Hormel Foods (HRL) Raises Quarterly Dividend 17.2% to $0.17; 1.9% Yield
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Hormel Foods Announces 51st Consecutive Increase to Annual Dividend
November 21, 2016 4:45 PM ESTAUSTIN, Minn.--(BUSINESS WIRE)-- The Board of Directors of Hormel Foods Corporation (NYSE: HRL), a multinational marketer of consumer-branded food and meat products, today announced a 17 percent increase to the annual dividend to shareholders, marking the 51st consecutive annual dividend increase.
The annual dividend on the common stock of the corporation was raised to $0.68 per share from $0.58 per share.
The Board of Directors authorized the... More
