Hormel Foods (HRL) Dividends
Price: $28.81
Market Cap: $15.84B
Avg Volume: 3.01M
Market Cap: $15.84B
Avg Volume: 3.01M
Country: US
Industry: Packaged Foods
Sector: Consumer Defensive
Industry: Packaged Foods
Sector: Consumer Defensive
Dividend Overview
Hormel Foods (HRL) pays a dividend to its shareholders. Here are the key details:
Dividend Basics
- Annual Dividend per Share: $1.1375
- Ex-Dividend Date: January 13, 2025
- Total Dividends Paid (Last Year): $614.96M
Dividend Metrics
- Dividend Yield: 3.63%
- Payout Ratio: 76.39%
- Dividend Growth (YoY): -3.72%
Dividend Yield
3.63%
Dividend Payout Ratio
76.39%
Dividend Paid & Capex Coverage Ratio
1.45x
Hormel Foods pays an annual dividend of $1.1375 per share. This means that for each share you own, you'll receive $1.1375 in dividends over the course of a year, typically paid in quarterly installments.
The most recent ex-dividend date was January 13, 2025. Ex-dividend dates are typically announced in advance of each dividend payment. If you purchase the stock before the ex-dividend date, you'll be eligible for the upcoming dividend payment.
In the last fiscal year, Hormel Foods paid a total of $614.96M in dividends to its shareholders. This substantial amount underscores the company's commitment to returning value to its investors.
Currently, Hormel Foods's dividend yield stands at 3.63%. To put this in perspective, if you invest $100 in Hormel Foods's stock at the current price, you can expect to receive approximately $3.63 in annual dividend income.
The company's dividend payout ratio is 76.39%. This means that Hormel Foods is distributing 76.39% of its earnings to shareholders as dividends, while retaining the rest for reinvestment, debt reduction, or other corporate purposes.
Compared to the previous year, Hormel Foods's dividend has decreased by -3.72%. This decrease may differ from the growth in dividends per share if the number of outstanding shares has changed.
Dividend History and Growth
Hormel Foods (HRL) dividend payments have grown -3.72% over the past year
Note: This growth rate represents the year-over-year growth in total dividends paid by the company, which may differ from the growth in dividends per share if the number of outstanding shares has changed.
Hormel Foods Dividend History
| Dividend | Adjusted Dividend | Date | Record Date | Payment Date | Declaration Date |
|---|---|---|---|---|---|
| $0.29 | $0.29 | January 13, 2025 | January 13, 2025 | February 18, 2025 | November 25, 2024 |
| $0.2825 | $0.2825 | October 15, 2024 | October 15, 2024 | November 15, 2024 | September 23, 2024 |
| $0.2825 | $0.2825 | July 15, 2024 | July 15, 2024 | August 15, 2024 | May 20, 2024 |
| $0.2825 | $0.2825 | April 12, 2024 | April 15, 2024 | May 15, 2024 | March 25, 2024 |
| $0.2825 | $0.2825 | January 12, 2024 | January 16, 2024 | February 15, 2024 | November 20, 2023 |
| $0.275 | $0.275 | October 13, 2023 | October 16, 2023 | November 15, 2023 | September 25, 2023 |
| $0.275 | $0.275 | July 14, 2023 | July 17, 2023 | August 15, 2023 | May 22, 2023 |
| $0.275 | $0.275 | April 14, 2023 | April 17, 2023 | May 15, 2023 | March 27, 2023 |
| $0.275 | $0.275 | January 13, 2023 | January 17, 2023 | February 15, 2023 | November 21, 2022 |
| $0.26 | $0.26 | October 14, 2022 | October 17, 2022 | November 15, 2022 | September 26, 2022 |
| $0.26 | $0.26 | July 08, 2022 | July 11, 2022 | August 15, 2022 | May 23, 2022 |
| $0.26 | $0.26 | April 08, 2022 | April 11, 2022 | May 16, 2022 | March 28, 2022 |
| $0.26 | $0.26 | January 14, 2022 | January 18, 2022 | February 15, 2022 | November 22, 2021 |
| $0.245 | $0.245 | October 15, 2021 | October 18, 2021 | November 15, 2021 | September 27, 2021 |
| $0.245 | $0.245 | July 09, 2021 | July 12, 2021 | August 16, 2021 | May 24, 2021 |
| $0.245 | $0.245 | April 09, 2021 | April 12, 2021 | May 17, 2021 | March 22, 2021 |
| $0.245 | $0.245 | January 08, 2021 | January 11, 2021 | February 16, 2021 | November 23, 2020 |
| $0.2325 | $0.2325 | October 16, 2020 | October 19, 2020 | November 16, 2020 | September 29, 2020 |
| $0.2325 | $0.2325 | July 10, 2020 | July 13, 2020 | August 17, 2020 | May 18, 2020 |
| $0.2325 | $0.2325 | April 09, 2020 | April 13, 2020 | May 15, 2020 | March 23, 2020 |
| $0.2325 | $0.2325 | January 10, 2020 | January 13, 2020 | February 18, 2020 | November 25, 2019 |
| $0.21 | $0.21 | October 18, 2019 | October 21, 2019 | November 15, 2019 | September 23, 2019 |
| $0.21 | $0.21 | July 12, 2019 | July 15, 2019 | August 15, 2019 | May 21, 2019 |
| $0.21 | $0.21 | April 12, 2019 | April 15, 2019 | May 15, 2019 | March 25, 2019 |
| $0.21 | $0.21 | January 11, 2019 | January 14, 2019 | February 15, 2019 | November 19, 2018 |
| $0.1875 | $0.1875 | October 19, 2018 | October 22, 2018 | November 15, 2018 | September 24, 2018 |
| $0.1875 | $0.1875 | July 13, 2018 | July 16, 2018 | August 15, 2018 | May 21, 2018 |
| $0.1875 | $0.1875 | April 13, 2018 | April 16, 2018 | May 15, 2018 | March 26, 2018 |
| $0.1875 | $0.1875 | January 11, 2018 | January 15, 2018 | February 15, 2018 | November 20, 2017 |
| $0.17 | $0.17 | October 20, 2017 | October 23, 2017 | November 15, 2017 | September 22, 2017 |
| $0.17 | $0.17 | July 13, 2017 | July 17, 2017 | August 15, 2017 | May 23, 2017 |
| $0.17 | $0.17 | April 13, 2017 | April 18, 2017 | May 15, 2017 | March 31, 2017 |
| $0.17 | $0.17 | January 12, 2017 | January 17, 2017 | February 15, 2017 | November 22, 2016 |
| $0.145 | $0.145 | October 20, 2016 | October 24, 2016 | November 15, 2016 | September 27, 2016 |
| $0.145 | $0.145 | July 14, 2016 | July 18, 2016 | August 15, 2016 | May 24, 2016 |
| $0.145 | $0.145 | April 14, 2016 | April 18, 2016 | May 16, 2016 | March 30, 2016 |
| $0.29 | $0.145 | January 14, 2016 | January 19, 2016 | February 16, 2016 | November 24, 2015 |
| $0.25 | $0.125 | October 15, 2015 | October 19, 2015 | November 16, 2015 | September 29, 2015 |
| $0.25 | $0.125 | July 16, 2015 | July 20, 2015 | August 17, 2015 | May 19, 2015 |
| $0.25 | $0.125 | April 16, 2015 | April 20, 2015 | May 15, 2015 | March 24, 2015 |
| $0.25 | $0.125 | January 15, 2015 | January 20, 2015 | February 17, 2015 | November 25, 2014 |
| $0.2 | $0.1 | October 16, 2014 | October 20, 2014 | November 14, 2014 | September 23, 2014 |
| $0.2 | $0.1 | July 17, 2014 | July 21, 2014 | August 15, 2014 | May 19, 2014 |
| $0.2 | $0.1 | April 16, 2014 | April 21, 2014 | May 15, 2014 | March 24, 2014 |
| $0.2 | $0.1 | January 17, 2014 | January 22, 2014 | February 14, 2014 | November 26, 2013 |
| $0.17 | $0.085 | October 17, 2013 | October 21, 2013 | November 15, 2013 | September 24, 2013 |
| $0.17 | $0.085 | July 18, 2013 | July 22, 2013 | August 15, 2013 | May 20, 2013 |
| $0.17 | $0.085 | April 18, 2013 | April 22, 2013 | May 15, 2013 | March 25, 2013 |
| $0.17 | $0.085 | January 17, 2013 | January 22, 2013 | February 15, 2013 | January 02, 2013 |
| $0.15 | $0.075 | October 18, 2012 | October 22, 2012 | November 15, 2012 | September 24, 2012 |
| $0.15 | $0.075 | July 19, 2012 | July 23, 2012 | August 15, 2012 | May 23, 2012 |
| $0.15 | $0.075 | April 19, 2012 | April 23, 2012 | May 15, 2012 | March 28, 2012 |
| $0.15 | $0.075 | January 19, 2012 | January 23, 2012 | February 15, 2012 | November 23, 2011 |
| $0.1275 | $0.06375 | October 19, 2011 | October 22, 2011 | November 15, 2011 | September 27, 2011 |
| $0.1275 | $0.06375 | July 20, 2011 | July 23, 2011 | August 15, 2011 | May 25, 2011 |
| $0.1275 | $0.06375 | April 19, 2011 | April 23, 2011 | May 15, 2011 | March 30, 2011 |
| $0.255 | $0.06375 | January 19, 2011 | January 23, 2011 | February 15, 2011 | November 23, 2010 |
| $0.21 | $0.0525 | October 20, 2010 | October 23, 2010 | November 15, 2010 | September 29, 2010 |
| $0.21 | $0.0525 | July 21, 2010 | July 24, 2010 | August 15, 2010 | May 25, 2010 |
| $0.21 | $0.0525 | April 14, 2010 | April 17, 2010 | May 15, 2010 | March 24, 2010 |
| $0.21 | $0.0525 | January 20, 2010 | January 23, 2010 | February 15, 2010 | November 25, 2009 |
| $0.19 | $0.0475 | October 21, 2009 | October 24, 2009 | November 15, 2009 | October 07, 2009 |
| $0.19 | $0.0475 | July 15, 2009 | July 18, 2009 | August 15, 2009 | May 20, 2009 |
| $0.19 | $0.0475 | April 15, 2009 | April 18, 2009 | May 15, 2009 | March 24, 2009 |
| $0.19 | $0.0475 | January 21, 2009 | January 24, 2009 | February 15, 2009 | November 25, 2008 |
| $0.185 | $0.04625 | October 15, 2008 | October 18, 2008 | November 15, 2008 | September 23, 2008 |
| $0.185 | $0.04625 | July 16, 2008 | July 19, 2008 | August 15, 2008 | May 20, 2008 |
| $0.185 | $0.04625 | April 16, 2008 | April 19, 2008 | May 15, 2008 | April 01, 2008 |
| $0.185 | $0.04625 | January 16, 2008 | January 19, 2008 | February 15, 2008 | November 20, 2007 |
| $0.15 | $0.0375 | October 17, 2007 | October 20, 2007 | November 15, 2007 | October 02, 2007 |
| $0.15 | $0.0375 | July 18, 2007 | July 21, 2007 | August 15, 2007 | May 22, 2007 |
| $0.15 | $0.0375 | April 18, 2007 | April 21, 2007 | May 15, 2007 | March 27, 2007 |
| $0.15 | $0.0375 | January 17, 2007 | January 20, 2007 | February 15, 2007 | November 21, 2006 |
| $0.14 | $0.035 | October 18, 2006 | October 21, 2006 | November 15, 2006 | September 27, 2006 |
| $0.14 | $0.035 | July 19, 2006 | July 22, 2006 | August 15, 2006 | May 23, 2006 |
| $0.14 | $0.035 | April 19, 2006 | April 22, 2006 | May 15, 2006 | March 28, 2006 |
| $0.14 | $0.035 | January 18, 2006 | January 21, 2006 | February 15, 2006 | November 21, 2005 |
| $0.13 | $0.0325 | October 19, 2005 | October 22, 2005 | November 15, 2005 | September 28, 2005 |
| $0.13 | $0.0325 | July 20, 2005 | July 23, 2005 | August 15, 2005 | May 23, 2005 |
| $0.13 | $0.0325 | April 20, 2005 | April 23, 2005 | May 15, 2005 | March 29, 2005 |
| $0.13 | $0.0325 | January 19, 2005 | January 22, 2005 | February 15, 2005 | November 22, 2004 |
| $0.1125 | $0.02825 | October 20, 2004 | October 23, 2004 | November 15, 2004 | September 20, 2004 |
| $0.1125 | $0.02825 | July 21, 2004 | July 24, 2004 | August 15, 2004 | May 24, 2004 |
| $0.1125 | $0.02825 | April 14, 2004 | April 17, 2004 | May 15, 2004 | March 26, 2004 |
| $0.1125 | $0.02825 | January 21, 2004 | January 24, 2004 | February 15, 2004 | November 26, 2003 |
| $0.105 | $0.02625 | October 15, 2003 | October 18, 2003 | November 15, 2003 | September 25, 2003 |
| $0.105 | $0.02625 | July 16, 2003 | July 19, 2003 | August 15, 2003 | May 22, 2003 |
| $0.105 | $0.02625 | April 15, 2003 | April 19, 2003 | May 15, 2003 | March 27, 2003 |
| $0.105 | $0.02625 | January 15, 2003 | January 18, 2003 | February 15, 2003 | November 25, 2002 |
| $0.0975 | $0.0245 | October 16, 2002 | October 19, 2002 | November 15, 2002 | October 01, 2002 |
| $0.0975 | $0.0245 | July 17, 2002 | July 20, 2002 | August 15, 2002 | May 24, 2002 |
| $0.0975 | $0.0245 | April 17, 2002 | April 20, 2002 | May 15, 2002 | March 27, 2002 |
| $0.0975 | $0.0245 | January 16, 2002 | January 19, 2002 | February 14, 2002 | November 21, 2001 |
| $0.023 | $0.00575 | October 17, 2001 | October 20, 2001 | November 15, 2001 | September 25, 2001 |
| $0.0925 | $0.02325 | July 18, 2001 | July 21, 2001 | August 15, 2001 | May 22, 2001 |
| $0.0925 | $0.02325 | April 18, 2001 | April 21, 2001 | May 15, 2001 | April 03, 2001 |
| $0.0925 | $0.02325 | January 17, 2001 | January 20, 2001 | February 15, 2001 | November 27, 2000 |
| $0.0875 | $0.021875 | October 18, 2000 | October 21, 2000 | November 15, 2000 | September 26, 2000 |
| $0.0875 | $0.021875 | July 19, 2000 | July 22, 2000 | August 15, 2000 | May 22, 2000 |
| $0.0875 | $0.021875 | April 18, 2000 | April 22, 2000 | May 15, 2000 | March 27, 2000 |
| $0.175 | $0.021875 | January 19, 2000 | January 22, 2000 | February 15, 2000 | November 23, 1999 |
| $0.165 | $0.020625 | October 20, 1999 | October 23, 1999 | November 15, 1999 | October 04, 1999 |
| $0.165 | $0.020625 | July 21, 1999 | July 24, 1999 | August 15, 1999 | May 25, 1999 |
| $0.165 | $0.020625 | April 14, 1999 | April 17, 1999 | May 15, 1999 | March 22, 1999 |
| $0.165 | $0.020625 | January 20, 1999 | January 23, 1999 | February 15, 1999 | November 25, 1998 |
| $0.16 | $0.02 | October 21, 1998 | October 24, 1998 | November 15, 1998 | September 29, 1998 |
| $0.16 | $0.02 | July 15, 1998 | July 18, 1998 | August 15, 1998 | May 18, 1998 |
| $0.16 | $0.02 | April 15, 1998 | April 18, 1998 | May 15, 1998 | March 23, 1998 |
| $0.16 | $0.02 | January 21, 1998 | January 24, 1998 | February 15, 1998 | November 26, 1997 |
| $0.155 | $0.019375 | October 15, 1997 | October 18, 1997 | November 15, 1997 | September 29, 1997 |
| $0.155 | $0.019375 | July 16, 1997 | July 19, 1997 | August 15, 1997 | May 19, 1997 |
| $0.155 | $0.019375 | April 16, 1997 | April 19, 1997 | May 15, 1997 | March 24, 1997 |
| $0.155 | $0.019375 | January 15, 1997 | January 18, 1997 | February 14, 1997 | November 25, 1996 |
| $0.15 | $0.01875 | October 16, 1996 | October 19, 1996 | November 15, 1996 | September 30, 1996 |
| $0.15 | $0.01875 | July 17, 1996 | July 20, 1996 | August 15, 1996 | May 20, 1996 |
| $0.15 | $0.01875 | April 17, 1996 | April 20, 1996 | May 15, 1996 | March 25, 1996 |
| $0.15 | $0.01875 | January 17, 1996 | January 20, 1996 | February 15, 1996 | November 20, 1995 |
| $0.145 | $0.018125 | October 18, 1995 | October 21, 1995 | November 15, 1995 | September 18, 1995 |
| $0.145 | $0.018125 | July 19, 1995 | July 22, 1995 | August 15, 1995 | May 22, 1995 |
| $0.145 | $0.0175 | April 17, 1995 | April 22, 1995 | May 15, 1995 | March 27, 1995 |
| $0.145 | $0.0175 | January 13, 1995 | January 21, 1995 | February 15, 1995 | |
| $0.125 | $0.015625 | October 17, 1994 | October 22, 1994 | November 15, 1994 | |
| $0.125 | $0.015625 | July 18, 1994 | July 23, 1994 | August 15, 1994 | |
| $0.125 | $0.015625 | April 18, 1994 | April 23, 1994 | May 15, 1994 | |
| $0.125 | $0.015625 | January 14, 1994 | January 22, 1994 | February 15, 1994 | |
| $0.11 | $0.01375 | October 18, 1993 | October 23, 1993 | November 15, 1993 | |
| $0.11 | $0.01375 | July 19, 1993 | July 24, 1993 | August 15, 1993 | |
| $0.11 | $0.01375 | April 12, 1993 | April 17, 1993 | May 15, 1993 | |
| $0.11 | $0.01375 | January 15, 1993 | January 23, 1993 | February 15, 1993 | |
| $0.09 | $0.01125 | October 19, 1992 | October 24, 1992 | November 15, 1992 | |
| $0.09 | $0.01125 | July 13, 1992 | July 18, 1992 | August 15, 1992 | |
| $0.09 | $0.01125 | April 10, 1992 | April 18, 1992 | May 15, 1992 | |
| $0.09 | $0.01125 | January 13, 1992 | January 18, 1992 | February 15, 1992 | |
| $0.075 | $0.009375 | October 11, 1991 | October 19, 1991 | November 15, 1991 | |
| $0.075 | $0.009375 | July 15, 1991 | July 20, 1991 | August 15, 1991 | |
| $0.075 | $0.009375 | April 15, 1991 | April 20, 1991 | May 15, 1991 | |
| $0.075 | $0.009375 | January 14, 1991 | January 19, 1991 | February 15, 1991 | |
| $0.065 | $0.008125 | October 15, 1990 | October 20, 1990 | November 15, 1990 | September 26, 1990 |
| $0.065 | $0.008125 | July 16, 1990 | July 21, 1990 | August 15, 1990 | June 04, 1990 |
| $0.065 | $0.008125 | April 16, 1990 | April 21, 1990 | May 15, 1990 | March 28, 1990 |
| $0.13 | $0.008125 | January 12, 1990 | January 20, 1990 | February 15, 1990 | November 24, 1989 |
| $0.11 | $0.006875 | October 16, 1989 | October 21, 1989 | November 15, 1989 | September 27, 1989 |
| $0.11 | $0.006875 | July 17, 1989 | July 22, 1989 | August 15, 1989 | May 24, 1989 |
| $0.11 | $0.006875 | April 17, 1989 | April 21, 1989 | May 15, 1989 | March 29, 1989 |
| $0.11 | $0.006875 | January 13, 1989 | January 20, 1989 | February 15, 1989 | November 29, 1988 |
| $0.09 | $0.005625 | October 17, 1988 | October 21, 1988 | November 15, 1988 | September 28, 1988 |
| $0.09 | $0.005625 | July 18, 1988 | July 22, 1988 | August 15, 1988 | May 25, 1988 |
| $0.09 | $0.005625 | April 18, 1988 | April 22, 1988 | May 15, 1988 | March 30, 1988 |
| $0.09 | $0.005625 | January 15, 1988 | January 18, 1988 | February 16, 1988 | November 24, 1987 |
| $0.06 | $0.00375 | January 11, 1988 | |||
| $0.075 | $0.0046875 | October 19, 1987 | October 23, 1987 | November 15, 1987 | September 30, 1987 |
| $0.075 | $0.0046875 | July 13, 1987 | July 17, 1987 | August 15, 1987 | May 28, 1987 |
| $0.15 | $0.0046875 | April 10, 1987 | April 16, 1987 | May 15, 1987 | March 25, 1987 |
| $0.15 | $0.0046875 | January 16, 1987 | January 23, 1987 | February 15, 1987 | November 26, 1986 |
| $4.48 | $0.14 | October 10, 1986 | |||
| $4.48 | $0.14 | July 14, 1986 | |||
| $4.48 | $0.14 | April 14, 1986 | |||
| $4.48 | $0.14 | January 13, 1986 | |||
| $4.3264 | $0.1352 | October 11, 1985 | |||
| $17.3056 | $0.2704 | July 15, 1985 | |||
| $17.3056 | $0.2704 | April 15, 1985 | |||
| $17.3056 | $0.2704 | January 14, 1985 |
Frequently Asked Questions
Hormel Foods currently pays an annual dividend of $1.1375 per share. This means that for each share you own, you'll receive $1.1375 in dividends over the course of a year, typically paid in quarterly installments of $ per share.
Hormel Foods's current dividend yield is 3.63%. This means that if you invest $100 in Hormel Foods's stock at the current price, you can expect to receive approximately $3.63 in annual dividend income. The dividend yield is calculated by dividing the annual dividend by the current stock price.
The most recent ex-dividend date for Hormel Foods was January 13, 2025. Ex-dividend dates are typically announced in advance of each dividend payment. If you purchase the stock before the ex-dividend date, you'll be eligible for the upcoming dividend payment. It's advisable to check Hormel Foods's investor relations page or financial news sources for the next ex-dividend date announcement.
Hormel Foods's dividend payout ratio is currently 76.39%. This means that the company is distributing 76.39% of its earnings to shareholders as dividends, while retaining the rest for reinvestment, debt reduction, or other corporate purposes. A lower payout ratio suggests that the company has more room to increase dividends in the future or to withstand temporary declines in earnings without cutting the dividend.
In the last fiscal year, Hormel Foods paid a total of $614.96M in dividends to its shareholders. To put this in perspective, the company's annual revenue was $-, and its net income was $-. This means that Hormel Foods distributed - of its revenue and - of its net income as dividends, demonstrating a balance between returning value to shareholders and reinvesting in the business.
Compared to the previous year, Hormel Foods's dividend has decreased by -3.72%. This decrease rate provides insight into the company's dividend policy and financial health over the past year. A decrease in dividends can occur for various reasons, including changes in the company's financial situation or strategic priorities.