Hormel Foods Corporation (HRL) Yield on Cost (YOC): 4.79%
The yield on cost (YOC) for Hormel Foods Corporation (HRL) is 4.79%.
HRL Yield on Cost (YOC) Metrics
YIELD ON COST (YOC)
4.79%
Forward Yield on Cost Projections
If you buy HRL today at the current stock price of $24.32 with a yield of 4.79% and dividends continue to grow at the historical rate (4.5% CAGR), your YOC would be:
Current Yield
4.79%
YOC in 3 Years
5.67%
YOC in 5 Years
6.34%
YOC in 10 Years
8.40%
Interactive Yield on Cost Calculator
Project custom investment returns for Hormel Foods Corporation (HRL) based on your custom cost basis.
Starting Yield
4.81%
Ending YOC
9.34%
Year 15 Dividend
$2.27
Cum. Dividends Recd.
$25.45
| Year | Projected Div. / Share | YoY Dividend Hike | Yield on Cost (YOC) | Total Dividends Recd. |
|---|---|---|---|---|
| Initial | $1.17 | — | 4.81% | $0.00 |
| Year 1 | $1.22 | +4.52% | 5.03% | $1.22 |
| Year 2 | $1.28 | +4.52% | 5.26% | $2.50 |
| Year 3 | $1.34 | +4.52% | 5.49% | $3.84 |
| Year 4 | $1.40 | +4.52% | 5.74% | $5.23 |
| Year 5 | $1.46 | +4.52% | 6.00% | $6.69 |
| Year 6 | $1.53 | +4.52% | 6.27% | $8.22 |
| Year 7 | $1.59 | +4.52% | 6.56% | $9.81 |
| Year 8 | $1.67 | +4.52% | 6.85% | $11.48 |
| Year 9 | $1.74 | +4.52% | 7.16% | $13.22 |
| Year 10 | $1.82 | +4.52% | 7.49% | $15.04 |
| Year 11 | $1.90 | +4.52% | 7.82% | $16.94 |
| Year 12 | $1.99 | +4.52% | 8.18% | $18.93 |
| Year 13 | $2.08 | +4.52% | 8.55% | $21.01 |
| Year 14 | $2.17 | +4.52% | 8.93% | $23.18 |
| Year 15 | $2.27 | +4.52% | 9.34% | $25.45 |
Yield on Cost (YOC) Formula
Formula: Yield on Cost = Annual Dividend / Original Purchase Price × 100
Inputs shown in the projection:
- Original purchase price.
- Annual dividend per share at the starting point.
- Assumed annual dividend growth rate.
- Projected annual dividend divided by original purchase price.
Note: Forward projections assume dividends continue to grow at the designated growth rate. Actual dividend payments are declared by corporate boards and are subject to change.
Hormel Foods Corporation Yield on Cost (YOC) Formula & Definition
Yield on Cost shows the dividend yield based on your original purchase price. As dividends grow, your YOC increases even if the market yield stays the same.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
Hormel Foods Corporation Yield on Cost (YOC) FAQ
- What is the yield on cost (YOC) for Hormel Foods Corporation (HRL)?
- The yield on cost (YOC) for HRL stock is 4.79%.
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.
- Sector
- Consumer Defensive
- Industry
- Packaged Foods
- CEO
- Jeffrey Ettinger