Hormel Foods Corporation (HRL)
Hormel Foods Corporation (HRL) is a multinational food company known for its processed meat and food products. Founded in 1891, it has a diverse portfolio that includes fresh and packaged meats, refrigerated foods, and grocery products. The company is recognized for brands such as Spam, Hormel, Jennie-O, and Skippy, and operates through various segments including retail, foodservice, and international markets. Hormel is dedicated to innovation, quality, and sustainability in its operations.
Dividend History
Investors can expect a dividend payout of $0.29 per share, scheduled to be distributed in 26 days on November 17, 2025
| Pay Date | Amount | Ex-Date | Record Date |
|---|---|---|---|
| November 17, 2025 | $0.29 | 2025-10-14 | 2025-10-14 |
| August 15, 2025 | $0.29 | 2025-07-14 | 2025-07-14 |
| May 15, 2025 | $0.29 | 2025-04-14 | 2025-04-14 |
| February 18, 2025 | $0.29 | 2025-01-13 | 2025-01-13 |
| November 15, 2024 | $0.28 | 2024-10-15 | 2024-10-15 |
Dividends Summary
- Hormel Foods Corporation has issued 88 dividend payments over the past 21 years
- The most recent dividend was paid 68 days ago, on August 15, 2025
- The highest dividend payed out to investors during this period was $0.29 per share
- The average dividend paid during this period was $0.20 per share.
Company News
Three high-yield dividend stocks - Hormel, McCormick, and Brown-Forman - are predicted to raise their dividend payouts in November, with consistent historical performance and strong cash flow supporting potential increases.
Hormel Foods Corporation announced its quarterly dividend of $0.29 per share, to be paid on November 17, 2025, marking its 389th consecutive quarterly dividend payment since becoming a public company in 1928.
Hormel Foods Corporation's (HRL) second-quarter earnings report showed mixed results, with revenue slightly missing expectations but earnings meeting forecasts. The company's outlook was impacted by tariff pressures, but analysts believe tariff relief could boost the stock's outlook.
The global frozen food market is expected to grow significantly from 2025 to 2033, driven by factors like growing consumer demand for convenience, health-conscious products, and advancements in freezing technology. However, the market faces challenges such as supply chain and storage issues, as well as rising raw material costs.
Hershey reported Q2 earnings of $1.27 per share, missing the Zacks Consensus Estimate of $1.44 per share. Revenues also fell short of expectations. The company's performance was weaker compared to the year-ago quarter.
