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HRL Hormel Foods dividend history, payout ratio & dates

  1. Stocks
  2. Consumer Defensive
  3. NYSE: HRL
  4. Dividend

Hormel Foods's last quarterly dividend payment of $0.283 per share was made to shareholders on record before Apr 12, 2024. The dividend payment stands at $1.12 per share annually, which equates to a dividend yield of 3.28%.

Key dates

  • HRL last dividend date: Apr 12, 2024
  • HRL next dividend date: Not announced
Peer dividends: TSN SEB CAG
HRL dividend stats
DPS
$1.12
Dividend yield
3.28%
Payout ratio
76.4%
vs. Consumer Defensive sector
Dividend yield
2.35%
Payout ratio
42.2%

Dividend yield

What is Hormel Foods current dividend yield

HRL has a dividend yield of 3.28% which is above the Consumer Defensive sector and the industry average. Compared to its Consumer Defensive sector average of 2.35%, Hormel Foods's dividend yield is 40% higher. The current dividend yield is above the historical average of 2.3% of the last 5 years.

Dividend history

What is HRL dividend payout history and dates

Hormel Foods has been paying dividends for the last 29 years. According to our records HRL has issued four quarterly dividends in the last twelve months. The annualized DPS has grown by 4.2% since one year ago. And with the stock price down by 15% from a year ago, the dividend yield has grown by 22%.

Recent dividends

Ex-date Payment date Declared on Amount Type
Apr 12, 2024 May 15, 2024 Mar 25, 2024 $0.283 normal
Jan 12, 2024 Feb 15, 2024 Nov 20, 2023 $0.283 normal
Oct 13, 2023 Nov 15, 2023 Sep 25, 2023 $0.275 normal
Jul 14, 2023 Aug 15, 2023 May 22, 2023 $0.275 normal
Apr 14, 2023 May 15, 2023 Mar 27, 2023 $0.275 normal
Jan 13, 2023 Feb 15, 2023 Nov 21, 2022 $0.275 normal
Oct 14, 2022 Nov 15, 2022 Sep 26, 2022 $0.26 normal
Jul 8, 2022 Aug 15, 2022 May 23, 2022 $0.26 normal
Apr 8, 2022 May 16, 2022 Mar 28, 2022 $0.26 normal
Jan 14, 2022 Feb 15, 2022 Nov 22, 2021 $0.26 normal
Oct 15, 2021 Nov 15, 2021 Sep 27, 2021 $0.245 normal
Jul 9, 2021 Aug 16, 2021 May 24, 2021 $0.245 normal
Apr 9, 2021 May 17, 2021 Mar 22, 2021 $0.245 normal
Jan 8, 2021 Feb 16, 2021 Nov 23, 2020 $0.245 normal
Oct 16, 2020 Nov 16, 2020 Sep 29, 2020 $0.233 normal
Jul 10, 2020 Aug 17, 2020 May 18, 2020 $0.233 normal
Apr 9, 2020 May 15, 2020 Mar 23, 2020 $0.233 normal
Jan 10, 2020 Feb 18, 2020 Nov 25, 2019 $0.233 normal
Oct 18, 2019 Nov 15, 2019 Sep 23, 2019 $0.21 normal
Jul 12, 2019 Aug 15, 2019 May 21, 2019 $0.21 normal
Apr 12, 2019 May 15, 2019 Mar 25, 2019 $0.21 normal
Jan 11, 2019 Feb 15, 2019 Nov 19, 2018 $0.21 normal
Oct 19, 2018 Nov 15, 2018 Sep 24, 2018 $0.188 normal
Jul 13, 2018 Aug 15, 2018 May 21, 2018 $0.188 normal
Apr 13, 2018 May 15, 2018 Mar 26, 2018 $0.188 normal
Jan 11, 2018 Feb 15, 2018 Nov 20, 2017 $0.188 normal
Oct 20, 2017 Nov 15, 2017 Sep 25, 2017 $0.17 normal
Jul 13, 2017 Aug 15, 2017 May 22, 2017 $0.17 normal
Apr 13, 2017 May 15, 2017 Mar 28, 2017 $0.17 normal
Jan 12, 2017 Feb 15, 2017 Nov 21, 2016 $0.17 normal
Oct 20, 2016 Nov 15, 2016 Sep 26, 2016 $0.145 normal
Jul 14, 2016 Aug 15, 2016 May 23, 2016 $0.145 normal
Apr 14, 2016 May 16, 2016 Mar 29, 2016 $0.145 normal
Jan 14, 2016 Feb 16, 2016 $0.145 normal
Oct 15, 2015 Nov 16, 2015 Sep 28, 2015 $0.125 normal

Hormel Foods dividend payout ratio

What is Hormel Foods dividend payout ratio compared to the sector

Payout ratio

HRL has a payout ratio of 76.4% which is higher than the Consumer Defensive sector and the industry average. If we compare it with the Consumer Defensive sector average of 42.2%, Hormel Foods's payout ratio is 81% higher.

Total amount of dividends paid per financial year (from cash flow)

HRL dividend vs peer dividends

How does HRL dividend compare to its peers' dividends
Name Dividend yield DPS Payout ratio
CAG Conagra Brands Inc 4.56% $1.38 69.3%
TSN Tyson Foods Inc 3.31% $1.94 N/A
HRL Hormel Foods Corp 3.28% $1.12 76.4%
SEB Seaboard Corp 0.29% $9 4.5%

Frequently asked questions

Does Hormel Foods pay a dividend?

Yes, Hormel Foods has paid four dividends in the last 12 months. HRL has been paying dividends since 1995.

When is Hormel Foods's next dividend?

Currently HRL's next dividend date is unknown, however based on the recent dividend frequency we project that it will likely be in July 2024.

When was HRL's last dividend?

Hormel Foods's last dividend ex-date was on Apr 12, 2024. The dividend amount was $0.283 per share.

How much dividend does Hormel Foods pay (per share)?

HRL has paid dividend of $1.12 per share in the last year.

What is Hormel Foods's dividend yield?

Hormel Foods's current dividend yield is 3.28%.

How often does Hormel Foods pay dividends?

Hormel Foods pays four dividends per year.

What is Hormel Foods's dividend payout ratio?

Hormel Foods's dividend payout ratio is 76.4%.

Does Hormel Foods pay a good dividend?

Hormel Foods's dividend yield is above the Consumer Defensive sector average.