Stocks That Fell to 3-Year Lows in the Week of Sept. 28

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- By Shuda Xia

General Mills Inc. (GIS), Franklin Resources Inc. (BEN), Molson Coors Brewing Co. (TAP) and Schlumberger Ltd. (SLB) have declined to their three-year lows.

General Mills Inc. (GIS) declined to $42.92

The prices of General Mills Inc. (GIS) shares have declined to $42.92 on Sept. 28, which is only 4.5% above the 3-year low of $41.01.


General Mills Inc. is an American international manufacturer and marketer of branded consumer foods sold through retail stores. The company markets many well-known North American brands such as Annie's Homegrown, Betty Crocker, Yoplait, Colombo, and Totino's. The company's portfolio includes 89 other leading U.S. brands.

General Mills Inc. has a market cap of $25.59 billion; its shares were traded around $42.92 with a P/E ratio of 11.92 and P/S ratio of 1.58. The trailing 12-month dividend yield of General Mills Inc. stocks is 4.56%. The forward dividend yield of General Mills Inc. stocks is 4.55%. General Mills Inc. had an annual average earnings growth of 3.00% over the past 10 years.

On Sept. 25 General Mills Inc. announced that its Board of Directors has declared a quarterly dividend of $0.49 per share. The dividend is payable on Nov. 1 to shareholders of record at the close of business on Oct. 10. General Mills Inc. and its predecessor company have paid dividends without interruptions for 119 years.

Franklin Resources Inc. (BEN) declined to $30.41

The prices of Franklin Resources Inc. (BEN) shares have declined to $30.41 on Sept. 28, which is only 1.5% above the 3-year low of $29.95.

Franklin Resources Inc. is an American international investment management company that provides services to retail, institutional, and sovereign wealth clients in over 170 countries. The company has $732 billion in assets under management as of May 31, 2018 and is a component of the S&P 500.

Franklin Resources Inc. has a market cap of $16.03 billion; its shares were traded around $30.41 with a P/E ratio of 24.73 and P/S ratio of 2.58. The trailing 12-month dividend yield of Franklin Resources Inc. stocks is 3.05%. The forward dividend yield of Franklin Resources Inc. stocks is 2.96%. Franklin Resources Inc. had an annual average earnings growth of 6.00% over the past 10 years.

On Sept. 12 Franklin Resources Inc. announced that Dr. Sonal Desai will be named CIO of Franklin Templeton Fixed Income Group, effective Dec. 31. Dr. Desai will oversee the firm's corporate credit, emerging markets debt, global aggregate, and municipal and local fixed income strategies and teams, among others. These divisions manage a total of $157 billion in fixed income assets for investors around the world.