.

What CFDs allow you to do is profit from both the rise and fall in the General mills share price. An General mills CFD long would be hoping to profit from a rise in the General mills share price. An General mills CFD short would be aiming to profit from a fall in the General mills stock price. Trading CFDs allows traders to profit from both directions of the General mills price on the financial exchange. Giving traders greater chance to move with the financial markets.

With traditional General mills shares you can only profit from a rise in the General mills stock price.

General mills CFD and Stock Market Times

When trading in traditional General mills shares you are limited to when the stock exchange is open. You can only buy and sell with your broker when the market is open.

With CFD trading you can deal 24/7 around the clock.

Buying General mills Shares with a Broker

Buying shares with a stock broker limits your risk to your initial investment as stock brokers require you to pay for the total amount of your investment. Stock brokers offer no leverage or loans when buying General mills stock. This limits your risk to your initial amount invested in General mills. You can only lose the amount invested with traditional General mills shares. Another benefit of buying General mills shares with a broker is that you may be eligible to receive General mills company dividends if applicable.

If you Invest in General mills via a CFD you have no shareholder privileges as you don't actually own any underlying assets in General mills. If you buy General mills stock with a broker you may receive shareholder perks and benefits. There are certain requirements to be eligible for some of these General mills benefits as in owning a certain amount of stock for a set period.

If you own shares in General mills you may be eligible to voting rights at General mills shareholder general meetings.

General mills Shares and CFDs and Tax

You should confirm with your local tax office but CFDs are free from stamp duty. When trading CFDs losses can be offset against profits when submitting your tax return.

Investment in General mills Stocks and shares are only exempt from tax if the General mills shares were brought through an ISA ( Individual Savings Accounts ) or SIPP ( Self Invested Personal Pensions ).

Should I trade General mills Stocks and Shares or General mills CFDs?

There are pros and cons to trading in both General mills Stocks and CFDs. Which is better depends on each investor and a few factors.

Investing in General mills stocks and shares is better suited for long term investments. Historically General mills shares provide better returns over the long term, usually a 10 year period.

General mills CFD trading is more suited to intra day and mid term traders. Wth intra day trading on an General mills share investors aim to profit on the fluctuating highs and lows of the General mills price throughout the day. Day trading as you can imagine focuses on profiting from the daily General mills stock price change.

CFD traders monitor live price movements by using real-time charts in an attempt to profit from live price movements.

Both types of trading have different benefits and risks. Make sure you have a good understanding of what you are doing before you invest.

With CFD trading as you can short or long an General mills stock you can hedge a trade against another trade.

A hedge is an investment that protects the money you have invested from risk. Traders hedge to minimize or offset a loss in value of an General mills share price for example to a known amount.

Example Cost of Buying General mills as a CFD Trade and Shares Side by Side

*All values below are estimates and are for illustrative purposes only. Please visit a broker for correct prices.

CFD and Share deals differ from broker to broker so check you are aware of the actual costs with your brokers.

General mills CFD trade example General mills Share deal example
Market price $52.76 $52.76
Broker Deal Invest $10.552 at 1:5 Margin (20%) Buy at $52.76 a share
Deal size 100 shares 100 shares
Initial outlay

$1055.2

(Margin = exposure x 20% margin factor)

$5276

(100 shares at $52.76)
Stamp duty No £20
Close price Sell at $63.312 Sell at $63.312
Estimated Profit

(10.552 point increase x 100 shares = $1055.2)

*Not including commission fees and taxes

($6331.2 - $5276 = $1055.2)

*Not including commission fees and taxes
Trade General mills CFDs now with XTB Trade General mills Shares now with Etoro

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Our brokerage comparison table below allows you to compare the below features for brokers offering General mills shares and CFDs.

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