Hormel Foods Corporation (HRL) Announced 388th Consecutive Quarterly Dividend

From Yahoo Finance: 2025-05-19 19:19:00

Hormel Foods Corporation (NYSE:HRL) declared a quarterly dividend of $0.29 per share on May 19, remaining consistent with previous dividends. The multinational company specializes in branded meat and food products, globally distributing processed meats, poultry, and prepared foods under well-known brand names.

Hormel Foods Corporation (NYSE:HRL) achieved its 388th straight quarterly dividend, a notable feat since going public in 1928. With a 59-year streak of increasing annual dividends, the company’s strong track record is supported by over $309 million in operating cash flow and a 3.85% dividend yield as of May 19. The stock will trade ex-dividend on July 14.

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