Hormel Foods Hikes Dividend by 5.4%

Hormel Foods (HRL) is increasing its quarterly dividend from 23.25 cents to 24.5 cents per share. This is the 55th annual dividend increase in a row.

The first dividend will be paid on February 16 to stockholders of record at the close of business on January 11.

Since becoming a public company in 1928, Hormel Foods has paid a regular quarterly dividend without interruption.

Posted by on November 23rd, 2020 at 5:34 pm


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