Hormel Foods (HRL) Dividend Yield, Date & History

Hormel Foods Dividend - Frequently Asked Questions

What is Hormel Foods's dividend yield?

The current dividend yield for Hormel Foods is 3.56%. 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 was Hormel Foods's most recent dividend payment?

Hormel Foods's most recent quarterly dividend payment of $0.2825 per share was made to shareholders on Thursday, August 15, 2024.

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

Hormel Foods's most recent ex-dividend date was Monday, July 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 $0.0075 on Monday, November 20, 2023.

What is Hormel Foods's dividend payout ratio?

The dividend payout ratio for HRL is:

• 80.71% based on the trailing year of earnings
• 71.52% based on this year's estimates
• 67.26% based on next year's estimates
• 52.32% based on cash flow

Is Hormel Foods a good dividend stock?

Hormel Foods' dividend yield of 3.52% 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 80.71% may not be sustainable. However, based on earnings estimates, HRL will have a more sustainable dividend payout ratio of 67.26% next year.