Hormel Foods Dividend
Dividend criteria checks 5/6
Hormel Foods is a dividend paying company with a current yield of 3.17% that is well covered by earnings.
Key information
3.2%
Dividend yield
76%
Payout ratio
Industry average yield | 2.9% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | €1.45 |
Dividend yield forecast in 3Y | 3.4% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: HO7's dividends per share have been stable in the past 10 years.
Growing Dividend: HO7's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
Hormel Foods Dividend Yield vs Market |
---|
Segment | Dividend Yield |
---|---|
Company (HO7) | 3.2% |
Market Bottom 25% (BG) | 0.8% |
Market Top 25% (BG) | 5.9% |
Industry Average (Food) | 2.9% |
Analyst forecast in 3 Years (HO7) | 3.4% |
Notable Dividend: HO7's dividend (3.17%) is higher than the bottom 25% of dividend payers in the BG market (0.83%).
High Dividend: HO7's dividend (3.17%) is low compared to the top 25% of dividend payers in the BG market (5.93%).
Earnings Payout to Shareholders
Earnings Coverage: At its current payout ratio (76.2%), HO7's payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (63.9%), HO7's dividend payments are covered by cash flows.