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Hormel Foods Corporation Declares Quarterly Dividend

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Hormel Foods (HRL) declares a quarterly dividend of 28.25 cents per share, continuing its streak of 383 consecutive quarterly dividends since 1928.
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AUSTIN, Minn., March 25, 2024 /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 28.25 cents ($0.2825) a share on March 25, 2024, will be paid May 15, 2024, to stockholders of record at the close of business on April 15, 2024.

The May 15 payment will be the 383rd 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 — Inspired People. Inspired Food.™
Hormel Foods Corporation, based in Austin, Minn., is a global branded food company with over $12 billion in annual revenue across more than 80 countries worldwide. Its brands include Planters®, SKIPPY®, SPAM®, Hormel® Natural Choice®, Applegate®, Justin's®, 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, one of America's most responsible companies by Newsweek, recognized on Fast Company's list of the 100 Best Workplaces for Innovators, received a perfect score of 100 on the 2023–24 Corporate Equality Index and has received numerous other awards and accolades for its corporate responsibility and community service efforts. The company lives by its purpose statement — Inspired People. Inspired Food.™ — to bring some of the world's most trusted and iconic brands to tables across the globe. For more information, visit www.hormelfoods.com.

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SOURCE Hormel Foods Corporation

Hormel Foods (HRL) announced a quarterly dividend of 28.25 cents per share.

The dividend will be paid on May 15, 2024, to stockholders of record as of April 15, 2024.

Hormel Foods (HRL) has paid 383 consecutive quarterly dividends since becoming a public company in 1928.
Hormel Foods Corp.

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Animal (except Poultry) Slaughtering
Manufacturing
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Consumer Non-Durables, Food: Meat/Fish/Dairy, Manufacturing, Animal (except Poultry) Slaughtering
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Austin

About HRL

hormel foods is a fortune 500, multinational manufacturer and marketer of consumer-branded food and meat products, many of which are among the best known and trusted in the food industry. the company leverages its extensive expertise, innovation and high competencies in pork and turkey processing and marketing to bring quality, value-added brands to the global marketplace. the company enjoys a strong reputation among consumers, retail grocers, foodservice and industrial customers for products highly regarded for quality, taste, nutrition, convenience and value. this diverse portfolio of products includes hams, bacon, sausages, franks, canned luncheon meats, stews, chilis, hash, meat spreads, shelf-stable microwaveable entrees and salsas.