Hormel Foods Corporation logo
Hormel Foods Corporation (HRL)
Compare

HRL Dividends

Hormel Foods Corporation (HRL) pays $1.17 in dividends per share, with a current dividend yield of 4.86%. The company has dividend history for 58 consecutive years.

HRL Dividend Summary

Consecutive Years

58

Next Ex-Dividend Date

Jul 13, 2026

Next Payment Date

Aug 17, 2026

HRL Dividends per Share (Nominal History)

View full nominal table list

This step chart displays the nominal dividend payouts over time on their actual payment dates, matching the distribution frequency.

HRL Dividends CAGR Chart

Hormel Foods Corporation (HRL)

Annual Dividend History

YearDividend/ShareYoY Growth
2026(YTD)$0.88
2025$1.16+2.65%
2024$1.13+2.73%
2023$1.10+5.77%
2022$1.04+6.12%
2021$0.98+5.38%
2020$0.93+10.71%
2019$0.84+12.00%
2018$0.75+10.29%
2017$0.68+17.24%
2016$0.58+16.00%
2015$0.50+25.00%
2014$0.40+17.65%
2013$0.34+13.33%
2012$0.30+17.65%
2011$0.26+21.43%
2010$0.21+10.53%
2009$0.19+2.70%
2008$0.18+23.33%
2007$0.15+7.14%

Quarterly Dividend History

QuarterDividend/ShareYoY Growth
Q3 2026$0.29+0.86%
Q2 2026$0.29+0.86%
Q1 2026$0.29+0.86%
Q4 2025$0.29+2.65%
Q3 2025$0.29+2.65%
Q2 2025$0.29+2.65%
Q1 2025$0.29+2.65%
Q4 2024$0.28+2.73%
Q3 2024$0.28+2.73%
Q2 2024$0.28+2.73%
Q1 2024$0.28+2.73%
Q4 2023$0.28+5.77%
Q3 2023$0.28+5.77%
Q2 2023$0.28+5.77%
Q1 2023$0.28+5.77%
Q4 2022$0.26+6.12%
Q3 2022$0.26+6.12%
Q2 2022$0.26+6.12%
Q1 2022$0.26+6.12%
Q4 2021$0.24+5.38%
Q3 2021$0.24+5.38%
Q2 2021$0.24+5.38%
Q1 2021$0.24+5.38%
Q4 2020$0.23+10.71%

Dividend Yield Metrics

Current Yield
4.86%
Average Yield (TTM)
4.86%
Average Yield (3Y)
4.71%
Forward Yield on Cost (3Y)
5.75%
Forward Yield on Cost (5Y)
6.43%
Forward Yield on Cost (10Y)
8.52%

Payout Ratio Analysis

Payout Ratio (Current)
133.91%
FCF Payout Ratio
92.50%
Payout Ratio (3Y Avg)
95.36%
Payout Ratio (5Y Avg)
80.18%
FCF Payout (3Y Avg)
86.01%
FCF Payout (5Y Avg)
78.57%

Dividend Coverage

Payout Ratio
133.9%
Dividends / net income
FCF Payout Ratio
92.5%
Dividends / free cash flow
Consecutive Years
58 years
Years with regular dividend payments
5Y Dividend Growth
4.5%
Compound annual dividend growth

About Hormel Foods Corporation

Hormel Foods Corporation is a prominent global food company that specializes in the creation, preparation, and supply of a diverse array of meat, nut, and other culinary items. Its extensive clientele spans retail outlets, institutional food providers (foodservice), specialty delis, and various commercial enterprises across the United States and internationally. The company's operations are strategically structured into four main divisions: Grocery Products, Refrigerated Foods, Jennie-O Turkey Store, and International & Other. Hormel's product portfolio is broad, encompassing numerous perishable goods such as fresh meats, frozen food selections, convenient refrigerated meal options, a variety of sausages, hams, guacamole, and bacon. Additionally, it offers a wide range of non-perishable items, including canned luncheon meats, various nut butters, snack nuts, chili, microwave-ready meals, hashes, stews, tortillas, salsas, and tortilla chips. Beyond these offerings, Hormel Foods is also actively involved in the processing, promotion, and distribution of both branded and unbranded products derived from pork, beef, poultry, and turkey. The company further supplies nutritional food items and supplements, dessert and beverage mixes, and industrial-grade gelatin. Its extensive product line is marketed under numerous widely recognized brand names, including SKIPPY, SPAM, Hormel, Natural Choice, Applegate, Justin's, Jennie-O, Café H, Herdez, Black Label, Sadler's, Columbus, Gatherings, Wholly, Planters, NUT-rition, Planters Cheez Balls, and Corn Nuts. These products reach consumers through a multi-channel distribution network, utilizing internal sales teams, independent brokers, and various distributors. Founded in 1891 as Geo. A. Hormel & Company, the organization was officially rebranded as Hormel Foods Corporation in January 1995. Its corporate headquarters are located in Austin, Minnesota.

Austin, MN
20,000 employees
Consumer Defensive / Packaged Foods
Sector
Consumer Defensive
Industry
Packaged Foods
CEO
Jeffrey Ettinger