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Hormel Foods (HRL) Dividend Yield, Date & History

$32.44
+0.11 (+0.34%)
(As of 08/21/2024 ET)

Dividend Summary

Dividend Yield
3.48%
Annual Dividend
$1.13
Dividend Increase
Track Record
59 Years
Annualized 3-Year
Dividend Growth
5.76%
Dividend Payout Ratio
80.71%
Recent
Dividend Payment
Aug. 15
Skip Charts & View Dividend History

Hormel Foods vs. The Competition

TypeHormel FoodsStaples CompaniesNYSE Companies
Annual Dividend$1.13$0.48$1.39
Dividend Yield3.48%270.14%352.33%
Annualized 3-Year Dividend Growth5.76%8.55%15.61%
Track Record59 years34 years23 years

Hormel Foods Dividend Payout Ratio

TypePayout Ratio
Based on Trailing 12 Months of Earnings80.71%
Based on This Year's Estimates70.63%
Based on Next Year's Estimates66.47%
Based on Cashflow53.09%

Hormel Foods Dividend History by Quarter

AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
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
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
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
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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 3.48%. 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
  • 70.63% based on this year's estimates
  • 66.47% based on next year's estimates
  • 53.09% based on cash flow
Is Hormel Foods a good dividend stock?

Hormel Foods' dividend yield of 3.46% 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 66.47% next year.

This page (NYSE:HRL) was last updated on 8/22/2024 by MarketBeat.com Staff

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