Hormel Foods Corporation Declares Quarterly Dividend

Rhea-AI Summary

Hormel Foods (NYSE: HRL) has announced its quarterly dividend payment of $0.29 per share, as authorized by the Board of Directors on March 24, 2025. The dividend will be paid on May 15, 2025, to stockholders of record as of April 14, 2025.

This upcoming payment marks the company's 387th consecutive quarterly dividend distribution. Notably, Hormel Foods has maintained an uninterrupted record of quarterly dividend payments since its public listing in 1928.

Positive

• 387th consecutive quarterly dividend payment demonstrates strong dividend reliability
• Consistent dividend history since 1928 shows long-term financial stability
• Current quarterly dividend maintained at $0.29 per share

Negative

• None.

News Market Reaction – HRL

-1.54%

-1.54% Session move

In the trading session that priced this news, HRL declined 1.54%, reflecting a mild negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

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AUSTIN, Minn., March 24, 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 ($0.2900) a share on March 24, 2025, will be paid May 15, 2025, to stockholders of record at the close of business on April 14, 2025.

The May 15 payment will be the 387^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

 

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SOURCE Hormel Foods Corporation

FAQ

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

Hormel Foods will pay its next dividend on May 15, 2025.

What is the dividend amount for Hormel Foods (HRL) in Q2 2025?

The quarterly dividend amount is $0.29 per share.

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

The record date is April 14, 2025.

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

Hormel Foods has paid 387 consecutive quarterly dividends.

How long has Hormel Foods (HRL) maintained its dividend payment streak?

Hormel Foods has paid regular quarterly dividends without interruption since becoming public in 1928.