Hormel Foods (NYSE: HRL) declared a quarterly dividend of $0.25 per share, or $1 annualized. This is a 25% increase from the prior dividend of $0.20.

The dividend will be payable on February 17, 2015, to stockholders of record on January 20, 2015, with an ex-dividend date of January 15, 2015.

The annual yield on the dividend is 1.8 percent.

For a dividend history and other dividend-related data on Hormel Foods (HRL) click here.