Hormel Foods Announces 50th Consecutive Increase to Annual Dividend

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Hormel Foods (HRL) Raises Quarterly Dividend 16% to $0.29; 1.7% Yield

November 23, 2015 4:30 PM EST

Hormel Foods (NYSE: HRL) declared a quarterly dividend of $0.29 per share, or $1.16 annualized. This is a 16% increase from the prior dividend of $0.25.

The dividend will be payable on February 16, 2016, to stockholders of record on January 19, 2016, with an ex-dividend date of January 14,... More