Hormel Foods Dividend
Dividend criteria checks 5/6
Hormel Foods is a dividend paying company with a current yield of 3.11% that is well covered by earnings.
Key information
3.1%
Dividend yield
76%
Payout ratio
Industry average yield | 2.0% |
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 | 3.4% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 0J5Z's dividends per share have been stable in the past 10 years.
Growing Dividend: 0J5Z's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
Hormel Foods Dividend Yield vs Market |
---|
Segment | Dividend Yield |
---|---|
Company (0J5Z) | 3.1% |
Market Bottom 25% (GB) | 2.0% |
Market Top 25% (GB) | 5.7% |
Industry Average (Food) | 2.0% |
Analyst forecast in 3 Years (0J5Z) | 3.4% |
Notable Dividend: 0J5Z's dividend (3.11%) is higher than the bottom 25% of dividend payers in the UK market (2.04%).
High Dividend: 0J5Z's dividend (3.11%) is low compared to the top 25% of dividend payers in the UK market (5.71%).
Earnings Payout to Shareholders
Earnings Coverage: At its current payout ratio (76.2%), 0J5Z's payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (63.9%), 0J5Z's dividend payments are covered by cash flows.