Hormel Foods Announces 51st Consecutive Increase to Annual Dividend

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Hormel Foods (HRL) Posts Q4 EPS of $0.45; Guides FY17 EPS

November 22, 2016 6:31 AM EST

Hormel Foods (NYSE: HRL) reported Q4 EPS of $0.45, versus the analyst estimate of $0.46. Revenue for the quarter came in at $2.63 billion versus the consensus estimate of $2.64 billion.

GUIDANCE:

Hormel Foods sees FY2017 EPS of $1.68-$1.74, versus the consensus of... More

Hormel Foods (HRL) Raises Quarterly Dividend 17.2% to $0.17; 1.9% Yield

November 21, 2016 4:50 PM EST

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,... More