Hormel Foods Dividends and Buybacks
Dividend criteria checks 5/6
Hormel Foods is a dividend paying company with a current yield of 3.84% that is well covered by earnings.
Key information
3.8%
Dividend yield
-0.2%
Buyback Yield
| Total Shareholder Yield | 3.6% |
| Future Dividend Yield | 4.3% |
| Dividend Growth | 7.2% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | €1.130 |
| Payout ratio | 79% |
Recent dividend and buyback updates
Recent updates
Stability 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) | 3.8% |
| Market Bottom 25% (AT) | 2.1% |
| Market Top 25% (AT) | 6.2% |
| Industry Average (Food) | 3.4% |
| Analyst forecast (HRL) (up to 3 years) | 4.3% |
Notable Dividend: HRL's dividend (3.84%) is higher than the bottom 25% of dividend payers in the Austrian market (2.06%).
High Dividend: HRL's dividend (3.84%) is low compared to the top 25% of dividend payers in the Austrian market (6.21%).
Earnings Payout to Shareholders
Earnings Coverage: At its current payout ratio (78.7%), HRL's payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (68.6%), HRL's dividend payments are covered by cash flows.