Hormel Foods (NYSE: HRL) declared a quarterly dividend of $0.17 per share, or $0.68 annualized. This is a 17.2% increase from the prior dividend of $0.145.

The dividend will be payable on February 15, 2017, to stockholders of record on January 17, 2017, with an ex-dividend date of January 12, 2017.

The annual yield on the dividend is 1.9 percent.

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