AUSTIN, Minn., March 23, 2026 /PRNewswire/ -- Hormel Foods Corporation (NYSE: HRL), a Fortune 500 global branded food company, today announced its quarterly dividend on the common stock, authorized by the Board of Directors at 29.25 cents ($0.2925) a share on March 23, 2026, will be paid May 15, 2026, to stockholders of record at the close of business on April 13, 2026.
The May 15 payment will be the 391st consecutive quarterly dividend paid by the company. Since becoming a public company in 1928, Hormel Foods Corporation has paid a regular quarterly dividend without interruption.
About Hormel Foods
Hormel Foods Corporation, based in Austin, Minnesota, is a global branded food company with over $12 billion in annual revenue. Its brands include Planters®, Skippy®, SPAM®, Hormel® Natural Choice®, Applegate®, Wholly®, Hormel® Black Label®, Columbus®, Jennie-O® and more than 30 other beloved brands. The Company is a member of the S&P 500 Index and the S&P 500 Dividend Aristocrats, was named one of the best companies to work for by U.S. News & World Report and one of America's most responsible companies by Newsweek, was recognized by TIME magazine as one of the World's Best Companies and has received numerous other awards and accolades for its corporate responsibility and community service efforts. For more information, visit hormelfoods.com.
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SOURCE Hormel Foods Corporation
FAQ
What dividend did Hormel Foods (HRL) declare on March 23, 2026?
Hormel Foods declared a quarterly dividend of $0.2925 per share, payable May 15, 2026, to holders of record on April 13, 2026. According to the company, this distribution continues its long history of regular quarterly payments dating to 1928.
When will Hormel Foods (HRL) pay the March 23, 2026 dividend and who is eligible?
The dividend will be paid on May 15, 2026 to shareholders of record at the close of business on April 13, 2026. According to the company, shareholders on the April 13 record date will receive the May 15 payment.
How significant is the 391st consecutive dividend for Hormel Foods (HRL)?
The May 15 payment marks the 391st consecutive quarterly dividend, underscoring a long payout record. According to the company, Hormel Foods has paid a regular quarterly dividend without interruption since becoming public in 1928.
How can HRL shareholders ensure they receive the May 15, 2026 dividend?
To receive the dividend, investors must be shareholders of record at market close on April 13, 2026. According to the company, brokers typically record ownership before that date to qualify shareholders for the May 15 payment.
What does the $0.2925 dividend mean for HRL investors in practical terms?
The $0.2925 per-share cash dividend provides a direct cash return to shareholders on May 15, 2026. According to the company, this distribution continues its uninterrupted quarterly payout practice, signaling consistent capital returns to investors.