Hormel Foods (HRL) Dividends
Market Cap: $16.15B
Avg Volume: 3.28M
Industry: Packaged Foods
Sector: Consumer Defensive
Dividend Overview
Hormel Foods (HRL) pays a quarterly dividend to its shareholders. The current dividend yield is 3.75%, which means that for every $100 invested at the current price, investors would receive approximately $3.75 in dividends per year (this can change based on future dividend payments and price movements).
About HRL's Dividend
Hormel Foods pays a quarterly dividend of $0.29 per share, which totals $1.15 annually. This means that for each share you own, you'll receive $1.15 in dividends over the course of a year, distributed across four quarterly payments.
The most recent ex-dividend date was April 14, 2025. If you purchase the stock before its ex-dividend date, you'll be eligible for the upcoming dividend payment.
Hormel Foods's payout ratio is 0.76% which means that 0.76% of the company's earnings are paid out as dividends. A low payout ratio indicates that the company has a strong financial position and can invest in growth opportunities, while maintaining room to increase dividends in the future.
Hormel Foods's dividend has decreased by -0.04% over the past year. A decrease in dividends can occur for various reasons, including changes in financial situation or strategic priorities.
HRL Dividend History
| Dividend | Yield | Date | Record Date | Payment Date | Declaration Date |
|---|---|---|---|---|---|
| $0.29 | 3.75% | April 14, 2025 | April 14, 2025 | May 15, 2025 | March 24, 2025 |
| $0.29 | 3.76% | January 13, 2025 | January 13, 2025 | February 18, 2025 | November 25, 2024 |
| $0.2825 | 3.63% | October 15, 2024 | October 15, 2024 | November 15, 2024 | September 23, 2024 |
| $0.2825 | 3.67% | July 15, 2024 | July 15, 2024 | August 15, 2024 | May 20, 2024 |
| $0.2825 | 3.29% | April 12, 2024 | April 15, 2024 | May 15, 2024 | March 25, 2024 |
| $0.2825 | 3.48% | January 12, 2024 | January 16, 2024 | February 15, 2024 | November 20, 2023 |
| $0.275 | 3.44% | October 13, 2023 | October 16, 2023 | November 15, 2023 | September 25, 2023 |
| $0.275 | 2.70% | July 14, 2023 | July 17, 2023 | August 15, 2023 | May 22, 2023 |
| $0.275 | 2.73% | April 14, 2023 | April 17, 2023 | May 15, 2023 | March 27, 2023 |
| $0.275 | 2.29% | January 13, 2023 | January 17, 2023 | February 15, 2023 | November 21, 2022 |
| $0.26 | 2.32% | October 14, 2022 | October 17, 2022 | November 15, 2022 | September 26, 2022 |
| $0.26 | 2.16% | July 08, 2022 | July 11, 2022 | August 15, 2022 | May 23, 2022 |
| $0.26 | 1.92% | April 08, 2022 | April 11, 2022 | May 16, 2022 | March 28, 2022 |
| $0.26 | 2.03% | January 14, 2022 | January 18, 2022 | February 15, 2022 | November 22, 2021 |
| $0.245 | 2.30% | October 15, 2021 | October 18, 2021 | November 15, 2021 | September 27, 2021 |
| $0.245 | 2.04% | July 09, 2021 | July 12, 2021 | August 16, 2021 | May 24, 2021 |
| $0.245 | 2.06% | April 09, 2021 | April 12, 2021 | May 17, 2021 | March 22, 2021 |
| $0.245 | 2.07% | January 08, 2021 | January 11, 2021 | February 16, 2021 | November 23, 2020 |
| $0.2325 | 1.88% | October 16, 2020 | October 19, 2020 | November 16, 2020 | September 29, 2020 |
| $0.2325 | 1.88% | July 10, 2020 | July 13, 2020 | August 17, 2020 | May 18, 2020 |
| $0.2325 | 1.86% | April 09, 2020 | April 13, 2020 | May 15, 2020 | March 23, 2020 |
| $0.2325 | 1.92% | January 10, 2020 | January 13, 2020 | February 18, 2020 | November 25, 2019 |
| $0.21 | 2.06% | October 18, 2019 | October 21, 2019 | November 15, 2019 | September 23, 2019 |
| $0.21 | 1.99% | July 12, 2019 | July 15, 2019 | August 15, 2019 | May 21, 2019 |
| $0.21 | 1.93% | April 12, 2019 | April 15, 2019 | May 15, 2019 | March 25, 2019 |
| $0.21 | 1.82% | January 11, 2019 | January 14, 2019 | February 15, 2019 | November 19, 2018 |
| $0.1875 | 1.80% | October 19, 2018 | October 22, 2018 | November 15, 2018 | September 24, 2018 |
| $0.1875 | 1.95% | July 13, 2018 | July 16, 2018 | August 15, 2018 | May 21, 2018 |
| $0.1875 | 2.04% | April 13, 2018 | April 16, 2018 | May 15, 2018 | March 26, 2018 |
| $0.1875 | 2.03% | January 11, 2018 | January 15, 2018 | February 15, 2018 | November 20, 2017 |
| $0.17 | 2.21% | October 20, 2017 | October 23, 2017 | November 15, 2017 | September 22, 2017 |
| $0.17 | 2.00% | July 13, 2017 | July 17, 2017 | August 15, 2017 | May 23, 2017 |
| $0.17 | 1.85% | April 13, 2017 | April 18, 2017 | May 15, 2017 | March 31, 2017 |
| $0.17 | 1.71% | January 12, 2017 | January 17, 2017 | February 15, 2017 | November 22, 2016 |
| $0.145 | 1.54% | October 20, 2016 | October 24, 2016 | November 15, 2016 | September 27, 2016 |
| $0.145 | 1.53% | July 14, 2016 | July 18, 2016 | August 15, 2016 | May 24, 2016 |
| $0.145 | 1.38% | April 14, 2016 | April 18, 2016 | May 16, 2016 | March 30, 2016 |
| $0.29 | 1.32% | January 14, 2016 | January 19, 2016 | February 16, 2016 | November 24, 2015 |
| $0.25 | 1.54% | October 15, 2015 | October 19, 2015 | November 16, 2015 | September 29, 2015 |
| $0.25 | 1.63% | July 16, 2015 | July 20, 2015 | August 17, 2015 | May 19, 2015 |
| $0.25 | 1.57% | April 16, 2015 | April 20, 2015 | May 15, 2015 | March 24, 2015 |
| $0.25 | 1.67% | January 15, 2015 | January 20, 2015 | February 17, 2015 | November 25, 2014 |
| $0.2 | 1.60% | October 16, 2014 | October 20, 2014 | November 14, 2014 | September 23, 2014 |
| $0.2 | 1.61% | July 17, 2014 | July 21, 2014 | August 15, 2014 | May 19, 2014 |
| $0.2 | 1.55% | April 16, 2014 | April 21, 2014 | May 15, 2014 | March 24, 2014 |
| $0.2 | 1.55% | January 17, 2014 | January 22, 2014 | February 14, 2014 | November 26, 2013 |
| $0.17 | 1.57% | October 17, 2013 | October 21, 2013 | November 15, 2013 | September 24, 2013 |
| $0.17 | 1.61% | July 18, 2013 | July 22, 2013 | August 15, 2013 | May 20, 2013 |
| $0.17 | 1.57% | April 18, 2013 | April 22, 2013 | May 15, 2013 | March 25, 2013 |
| $0.17 | 1.80% | January 17, 2013 | January 22, 2013 | February 15, 2013 | January 02, 2013 |
| $0.15 | 2.03% | October 18, 2012 | October 22, 2012 | November 15, 2012 | September 24, 2012 |
| $0.15 | 2.02% | July 19, 2012 | July 23, 2012 | August 15, 2012 | May 23, 2012 |
| $0.15 | 1.96% | April 19, 2012 | April 23, 2012 | May 15, 2012 | March 28, 2012 |
| $0.15 | 1.82% | January 19, 2012 | January 23, 2012 | February 15, 2012 | November 23, 2011 |
| $0.1275 | 1.79% | October 19, 2011 | October 22, 2011 | November 15, 2011 | September 27, 2011 |
| $0.1275 | 1.63% | July 20, 2011 | July 23, 2011 | August 15, 2011 | May 25, 2011 |
| $0.1275 | 1.64% | April 19, 2011 | April 23, 2011 | May 15, 2011 | March 30, 2011 |
| $0.255 | 1.75% | January 19, 2011 | January 23, 2011 | February 15, 2011 | November 23, 2010 |
| $0.21 | 1.88% | October 20, 2010 | October 23, 2010 | November 15, 2010 | September 29, 2010 |
| $0.21 | 1.95% | July 21, 2010 | July 24, 2010 | August 15, 2010 | May 25, 2010 |
| $0.21 | 1.91% | April 14, 2010 | April 17, 2010 | May 15, 2010 | March 24, 2010 |
| $0.21 | 2.02% | January 20, 2010 | January 23, 2010 | February 15, 2010 | November 25, 2009 |
| $0.19 | 2.10% | October 21, 2009 | October 24, 2009 | November 15, 2009 | October 07, 2009 |
| $0.19 | 2.17% | July 15, 2009 | July 18, 2009 | August 15, 2009 | May 20, 2009 |
| $0.19 | 2.36% | April 15, 2009 | April 18, 2009 | May 15, 2009 | March 24, 2009 |
| $0.19 | 2.44% | January 21, 2009 | January 24, 2009 | February 15, 2009 | November 25, 2008 |
| $0.185 | 2.26% | October 15, 2008 | October 18, 2008 | November 15, 2008 | September 23, 2008 |
| $0.185 | 1.97% | July 16, 2008 | July 19, 2008 | August 15, 2008 | May 20, 2008 |
| $0.185 | 1.68% | April 16, 2008 | April 19, 2008 | May 15, 2008 | April 01, 2008 |
| $0.185 | 1.62% | January 16, 2008 | January 19, 2008 | February 15, 2008 | November 20, 2007 |
| $0.15 | 1.63% | October 17, 2007 | October 20, 2007 | November 15, 2007 | October 02, 2007 |
| $0.15 | 1.62% | July 18, 2007 | July 21, 2007 | August 15, 2007 | May 22, 2007 |
| $0.15 | 1.55% | April 18, 2007 | April 21, 2007 | May 15, 2007 | March 27, 2007 |
| $0.15 | 1.52% | January 17, 2007 | January 20, 2007 | February 15, 2007 | November 21, 2006 |
| $0.14 | 1.57% | October 18, 2006 | October 21, 2006 | November 15, 2006 | September 27, 2006 |
| $0.14 | 1.48% | July 19, 2006 | July 22, 2006 | August 15, 2006 | May 23, 2006 |
| $0.14 | 1.59% | April 19, 2006 | April 22, 2006 | May 15, 2006 | March 28, 2006 |
| $0.14 | 1.56% | January 18, 2006 | January 21, 2006 | February 15, 2006 | November 21, 2005 |
| $0.13 | 1.62% | October 19, 2005 | October 22, 2005 | November 15, 2005 | September 28, 2005 |
| $0.13 | 1.67% | July 20, 2005 | July 23, 2005 | August 15, 2005 | May 23, 2005 |
| $0.13 | 1.66% | April 20, 2005 | April 23, 2005 | May 15, 2005 | March 29, 2005 |
| $0.13 | 1.53% | January 19, 2005 | January 22, 2005 | February 15, 2005 | November 22, 2004 |
| $0.1125 | 1.69% | October 20, 2004 | October 23, 2004 | November 15, 2004 | September 20, 2004 |
| $0.1125 | 1.50% | July 21, 2004 | July 24, 2004 | August 15, 2004 | May 24, 2004 |
| $0.1125 | 1.47% | April 14, 2004 | April 17, 2004 | May 15, 2004 | March 26, 2004 |
| $0.1125 | 1.67% | January 21, 2004 | January 24, 2004 | February 15, 2004 | November 26, 2003 |
| $0.105 | 1.75% | October 15, 2003 | October 18, 2003 | November 15, 2003 | September 25, 2003 |
| $0.105 | 1.78% | July 16, 2003 | July 19, 2003 | August 15, 2003 | May 22, 2003 |
| $0.105 | 1.84% | April 15, 2003 | April 19, 2003 | May 15, 2003 | March 27, 2003 |
| $0.105 | 1.74% | January 15, 2003 | January 18, 2003 | February 15, 2003 | November 25, 2002 |
| $0.0975 | 1.65% | October 16, 2002 | October 19, 2002 | November 15, 2002 | October 01, 2002 |
| $0.0975 | 1.44% | July 17, 2002 | July 20, 2002 | August 15, 2002 | May 24, 2002 |
| $0.0975 | 1.18% | April 17, 2002 | April 20, 2002 | May 15, 2002 | March 27, 2002 |
| $0.0975 | 1.18% | January 16, 2002 | January 19, 2002 | February 14, 2002 | November 21, 2001 |
| $0.023 | 1.35% | October 17, 2001 | October 20, 2001 | November 15, 2001 | September 25, 2001 |
| $0.0925 | 1.49% | July 18, 2001 | July 21, 2001 | August 15, 2001 | May 22, 2001 |
| $0.0925 | 1.85% | April 18, 2001 | April 21, 2001 | May 15, 2001 | April 03, 2001 |
| $0.0925 | 2.03% | January 17, 2001 | January 20, 2001 | February 15, 2001 | November 27, 2000 |
| $0.0875 | 2.12% | October 18, 2000 | October 21, 2000 | November 15, 2000 | September 26, 2000 |
| $0.0875 | 2.07% | July 19, 2000 | July 22, 2000 | August 15, 2000 | May 22, 2000 |
| $0.0875 | 2.11% | April 18, 2000 | April 22, 2000 | May 15, 2000 | March 27, 2000 |
| $0.175 | 1.70% | January 19, 2000 | January 22, 2000 | February 15, 2000 | November 23, 1999 |
| $0.165 | 1.51% | October 20, 1999 | October 23, 1999 | November 15, 1999 | October 04, 1999 |
| $0.165 | 1.66% | July 21, 1999 | July 24, 1999 | August 15, 1999 | May 25, 1999 |
| $0.165 | 1.81% | April 14, 1999 | April 17, 1999 | May 15, 1999 | March 22, 1999 |
| $0.165 | 2.01% | January 20, 1999 | January 23, 1999 | February 15, 1999 | November 25, 1998 |
| $0.16 | 2.06% | October 21, 1998 | October 24, 1998 | November 15, 1998 | September 29, 1998 |
| $0.16 | 1.84% | July 15, 1998 | July 18, 1998 | August 15, 1998 | May 18, 1998 |
| $0.16 | 1.88% | April 15, 1998 | April 18, 1998 | May 15, 1998 | March 23, 1998 |
| $0.16 | 1.91% | January 21, 1998 | January 24, 1998 | February 15, 1998 | November 26, 1997 |
| $0.155 | 1.95% | October 15, 1997 | October 18, 1997 | November 15, 1997 | September 29, 1997 |
| $0.155 | 2.26% | July 16, 1997 | July 19, 1997 | August 15, 1997 | May 19, 1997 |
| $0.155 | 2.36% | April 16, 1997 | April 19, 1997 | May 15, 1997 | March 24, 1997 |
| $0.155 | 2.26% | January 15, 1997 | January 18, 1997 | February 14, 1997 | November 25, 1996 |
| $0.15 | 2.57% | October 16, 1996 | October 19, 1996 | November 15, 1996 | September 30, 1996 |
| $0.15 | 2.57% | July 17, 1996 | July 20, 1996 | August 15, 1996 | May 20, 1996 |
| $0.15 | 2.21% | April 17, 1996 | April 20, 1996 | May 15, 1996 | March 25, 1996 |
| $0.15 | 2.31% | January 17, 1996 | January 20, 1996 | February 15, 1996 | November 20, 1995 |
| $0.145 | 2.38% | October 18, 1995 | October 21, 1995 | November 15, 1995 | September 18, 1995 |
| $0.145 | 2.23% | July 19, 1995 | July 22, 1995 | August 15, 1995 | May 22, 1995 |
| $0.145 | 1.97% | April 17, 1995 | April 22, 1995 | May 15, 1995 | March 27, 1995 |
| $0.145 | 2.06% | January 13, 1995 | January 21, 1995 | February 15, 1995 | |
| $0.125 | 2.15% | October 17, 1994 | October 22, 1994 | November 15, 1994 | |
| $0.125 | 2.14% | July 18, 1994 | July 23, 1994 | August 15, 1994 | |
| $0.125 | 2.44% | April 18, 1994 | April 23, 1994 | May 15, 1994 | |
| $0.125 | 2.13% | January 14, 1994 | January 22, 1994 | February 15, 1994 | |
| $0.11 | 2.01% | October 18, 1993 | October 23, 1993 | November 15, 1993 | |
| $0.11 | 1.97% | July 19, 1993 | July 24, 1993 | August 15, 1993 | |
| $0.11 | 1.82% | April 12, 1993 | April 17, 1993 | May 15, 1993 | |
| $0.11 | 1.59% | January 15, 1993 | January 23, 1993 | February 15, 1993 | |
| $0.09 | 1.80% | October 19, 1992 | October 24, 1992 | November 15, 1992 | |
| $0.09 | 1.70% | July 13, 1992 | July 18, 1992 | August 15, 1992 | |
| $0.09 | 1.93% | April 10, 1992 | April 18, 1992 | May 15, 1992 | |
| $0.09 | 1.56% | January 13, 1992 | January 18, 1992 | February 15, 1992 | |
| $0.075 | 1.50% | October 11, 1991 | October 19, 1991 | November 15, 1991 | |
| $0.075 | 1.42% | July 15, 1991 | July 20, 1991 | August 15, 1991 | |
| $0.075 | 1.27% | April 15, 1991 | April 20, 1991 | May 15, 1991 | |
| $0.075 | 1.64% | January 14, 1991 | January 19, 1991 | February 15, 1991 | |
| $0.065 | 1.78% | October 15, 1990 | October 20, 1990 | November 15, 1990 | September 26, 1990 |
| $0.065 | 1.42% | July 16, 1990 | July 21, 1990 | August 15, 1990 | June 04, 1990 |
| $0.065 | 1.52% | April 16, 1990 | April 21, 1990 | May 15, 1990 | March 28, 1990 |
| $0.13 | 1.42% | January 12, 1990 | January 20, 1990 | February 15, 1990 | November 24, 1989 |
| $0.11 | 1.55% | October 16, 1989 | October 21, 1989 | November 15, 1989 | September 27, 1989 |
| $0.11 | 1.53% | July 17, 1989 | July 22, 1989 | August 15, 1989 | May 24, 1989 |
| $0.11 | 1.81% | April 17, 1989 | April 21, 1989 | May 15, 1989 | March 29, 1989 |
| $0.11 | 2.08% | January 13, 1989 | January 20, 1989 | February 15, 1989 | November 29, 1988 |
| $0.09 | 2.22% | October 17, 1988 | October 21, 1988 | November 15, 1988 | September 28, 1988 |
| $0.09 | 2.16% | July 18, 1988 | July 22, 1988 | August 15, 1988 | May 25, 1988 |
| $0.09 | 1.66% | April 18, 1988 | April 22, 1988 | May 15, 1988 | March 30, 1988 |
| $0.09 | 1.71% | January 15, 1988 | January 18, 1988 | February 16, 1988 | November 24, 1987 |
| $0.06 | 1.31% | January 11, 1988 | |||
| $0.075 | 1.43% | October 19, 1987 | October 23, 1987 | November 15, 1987 | September 30, 1987 |
| $0.075 | 9.88% | July 13, 1987 | July 17, 1987 | August 15, 1987 | May 28, 1987 |
| $0.15 | 24.73% | April 10, 1987 | April 16, 1987 | May 15, 1987 | March 25, 1987 |
| $0.15 | 37.58% | January 16, 1987 | January 23, 1987 | February 15, 1987 | November 26, 1986 |
| $4.48 | 56.89% | October 10, 1986 | |||
| $4.48 | 56.40% | July 14, 1986 | |||
| $4.48 | 73.44% | April 14, 1986 | |||
| $4.48 | 118.02% | January 13, 1986 | |||
| $4.3264 | 104.88% | October 11, 1985 | |||
| $17.3056 | 90.49% | July 15, 1985 | |||
| $17.3056 | 51.85% | April 15, 1985 | |||
| $17.3056 | 56.51% | January 14, 1985 |
Dividend Growth
Hormel Foods (HRL) dividend payments have decreased -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.
Dividend Safety
Dividend safety refers to the ability of a company to continue paying its dividends to shareholders without interruption or reduction. A company with a high level of dividend safety is generally considered to have a strong financial position, with a consistent history of paying dividends and a low risk of default.
Key Safety Indicators for HRL
- Dividend Payout Ratio: 0.76% Low risk
- Dividend & Capex Coverage Ratio: 1.45x Adequate coverage
- Dividend Frequency: Quarterly
- Recent Dividend Growth: -0.04% Negative
What These Indicators Mean
A low payout ratio (typically less than 60%) indicates that a company has enough earnings to pay dividends and retain earnings to reinvest in the business. Hormel Foods's payout ratio is 0.76% , which is very conservative and suggests strong dividend sustainability.
The Dividend & Capex Coverage Ratio of 1.45x indicates how well the company can cover both its dividend payments and capital expenditures from operating cash flows. This ratio above 1.0x indicates Hormel Foods can cover its dividends and necessary investments from its operating cash flow, but has limited cushion.
Hormel Foods's quarterly dividend structure is the most common among dividend-paying companies, providing a balance between regular income for investors and financial flexibility for the company.
Hormel Foods's dividend growth rate of -0.04% is negative, which may signal financial challenges or a shift in capital allocation priorities.
It is worth noting that dividend safety can change over time based on a company's financial performance, industry conditions, and management decisions. Regular monitoring of these metrics is recommended for dividend-focused investors.