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

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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

Hormel Foods (HRL) to Sell Clougherty Packing and Other Assets for $145M

November 21, 2016 4:25 PM EST

Hormel Foods Corporation (NYSE: HRL) today announced it has entered into a definitive agreement to sell Clougherty Packing, LLC, parent company of Farmer John and Saags Specialty Meats, along with PFFJ, LLC farm operations in California, Arizona, and Wyoming to Smithfield Foods, Inc.... More