Hormel Foods Dividend
Dividend criteria checks 5/6
Hormel Foods is a dividend paying company with a current yield of 3.49% that is well covered by earnings.
Key information
3.5%
Dividend yield
80%
Payout ratio
Industry average yield | 3.1% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | US$1.130 |
Earnings per share | US$1.40 |
Dividend yield forecast in 3Y | 3.8% |
Recent dividend updates
Hormel Foods (NYSE:HRL) Is Due To Pay A Dividend Of $0.2825
May 24Hormel Foods (NYSE:HRL) Will Pay A Dividend Of $0.2825
Apr 03Recent updates
An Intrinsic Calculation For Hormel Foods Corporation (NYSE:HRL) Suggests It's 29% Undervalued
Aug 17Hormel Foods: How Good Is The Dividend Profile, And Is It A Good Buy Now?
Aug 16Hormel Foods Corporation's (NYSE:HRL) Popularity With Investors Is Clear
Jul 29Hormel Foods: The Reasons We Are Not Starting A Position
Jun 11Hormel: You Are Two-Thirds Of The Way There
Jun 05Hormel Foods (NYSE:HRL) Is Due To Pay A Dividend Of $0.2825
May 24Is Hormel Foods (NYSE:HRL) A Risky Investment?
May 12Hormel 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 05Stability 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) | 3.5% |
Market Bottom 25% (US) | 1.5% |
Market Top 25% (US) | 4.4% |
Industry Average (Food) | 3.1% |
Analyst forecast in 3 Years (HRL) | 3.8% |
Notable Dividend: HRL's dividend (3.49%) is higher than the bottom 25% of dividend payers in the US market (1.46%).
High Dividend: HRL's dividend (3.49%) is low compared to the top 25% of dividend payers in the US market (4.45%).
Earnings Payout to Shareholders
Earnings Coverage: At its current payout ratio (79.5%), HRL's payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (62.6%), HRL's dividend payments are covered by cash flows.