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Hormel Foods Corporation Stock Dividends Overview

HRL pays dividends quarterly. Last paid amount was $0.283 at May 15, 2024. As of today, dividend yield (TTM) is 3.29%.

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.
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Dividend Analysis

Key Stats

Dividend Yield (TTM) 3.29%
Frequency Quarterly
1Y Growth 2.73%
Payout Ratio 0
Amount Per Share $0.283
Hormel Foods Corporation has not yet announced its next dividend date. Last payment date was: 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
41 Mar 24, 2014 Apr 16, 2014 May 15, 2014 $0.100 0.410%
42 Nov 26, 2013 Jan 17, 2014 Feb 14, 2014 $0.100 0.443%
43 Sep 23, 2013 Oct 17, 2013 Nov 15, 2013 $0.0850 0.387%
44 May 20, 2013 Jul 18, 2013 Aug 15, 2013 $0.0850 0.398%
45 Mar 25, 2013 Apr 18, 2013 May 15, 2013 $0.0850 0.395%
46 Nov 20, 2012 Jan 17, 2013 Feb 15, 2013 $0.0850 0.471%
47 Sep 24, 2012 Oct 18, 2012 Nov 15, 2012 $0.0750 0.490%
48 May 21, 2012 Jul 19, 2012 Aug 15, 2012 $0.0750 0.525%
49 Mar 26, 2012 Apr 19, 2012 May 15, 2012 $0.0750 0.510%
50 Nov 21, 2011 Jan 19, 2012 Feb 15, 2012 $0.0750 0.518%

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 (11.20%)

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 3.29%, 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 (5.81%), 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 21.139B $0.560 4.20% 85.76%
CLX
Clorox Company (The) 17.189B $1.20 4.14% 246.67%
TSN
Tyson Foods Inc 21.212B $0.490 3.56% -109.92%
HRL
Hormel Foods Corporation 19.498B $0.283 3.29% 75.65%
MKC
McCormick & Company Incorporated 20.031B $0.420 2.88% 60.30%
KR
Kroger 39.289B $0.290 2.40% 36.78%
FMX
Fomento Economico Mexicano SAB de CV 26.162B $1.13 1.78% 59.37%
CHD
Church & Dwight Company Inc 26.208B $0.284 1.12% 34.51%
EDU
New Oriental 14.439B $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 May 15, 2024.

How much does HRL pays per share?
The last recorder (Apr 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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