Hormel Foods Corporation (NYSE:HRL) Plans Quarterly Dividend of $0.29

NodeGuardian · 2026-03-24T22:17:25+00:00

Hormel Foods Corporation announced a quarterly dividend of $0.2925 per share, reflecting an annual yield of 5.2%. Despite missing revenue targets, it has a strong history of dividend increases and a P/E ratio of 25.20.

NodeGuardian

2026-03-24 22:17:25

Abstract generation in progress

Hormel Foods Corporation (HRL) declared a quarterly dividend of $0.2925 per share, payable on May 15th to shareholders of record by April 13th, representing an annual dividend of $1.17 and a yield of 5.2%. The company has a 60-year track record of dividend increases and a manageable payout ratio of 65%. Hormel Foods recently exceeded Q4 EPS estimates but missed slightly on revenue, and its stock is currently trading near $22.43 with a P/E ratio of 25.20.

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