Hormel Foods Dividends and Buybacks
Dividend criteria checks 5/6
Hormel Foods is a dividend paying company with a current yield of 3.58% that is well covered by earnings. Next payment date is on 18th February, 2025 with an ex-dividend date of 13th January, 2025.
Key information
3.6%
Dividend yield
-0.2%
Buyback Yield
| Total Shareholder Yield | 3.3% |
| Future Dividend Yield | 4.0% |
| Dividend Growth | 7.3% |
| Next dividend pay date | 18 Feb 25 |
| Ex dividend date | 13 Jan 25 |
| Dividend per share | €1.130 |
| Payout ratio | 77% |
Recent dividend and buyback updates
Recent updates
Upcoming Dividend Payment
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) | 3.6% |
| Market Bottom 25% (AT) | 2.3% |
| Market Top 25% (AT) | 6.2% |
| Industry Average (Food) | 3.5% |
| Analyst forecast (HRL) (up to 3 years) | 4.0% |
Notable Dividend: HRL's dividend (3.58%) is higher than the bottom 25% of dividend payers in the Austrian market (2.31%).
High Dividend: HRL's dividend (3.58%) is low compared to the top 25% of dividend payers in the Austrian market (6.12%).
Earnings Payout to Shareholders
Earnings Coverage: At its current payout ratio (76.9%), HRL's payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (61.4%), HRL's dividend payments are covered by cash flows.
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/19 17:14 |
| End of Day Share Price | 2024/12/19 00:00 |
| Earnings | 2024/10/27 |
| Annual Earnings | 2024/10/27 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Hormel Foods Corporation is covered by 35 analysts. 9 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| John Staszak | Argus Research Company |
| Ishan Majumdar | Baptista Research |
| Benjamin Theurer | Barclays |