HRL Hormel Foods dividend history, payout ratio & dates
Hormel Foods's last dividend payment of $0.283 per share was made to shareholders on record before Oct 15, 2024. The dividend payment stands at $1.13 per share annually, which equates to a dividend yield of 3.7%.
Key dates
- HRL last dividend date: Oct 15, 2024
HRL dividend stats
vs. Consumer Defensive sector
Dividend yield
HRL has a dividend yield of 3.7% which is above the Consumer Defensive sector and the industry average. Compared to its Consumer Defensive sector average of 2.56%, Hormel Foods's dividend yield is 45% higher. The current dividend yield is above the historical average of 2.5% of the last 5 years.
Dividend history
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 2.7% since one year ago. And with the stock price down by 6% from a year ago, the dividend yield has grown by 9%.
Recent dividends
| Ex-date | Amount | Yield (TTM) |
|---|---|---|
| Oct 15, 2024 | $0.283 | 3.63% |
| Jul 15, 2024 | $0.283 | 3.67% |
| Apr 12, 2024 | $0.283 | 3.29% |
| Jan 12, 2024 | $0.283 | 3.48% |
| Oct 13, 2023 | $0.275 | 3.44% |
| Jul 14, 2023 | $0.275 | 2.7% |
| Apr 14, 2023 | $0.275 | 2.73% |
| Jan 13, 2023 | $0.275 | 2.29% |
| Oct 14, 2022 | $0.26 | 2.32% |
| Jul 8, 2022 | $0.26 | 2.16% |
| Apr 8, 2022 | $0.26 | 1.92% |
| Jan 14, 2022 | $0.26 | 2.03% |
| Oct 15, 2021 | $0.245 | 2.3% |
| Jul 9, 2021 | $0.245 | 2.04% |
| Apr 9, 2021 | $0.245 | 2.06% |
| Jan 8, 2021 | $0.245 | 2.07% |
| Oct 16, 2020 | $0.233 | 1.88% |
| Jul 10, 2020 | $0.233 | 1.88% |
| Apr 9, 2020 | $0.233 | 1.86% |
| Jan 10, 2020 | $0.233 | 1.92% |
| Oct 18, 2019 | $0.21 | 2.06% |
| Jul 12, 2019 | $0.21 | 1.99% |
| Apr 12, 2019 | $0.21 | 1.93% |
| Jan 11, 2019 | $0.21 | 1.82% |
| Oct 19, 2018 | $0.188 | 1.8% |
| Jul 13, 2018 | $0.188 | 1.95% |
| Apr 13, 2018 | $0.188 | 2.04% |
| Jan 11, 2018 | $0.188 | 2.03% |
| Oct 20, 2017 | $0.17 | 2.21% |
| Jul 13, 2017 | $0.17 | 2% |
| Apr 13, 2017 | $0.17 | 1.85% |
| Jan 12, 2017 | $0.17 | 1.71% |
| Oct 20, 2016 | $0.145 | 1.54% |
| Jul 14, 2016 | $0.145 | 1.53% |
| Apr 14, 2016 | $0.145 | 1.38% |
| Jan 14, 2016 | $0.145 | 1.32% |
| Oct 15, 2015 | $0.125 | 1.54% |
| Jul 16, 2015 | $0.125 | 1.63% |
| Apr 16, 2015 | $0.125 | 1.57% |
| Jan 15, 2015 | $0.125 | 1.67% |
Hormel Foods dividend payout ratio
Payout ratio
HRL has a payout ratio of 79% which is higher than the Consumer Defensive sector and the industry average. If we compare it with the Consumer Defensive sector average of 53.6%, Hormel Foods's payout ratio is 47% higher.
Total amount of dividends paid per financial year (from cash flow)
HRL dividend vs peer dividends
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| CAG Conagra Brands Inc | 5.15% | $1.4 | 135.9% |
| HRL Hormel Foods Corp | 3.7% | $1.13 | 79% |
| TSN Tyson Foods Inc | 3.07% | $1.96 | 84.8% |
| SEB Seaboard Corp | 0.34% | $9 | N/A |
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 was HRL's last dividend?
Hormel Foods's last dividend ex-date was on Oct 15, 2024. The dividend amount was $0.283 per share.
How much dividend does Hormel Foods pay (per share)?
HRL has paid dividend of $1.13 per share in the last year.
What is Hormel Foods's dividend yield?
Hormel Foods's current dividend yield is 3.7%.
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 79%.
Does Hormel Foods pay a good dividend?
Hormel Foods's dividend yield is above the Consumer Defensive sector average.
Special dividends are included in TTM DPS and yield. Data from 
and Sharadar.