Hormel Foods Dividend
Dividend criteria checks 5/6
Hormel Foods is a dividend paying company with a current yield of 3.19% that is well covered by earnings.
Key information
3.2%
Dividend yield
76%
Payout ratio
| Industry average yield | 3.1% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | n/a |
| Earnings per share | US$1.45 |
| Dividend yield forecast in 3Y | 3.5% |
Recent dividend updates
Hormel Foods (NYSE:HRL) Will Pay A Dividend Of $0.2825
Apr 03
Hormel Foods' (NYSE:HRL) Shareholders Will Receive A Bigger Dividend Than Last Year
Dec 22Hormel Foods (NYSE:HRL) Is Increasing Its Dividend To $0.2825
Dec 08Hormel Foods' (NYSE:HRL) Dividend Will Be Increased To $0.2825
Nov 24Recent updates
Hormel Foods: A Wait And See Approach For This Dividend King
Apr 30Hormel: Hit The Fade And Look To Buy Below $25
Apr 22Hormel Foods Corporation (NYSE:HRL) Shares Could Be 31% Below Their Intrinsic Value Estimate
Apr 21Hormel Foods (NYSE:HRL) Will Pay A Dividend Of $0.2825
Apr 03The Reasons Hormel Foods Has Fallen Out Of Favor With Us
Mar 20Hormel: Mixed Outlook For This Dividend King
Mar 14Hormel Foods Corporation Just Beat EPS By 21%: Here's What Analysts Think Will Happen Next
Mar 03Hormel: Peak Pessimism, Buy For A Trade And Then Hit The Fade
Feb 15Hormel: Discounted Dividend King With Historically High Yield
Feb 08Down 40%, 3.6%-Yielding Hormel Foods Has Become Very Attractive
Jan 15These 4 Measures Indicate That Hormel Foods (NYSE:HRL) Is Using Debt Reasonably Well
Jan 10Hormel: This Dividend King Is Getting Very Old
Jan 05Hormel Foods' (NYSE:HRL) Shareholders Will Receive A Bigger Dividend Than Last Year
Dec 22Hormel Foods (NYSE:HRL) Is Increasing Its Dividend To $0.2825
Dec 08Hormel Is A Historic Buy, And So Are These 6%-Yielding Dividend Aristocrats
Dec 06Hormel Foods' (NYSE:HRL) Dividend Will Be Increased To $0.2825
Nov 24Hormel Foods: Q4 Earnings Might Not Look Pretty
Nov 20Hormel Foods: Getting Closer To A Buy
Nov 13Hormel Foods Stock: Caution, Just Caution
Oct 11Here's Why Hormel Foods (NYSE:HRL) Can Manage Its Debt Responsibly
Sep 05Hormel Feeds The Bears Some More
Aug 31Hormel Foods: Still Not Worth It
Aug 15Calculating The Fair Value Of Hormel Foods Corporation (NYSE:HRL)
Aug 14Hormel Foods Will Return To Growth
Jun 08Hormel Foods (NYSE:HRL) Seems To Use Debt Quite Sensibly
Jun 07Hormel Dividends: Where's The Juice?
May 31Estimating The Fair Value Of Hormel Foods Corporation (NYSE:HRL)
May 08Hormel Foods (NYSE:HRL) Has Announced That It Will Be Increasing Its Dividend To $0.275
Apr 05Is Hormel Foods (NYSE:HRL) A Risky Investment?
Feb 28Hormel Foods: A Great, But Overvalued Consumer Staples Stock
Feb 12A Look At The Fair Value Of Hormel Foods Corporation (NYSE:HRL)
Jan 27Hormel Foods (NYSE:HRL) Is Increasing Its Dividend To $0.275
Jan 12Hormel: A Mini Spam Bubble Becomes Less Expensive
Jan 11Hormel Foods - Not Too Delicious
Dec 28Hormel Foods' (NYSE:HRL) Dividend Will Be Increased To $0.275
Dec 21Hormel Foods makes minority investment in Garudafood
Dec 16We Remain Bullish On Hormel Foods Despite The Selloff
Dec 07Hormel Foods (NYSE:HRL) Is Increasing Its Dividend To $0.275
Nov 25Stability and Growth of Payments
Fetching dividends data
Stable Dividend: HRL's dividends per share have been stable in the past 10 years.
Growing Dividend: HRL's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Hormel Foods Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (HRL) | 3.2% |
| Market Bottom 25% (US) | 1.5% |
| Market Top 25% (US) | 4.7% |
| Industry Average (Food) | 3.1% |
| Analyst forecast in 3 Years (HRL) | 3.5% |
Notable Dividend: HRL's dividend (3.19%) is higher than the bottom 25% of dividend payers in the US market (1.54%).
High Dividend: HRL's dividend (3.19%) is low compared to the top 25% of dividend payers in the US market (4.75%).
Earnings Payout to Shareholders
Earnings Coverage: At its current payout ratio (76.2%), HRL's payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (63.9%), HRL's dividend payments are covered by cash flows.