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Hormel Foods (HRL) Dividend Yield, Date & History

Hormel Foods logo
$31.62 +0.19 (+0.60%)
(As of 11/26/2024 ET)

Dividend Summary

Dividend Yield
3.57%
Annual Dividend
$1.13
Dividend Increase
Track Record
59 Years
Annualized 3-Year
Dividend Growth
5.76%
Dividend Payout Ratio
79.58%
Next
Dividend Payment
Feb. 18
Skip Charts & View Dividend History

Hormel Foods vs. The Competition

TypeHormel FoodsStaples CompaniesNYSE Companies
Annual Dividend$1.13$0.63$1.48
Dividend Yield3.57%264.86%346.48%
Annualized 3-Year Dividend Growth5.76%8.10%15.73%
Track Record59 years36 years24 years

Hormel Foods Dividend Payout Ratio

TypePayout Ratio
Based on Trailing 12 Months of Earnings79.58%
Based on This Year's Estimates71.52%
Based on Next Year's Estimates67.26%
Based on Cashflow51.46%

Hormel Foods Dividend History by Quarter

AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
11/25/2024quarterly$0.293.69%1/13/20251/13/20252/18/2025
9/23/2024Quarterly$0.28203.62%10/15/202410/15/202411/15/2024
5/20/2024quarterly$0.28253.07%7/15/20247/15/20248/15/2024
3/25/2024quarterly$0.28253.3%4/12/20243/25/20245/15/2024
11/20/2023quarterly$0.28253.51%1/12/20241/16/20242/15/2024
9/25/2023quarterly$0.27502.83%10/13/202310/16/202311/15/2023
Video: Blindfolded Man Gets Into a Cybertruck… What Happens Next Will Shock You (Ad)

“Hi, I’m Jeff Brown… Even though I can’t see a thing… I’m about to get in this Cybertruck and drive up to a location just a few miles from here to show you Elon Musk’s next AI product. I promise what happens next will shock you…”

5/22/2023quarterly$0.27502.83%7/14/20237/17/20238/15/2023
3/27/2023quarterly$0.27502.82%4/14/20234/17/20235/15/2023
11/21/2022quarterly$0.27502.23%1/13/20231/17/20232/15/2023
9/26/2022quarterly$0.262.22%10/14/202210/17/202211/15/2022
5/23/2022quarterly$0.262.15%7/8/20227/11/20228/15/2022
3/28/2022quarterly$0.262.06%4/8/20224/11/20225/16/2022
11/22/2021quarterly$0.262.42%1/14/20221/18/20222/15/2022
9/27/2021quarterly$0.24502.39%10/15/202110/18/202111/15/2021
5/24/2021quarterly$0.24501.99%7/9/20217/12/20218/16/2021
3/22/2021quarterly$0.24502.02%4/9/20214/12/20215/17/2021
11/23/2020quarterly$0.24501.96%1/8/20211/11/20212/16/2021
9/29/2020quarterly$0.23251.92%10/16/202010/19/202011/16/2020
5/18/2020quarterly$0.23251.93%7/10/20207/13/20208/17/2020
3/23/2020quarterly$0.23252.2%4/9/20204/13/20205/15/2020
11/25/2019quarterly$0.23252.17%1/10/20201/13/20202/18/2020
9/23/2019quarterly$0.211.97%10/18/201910/21/201911/15/2019
5/21/2019quarterly$0.212.11%7/12/20197/15/20198/15/2019
3/25/2019quarterly$0.211.91%4/12/20194/15/20195/15/2019
11/19/2018quarterly$0.211.85%1/11/20191/14/20192/15/2019
9/24/2018quarterly$0.18751.88%10/19/201810/22/201811/15/2018
5/21/2018quarterly$0.18752.07%7/13/20187/16/20188/15/2018
3/26/2018quarterly$0.18752.24483687518707%4/13/20184/16/20185/15/2018
11/21/2017quarterly$0.18752.17%1/12/20181/16/20182/15/2018
9/25/2017quarterly$0.172.15%10/20/201710/23/201711/15/2017
5/22/2017quarterly$0.171.93%7/13/20177/17/20178/15/2017
3/31/2017quarterly$0.171.98%4/13/20174/18/20175/15/2017
11/21/2016quarterly$0.171.9%1/12/20171/17/20172/15/2017
9/26/2016quarterly$0.14501.52%10/20/201610/24/201611/15/2016
5/23/2016quarterly$0.14501.67%7/14/20167/18/20168/15/2016
3/29/2016quarterly$0.14501.32%4/14/20164/18/20165/16/2016
11/23/2015quarterly$0.291.63%1/14/20161/19/20162/16/2016
9/28/2015quarterly$0.251.62%10/15/201510/19/201511/16/2015
5/18/2015quarterly$0.251.79%7/16/20157/20/20158/17/2015
3/23/2015quarterly$0.251.77%4/16/20154/20/20155/15/2015
Video: Blindfolded Man Gets Into a Cybertruck… What Happens Next Will Shock You (Ad)

“Hi, I’m Jeff Brown… Even though I can’t see a thing… I’m about to get in this Cybertruck and drive up to a location just a few miles from here to show you Elon Musk’s next AI product. I promise what happens next will shock you…”

11/26/2014quarterly$0.251.9%1/15/20151/20/20152/17/2015
9/22/2014quarterly$0.201.6%10/16/201410/20/201411/14/2014
5/19/2014quarterly$0.201.65%7/17/20147/21/20148/15/2014
3/24/2014quarterly$0.201.67%4/16/20144/21/20145/15/2014
11/26/2013quarterly$0.201.78%1/17/20141/22/20142/14/2014
9/23/2013quarterly$0.171.58%10/17/201310/21/201311/15/2013
5/20/2013quarterly$0.171.6%7/18/20137/22/20138/15/2013
3/25/2013quarterly$0.171.69%4/18/20134/22/20135/15/2013
(Data available from 1/1/2013 forward)

Hormel Foods Dividend - Frequently Asked Questions

What is Hormel Foods's dividend yield?

The current dividend yield for Hormel Foods is 3.57%. Learn more on HRL's dividend yield history.

How much is Hormel Foods's annual dividend?

The annual dividend for HRL shares is $1.13. Learn more on HRL's annual dividend history.

How often does Hormel Foods pay dividends?

Hormel Foods pays quarterly dividends to shareholders.

When is Hormel Foods's next dividend payment?

Hormel Foods's next quarterly dividend payment of $0.29 per share will be made to shareholders on Tuesday, February 18, 2025.

When was Hormel Foods's most recent dividend payment?

Hormel Foods's most recent quarterly dividend payment of $0.2820 per share was made to shareholders on Friday, November 15, 2024.

When is Hormel Foods's ex-dividend date?

Hormel Foods's next ex-dividend date is Monday, January 13, 2025.

When was Hormel Foods's most recent ex-dividend date?

Hormel Foods's most recent ex-dividend date was Tuesday, October 15, 2024.

Is Hormel Foods's dividend growing?

Over the past three years, the company's dividend has grown by an average of 5.76% per year.

What track record does Hormel Foods have of raising its dividend?

Hormel Foods has increased its dividend for the past 59 consecutive years.

When did Hormel Foods last increase or decrease its dividend?

The most recent change in the company's dividend was an increase of $0.0080 on Monday, November 25, 2024.

What is Hormel Foods's dividend payout ratio?
The dividend payout ratio for HRL is:
  • 79.58% based on the trailing year of earnings
  • 71.52% based on this year's estimates
  • 67.26% based on next year's estimates
  • 51.46% based on cash flow
Is Hormel Foods a good dividend stock?

Hormel Foods' dividend yield of 3.68% is higher than the average Consumer Staples company that issues a dividend. The company's 59 consecutive years of dividend growth indicate that the company has a strong committment to maintain and grow its dividend. Hormel Foods' dividend payout ratio of 79.58% may not be sustainable. However, based on earnings estimates, HRL will have a more sustainable dividend payout ratio of 67.26% next year.


This page (NYSE:HRL) was last updated on 11/26/2024 by MarketBeat.com Staff
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