Hormel Foods Corporation Declares Quarterly Dividend

Rhea-AI Summary

Hormel Foods (NYSE: HRL) has declared a quarterly dividend of $0.29 per share, as authorized by its Board of Directors on May 19, 2025. The dividend will be paid on August 15, 2025, to stockholders of record as of July 14, 2025. This marks the company's 388th consecutive quarterly dividend payment, highlighting Hormel's remarkable track record of uninterrupted dividend payments since becoming a public company in 1928.

Positive

• 388th consecutive quarterly dividend payment, demonstrating strong dividend reliability
• Maintained consistent dividend payments since going public in 1928
• Regular dividend payments indicate stable cash flow and financial health

Negative

• None.

News Market Reaction – HRL

+0.07%

1 alert

+0.07% News Effect

On the day this news was published, HRL gained 0.07%, reflecting a mild positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

AUSTIN, Minn., May 19, 2025 /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 29.00 cents ($0.29) a share on May 19, 2025, will be paid August 15, 2025, to stockholders of record at the close of business on July 14, 2025.

The August 15 payment will be the 388^th 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, Minnesota, is a global branded food company with approximately $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 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. 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 hormelfoods.com.

Investor Relations                   Media Relations
ir@hormel.com                       media@hormel.com

 

View original content to download multimedia:https://www.prnewswire.com/news-releases/hormel-foods-corporation-declares-quarterly-dividend-302459529.html

SOURCE Hormel Foods Corporation

FAQ

What is Hormel Foods' (HRL) latest quarterly dividend amount for 2025?

Hormel Foods declared a quarterly dividend of $0.29 per share on May 19, 2025.

When will Hormel Foods (HRL) pay its next dividend in 2025?

Hormel Foods will pay its next dividend on August 15, 2025, to stockholders of record as of July 14, 2025.

How many consecutive quarterly dividends has Hormel Foods (HRL) paid?

Hormel Foods has paid 388 consecutive quarterly dividends, maintaining uninterrupted payments since becoming a public company in 1928.

What is the record date for Hormel Foods' (HRL) August 2025 dividend?

The record date for Hormel Foods' August 2025 dividend is July 14, 2025.