Hormel Foods Corporation Stock Dividends
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 3.30%.
Dividend Yield Range
AI Analysis of HRL
| Dividend Analysis | Generate |
Key Stats
| Dividend Yield (TTM) | 3.30% |
|---|---|
| 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.
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Mar 25, 2024 | Apr 12, 2024 | May 15, 2024 | $0.283 | 0.80% |
| 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
Growth potential
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 3.30%, 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 (5.91%), which means that there are more attractive dividend stocks to consider.
HRL Stock Competitors
| Symbol | Amount Per Share | Dividend Yield (TTM) | Payout Ratio (TTM) | ||
|---|---|---|---|---|---|
| Kellogg Company | 19.774B | $0.560 | 4.20% | 84.12% | |
| Clorox Company (The) | 18.352B | $1.20 | 4.19% | 185.00% | |
| Tyson Foods Inc | 21.188B | $0.490 | 3.56% | -78.97% | |
| Hormel Foods Corporation | 19.306B | $0.283 | 3.30% | 75.65% | |
| McCormick & Company Incorporated | 20.413B | $0.420 | 2.88% | 60.30% | |
| Fomento Economico Mexicano SAB de CV | 25.371B | $1.13 | 2.79% | 59.37% | |
| Kroger | 39.527B | $0.290 | 2.45% | 36.78% | |
| Church & Dwight Company Inc | 26.315B | $0.284 | 1.15% | 35.27% | |
| New Oriental | 12.976B | $0.450 | 0% | - |
