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Hormel Foods Corporation Stock Dividends Overview

HRL pays dividends quarterly. Last paid amount was $0.283 at Feb 15, 2024. As of today, dividend yield (TTM) is 3.33%.

Dividend Yield Range

The Dividend Yield Range is the range of values in which a stock’s dividend yield has fluctuated within a specified period, often a year. It represents the variation between the highest and lowest dividend yields observed during that time frame.
AI Analysis of HRL
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Dividend Analysis

Key Stats

Dividend Yield (TTM) 3.33%
Frequency Quarterly
1Y Growth 2.73%
Payout Ratio 0
Amount Per Share $0.283
Next Ex-Dividend Date Apr 12, 2024
Next Payment Date May 15, 2024

HRL Dividend Payout History

To ensure a understanding of HRL's dividend performance, consider examining the historical payout ratios and how they align with the company's earnings. Fluctuations in payout amounts may reflect changes in the company's dividend policy or earnings stability.


# Declaration Date Ex-Date Pay Date Amount Yield
1 Mar 25, 2024 Apr 12, 2024 May 15, 2024 $0.283 0.83%
2 Jan 12, 2024 Jan 12, 2024 Feb 15, 2024 $0.283 0.97%
3 Sep 25, 2023 Oct 13, 2023 Nov 15, 2023 $0.275 0.84%
4 May 22, 2023 Jul 14, 2023 Aug 15, 2023 $0.275 0.683%
5 Mar 27, 2023 Apr 14, 2023 May 15, 2023 $0.275 0.694%
6 Nov 21, 2022 Jan 13, 2023 Feb 15, 2023 $0.275 0.609%
7 Sep 26, 2022 Oct 14, 2022 Nov 15, 2022 $0.260 0.552%
8 May 23, 2022 Jul 08, 2022 Aug 15, 2022 $0.260 0.516%
9 Mar 28, 2022 Apr 08, 2022 May 16, 2022 $0.260 0.487%
10 Nov 22, 2021 Jan 14, 2022 Feb 15, 2022 $0.260 0.550%

Dividend Sustainability

With a moderate Dividend Sustainability Score (DSS), the company may sustain its dividends, but continuous monitoring is advised for any financial shifts. However, its Dividend Growth Potential Score (DGPS) is only moderate, indicating limited growth potential. On the whole, the dividend outlook remains neutral, meriting close observation of both the company's financial health and growth prospects.

Sustainability score

Average (46.07%)

Growth potential

Stable (11.77%)

HRL Dividend Calculator

Dividend Calculator is designed to forecast the potential returns from HRL dividends based on your individual investment size or the number of shares you own. Simply enter your total investment amount to see the cumulative dividend payment you could receive over a specified period.
Read how to invest in HRL stock here.

Comparing HRL to Sector and Country

HRL pays a solid dividend yield of 3.33%, which is higher than the average of the bottom 25% of dividend payers in the US market (0.92%). HRL’s dividend yield is lower than the average of the top 25% of dividend payers in the Consumer Defensive sector in the US market (5.88%), which means that there are more attractive dividend stocks to consider.

HRL Stock Competitors

Symbol Company Name Market Cap Amount Per Share Dividend Yield (TTM) Payout Ratio (TTM)
K
Kellogg Company 19.162B $0.560 4.20% 84.12%
CLX
Clorox Company (The) 17.665B $1.20 3.86% 719.51%
TSN
Tyson Foods Inc 20.304B $0.490 3.56% -78.97%
HRL
Hormel Foods Corporation 18.643B $0.283 3.33% 75.65%
MKC
McCormick & Company Incorporated 19.39B $0.420 2.90% 60.30%
FMX
Fomento Economico Mexicano SAB de CV 25.554B $1.13 2.78% 68.24%
KR
Kroger 39.953B $0.290 2.45% 36.78%
CHD
Church & Dwight Company Inc 25.242B $0.284 1.15% 35.27%
EDU
New Oriental 13.994B $0.450 0% -

FAQ

What factors can affect the amount of HRL's dividend payments?
The amount of HRL's dividends can fluctuate based on several factors, including the company's financial performance, earnings, cash flow, capital requirements, and overall market conditions. Changes in HRL sector's trends, interest rate shifts, and the company's operational adjustments can also influence dividend decisions.

Can dividends from HRL stock be automatically reinvested?
If HRL offers a Dividend Reinvestment Plan (DRIP), shareholders may have the option to automatically reinvest dividends to purchase additional shares. Please check with your brokerage for the availability and details of such a plan. Here's an easy guide on how to buy HRL stock.

How often does HRL pay dividend?
Hormel Foods Corporation (HRL) pays dividends quarterly. The most recent payout was on Feb 15, 2024. The upcoming dividend Ex Date is Apr 12, 2024, with an amount of $0.283.

How much does HRL pays per share?
The last recorder (Jan 12, 2024) dividend per share was $0.283.

What is HRL dividend growth rate?
Over the last year, Hormel Foods Corporation has witnessed growth rate of 2.73% . Looking back over the past 3 years, this growth rate has been 4.86%. Furthermore, examining the past 5 years, Hormel Foods Corporation has maintained an average Dividends Per Share Growth Rate of 6.11%.
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About Hormel Foods Corporation

Hormel Foods Hormel Foods Corporation develops, processes, and distributes various meat, nuts, and food products to retail, foodservice, deli, and commercial customers in the United States and internationally. The company operates through four segments: Grocery Products, Refrigerated Foods, Jennie-O Turkey Store, and International & Other. It provides various perishable products that include fresh meats, frozen items, refrigerated meal solutions, sausages, ha... HRL Profile

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