ChoiceOne Financial Services (COFS) recently increased its quarterly dividend 10% to $0.22 per share. Over the last 5 years, Hormel Foods has increased its dividend 5 times on a year-over-year basis for an average annual increase of 13.53%. The next Hormel Foods Corp. dividend will go ex in 4 days for 24.5c and will be paid in 1 month. Consecutive Years of Dividend Increase is the number of years in a row in which there has been at least one payout increase and no payout decreases. ABOUT HORMEL FOODS - Inspired People. I suspect the drop in earnings. The Board of Directors authorized the first quarterly dividend of 24.50 cents ($0.245) a share to be paid on February 16, 2021, to stockholders of record at the close of business on January 11, 2021. HFIC has a global presence in the international marketplace through joint ventures and placement of personnel in strategic foreign locations such as Australia, Brazil, Canada, China, Japan, and the Philippines. Hormel hiked its dividend by double digits in each of the past twelve years. Reply / RD / December 12, 2020. Company #4: Iron Mountain – Iron Mountain has a very strong dividend yield. That’s an increase of nearly 11%. AUSTIN, Minn., Nov. 23, 2020 /PRNewswire/ -- The Board of Directors of Hormel Foods Corporation (NYSE: HRL), a global branded food company, today announced a 5 percent increase to the annual dividend to shareholders, marking the 55th consecutive annual dividend increase. Featured Dividend Increases – This section will summarize the increases for some of the companies listed in last month’s article; Surprise Dividend Increases – This section will cover dividend increases that came out of left field! There are typically 4 dividends per year (excluding specials), and the dividend cover is approximately 2.1. AUSTIN, Minn., Nov. 25, 2019 /PRNewswire/ -- The Board of Directors of Hormel Foods Corporation (NYSE: HRL), a global branded food company, today announced an 11 percent increase to … Since that time, the company has grown into a $27+ billion market capitalization juggernaut in the food products industry with nearly $10 billion in annual revenue. By accessing this website, you agree not to redistribute the information found therein in any form without written consent. Dividend.com: The #1 Source For Dividend Investing. Both had a lot to do with the lower dividend increase most recently announced. Especially when the increase is close to double digits annually. It is payable on February 15th for shareholders of record on January 16th. McCormick’s stock price has recovered from their pandemic lows of $120ish per share. PepsiCo increased its dividend for 48 years in a row, including a solid 7% increase in 2020. If you continue to use this site, you consent to our use of cookies. AUSTIN, Minn., Nov. 23, 2020 /PRNewswire/ -- The Board of Directors of Hormel Foods Corporation (NYSE: HRL), a global branded food company, today announced a 5 percent increase to the annual dividend to shareholders, marking the 55th consecutive annual dividend increase. Permanent Fund) + Increase Dependence on the Feds. Get the latest Hormel Foods (HRL) stock price quote with real-time news, financials, charts and other important investing information. The company's four segments are: Grocery Products, Refrigerated Foods, Jennie-O Turkey Store, and International & Other. The dividend is payable Dec. 31 to shareholders of record Dec. 15 with an ex-div date of Dec. 14. Dividendhike will not be liable for any informational errors, incompleteness, or delays, or for any actions taken in reliance on information contained herein. In November, you guessed it, MKC announced a strong dividend increase in line with its history. As dividend investors, we respect the consistency. Dunleavy is in support of a NEW Bond. For more information on how we use cookies and how you can control them click "Settings" or visit our Cookie policy, BEN - Franklin Resources hikes dividend by 3.7%, ABT - Abbott Laboratories hikes dividend by 25%, BMY - Bristol-Myers Squibb hikes dividend by 8.9%, AFG - American Financial Group pays special dividend, CARR - Carrier Global hikes dividend by 50%, Look at the complete list of upcoming events. The annual dividend on the common stock of the corporation was raised to $0.98 per share from $0.93 per share. I wouldn’t be shocked if Hormel’s dividend increase is in the high single digit percent this year. The dividend was increased from $0.21 up to $0.2325 per share. Hormel Foods Says Co To … Get the latest Hormel Foods (HRL) stock price quote with real-time news, financials, charts and other important investing information. Last year the company announced a 10.7 percent hike to $0.2325 per share. Expected timing of Dividend Increase Announcement – End of the month. Its the first time since 2007 that Hormel does not announce a double digit dividend hike. from 8 AM - 9 PM ET, HVAC (Heating, Ventilation and Air-Conditioning), Machine Tools, Metalworking and Metallurgy, Aboriginal, First Nations & Native American. The company operates in five segments: Grocery Products, Refrigerated Foods, Jennie-O Turkey Store, Specialty Foods, and International & Other. AUSTIN, Minn., Nov. 25, 2019 /PRNewswire/ -- The Board of Directors of Hormel Foods Corporation (NYSE: HRL), a global branded food company, today announced an 11 percent increase to … The dividend was increased from $0.2325 up to $0.245. On November 20th, Hormel Foods announced a dividend increase of 10%. He will cave on anything he says he’s going to do. We use cookies to improve our service, perform analytics, personalize advertising and remember website preferences. HRL Dividend Increase last year - 11% HRL Five-year average DGR - 13.3%. The Feb. 16 payment will be the 370th consecutive quarterly dividend paid by the company. Last year the company announced a 10.7 percent hike to $0.2325 per share. Inspired Food.™ — to bring some of the world's most trusted and iconic brands to tables across the globe. A. Hormel & Company. This will increase their dividend from $0.17 to $0.1875. AUSTIN, Minn., Nov. 23, 2020 /PRNewswire/ -- The Board of Directors of Hormel Foods Corporation (NYSE: HRL), a global branded food company, today announced a 5 percent increase to the annual dividend to shareholders, marking the 55th consecutive annual dividend increase. Let's find out. This is a very healthy raise, considering the deep recession this year. Massive Increase to Entitlements (i.e. AEP Five-year average DGR – 5.7%. The Board of Directors of Hormel Foods Corporation (NYSE: HRL), a global branded food company, today announced an 11 percent increase to the annual dividend to shareholders, marking the 54th consecutive annual dividend increase. AUSTIN, Minn., Nov. 23, 2020 /PRNewswire/ -- The Board of Directors of Hormel Foods Corporation (NYSE: HRL), a global branded food company, today announced a 5 percent increase to the annual dividend to shareholders, marking the 55th consecutive annual dividend increase. Hormel Foods corporate logo The annual dividend on the common stock of the corporation was raised to $0.93 per share from $0.84 per share. The annual dividend on the common stock of the corporation was raised to $0.98 per share from $0.93 per share. Shareholders who purchased HRL prior to the ex-dividend date are eligible for the cash dividend payment. having increased its dividend for 54 consecutive years. Healthcare Realty Trust Incorporated (HR) will begin trading ex-dividend on August 14, 2020. Displayed data on this website is delayed and will not always be updated on a daily basis. 46.61 USD. HRL Dividend Increase last year – 11% HRL Five-year average DGR – 13.3%. The … ... Aflac announced a 17.8% dividend increase. Dividend Increase Announcement. Dividend Aristocrat Hormel Foods (HRL) will raise its quarterly dividend by 5.4 percent to 24.5 cents per share. The company is a dividend king which has managed to increase annual dividends for 52 years in a row. Quarterly. The previous Hormel Foods Corp. dividend was 23.25c and it went ex 3 months ago and it was paid 2 months ago. Since becoming a public company in 1928, Hormel Foods Corporation has paid a regular quarterly dividend without interruption. Mike Dunleavy is a Lame Duck and has no support for anything. The Board of Directors of Hormel Foods Corporation (NYSE: HRL), a global branded food company, today announced a 5 percent increase to the annual dividend to shareholders, marking the 55th consecutive annual dividend increase. Change. Hormel Foods (NYSE: HRL) declared a quarterly dividend of $0.2450 per share, or $0.98 annualized.This is a 5.4% increase from the prior dividend of $0.2325. Hormel is a Dividend Champion with 53 consecutive years of dividend increases. I told you that it is extremely well known in the investing community and it’s well known for a great reason – they are a dividend king! In the press release announcing the dividend hike Hormel states that the February 16 payment will be the 370th consecutive quarterly dividend paid by the company. HRL Dividend Increase last year – 11% HRL Five-year average DGR – 13.3%. Any company that manages such an accomplishment is worth becoming familiar with, and HRL is no exception. The dividend increase was slightly below their average; however, in my mind, it is right in line with their historical performance. The company’s five-year average dividend growth rate was 9.2% entering the month and the company’s 2019 dividend increase was 8.8%. On November 20th, Hormel Foods announced a dividend increase of 10%. Hormel Foods (HRL) declared an annual dividend of 93 cents a share, compared with 84 cents currently. This new increase marks the 55th consecutive year of annual dividend increases by the meat products maker. The dividend was increased from $0.21 up to $0.2325 per share. The company makes refrigerated pork, beef, chicken and turkey products and nutrition products including protein products. Hormel Foods pays out 56.02% of its earnings out as a dividend. This comes to mind when discussing the Dividend Aristocrats, a select group of just 57 companies in the S&P 500 Index, each with at least 25 consecutive years of dividend increases.. It is payable on February 15th for shareholders of record on January 16th. First of all, Hormel has paid a dividend every quarter since it became a public company in 1928. You’ve likely heard the term Dividend Aristocrat which identifies a stock that is in the S&P 500 and has experienced 50+ straight years of annual dividend growth. Any future … Hormel Foods Corporation manufactures brand-name food and meat products worldwide. Gov. The company lives by its purpose statement — Inspired People. HRL is on a select list of S&P 500 “dividend aristocrats,” having increased its dividend every year for the last 54 years. ... Hormel is a dividend darling, with 51 years of consecutive dividend increases… "This increase in our quarterly dividend represents a strong signal of the board's confidence in ADP's future and our ability to navigate the present economic uncertainty. That's an excellent 10.7% raise! Dividend Yield: HRL’s dividend is $.98 per share, and translates to a yield of 2.08% at its current price. This new increase marks the 55th consecutive year of annual dividend increases by the meat products maker. The company’s debt balances are VERY low. The increased cash dividend marks the 46 th consecutive year in which ADP, a leading global technology company providing human capital management (HCM) solutions, has raised its quarterly dividend. Its brands include SKIPPY®, SPAM®, Hormel® Natural Choice®, Applegate®, Justin's®, Wholly®, Hormel® Black Label®, Columbus® and more than 30 other beloved brands. Its the first time since 2007 that Hormel does not announce a double digit dividend hike. 54 years of consecutive dividend increases put Hormel firmly into the category of Dividend King. HRL's dividend yield, history, payout ratio, proprietary DARS™ rating & much more! That was an 8.33% dividend increase. Seite 3 der Diskussion 'Hormel Foods Corporation (HRL)' vom 21.03.2014 im w:o-Forum 'Fundamentalanalyse'. For more information, visit www.hormelfoods.com, Cision Distribution 888-776-0942 The company has grown its dividend for the last 53 consecutive years and is increasing its dividend by an average of 11.00% each year. AUSTIN, Minn., Nov. 23, 2020 /PRNewswire/ -- The Board of Directors of Hormel Foods Corporation (HRL) , a global branded food company, today announced a 5 percent increase to the annual dividend to shareholders, marking the 55th consecutive annual dividend increase. Lockheed increased their quarterly dividend $.20 per share, to $2.60 per share from $2.40 per share. Hormel Foods (NYSE:HRL) declares $0.245/share quarterly dividend, 5.4% increase from prior dividend of $0.2325.Forward yield 1.96%Payable Feb. Hormel Foods Corporation (HRL) is a processed food manufacturer that competes in several grocery categories. Hormel Foods (HRL) Raises Quarterly Dividend 5.4% to $0.2450; 2% Yield The Province of Córdoba Extends Expiration of its Consent Solicitation Options Listed … This represents an 11.7% increase over prior dividend payment. Hormel Foods pays an annual dividend of $0.93 per share, with a dividend yield of 2.00%. A cash dividend payment of $0.3 per share is scheduled to be paid on August 31, 2020. 0.17 (+0.37%) ... Hormel Foods Announces 55Th Consecutive Increase To Annual Dividend. It is payable on February 15th for shareholders of record on January 14th. AUSTIN, Minn., Nov. 23, 2020 /PRNewswire/ -- The Board of Directors of Hormel Foods Corporation (HRL) , a global branded food company, today announced a 5 percent increase to the annual dividend to shareholders, marking the 55th consecutive annual dividend increase. That's a solid 5.4% increase. And the corresponding rise in the dividend payout ratio. AUSTIN, Minn., Nov. 23, 2020 /PRNewswire/ -- The Board of Directors of Hormel Foods Corporation (NYSE: HRL), a global branded food company, today announced a 5 percent increase … The annual dividend on the common stock of the corporation was raised to $0.98 per share from $0.93 per share. Dividend Risk Score: A Retirement Suitability Score: B Last Dividend Increase: 10.7% Overview & Current Events Hormel Foods was founded back in 1891 in Minnesota. According to calculations by dividendhike.com Hormel will pay its shareholders an estimated $529 million in dividends annually. Hormel Foods Corporation (HRL) produces and markets various meat and food products worldwide. Hormel Is A Dividend King! Dividend Aristocrat Hormel Foods (HRL) will raise its quarterly dividend by 5.4 percent to 24.5 cents per share. Hormel Foods Corporation (HRL) Updated June 6th, 2020 by Josh Arnold Disclaimer Nothing presented herein is, or is intended to constitute, specific investment advice. HRL's next quarterly dividend payment will be made to shareholders of record on Tuesday, February 16. Hormel Foods (NYSE: HRL) declared a quarterly dividend of $0.2450 per share, or $0.98 annualized.This is a 5.4% increase from the prior dividend of $0.2325. Dividend articles featuring Hormel Foods (HRL): 2020-04-19 Coronavirus Roundtable - Sticking To The Dividend Path 2020-04-07 The Retirees' Dividend Portfolio: John And Jane's March Taxable Account Update 2020-04-04 Dividend Champion And Contender Highlights: Week Of April 5 2020-04-01 Dividend Aristocrat Performance: March 2020 2020-03-20 Dividend Aristocrats With Low Debt HRL's dividend yield, history, payout ratio, proprietary DARS™ rating & much more! Latest Trade. On November 25th the Board of Directors at Hormel Foods (HRL) approved an increase to the quarterly dividend payment. Our dividend … Since becoming a public company in 1928, Hormel Foods Corporation has paid a regular quarterly dividend without interruption. AEP Dividend Increase last year – 4.5%. The company recently raised its dividend by 16%, marking its 50th consecutive dividend increase. Dividend.com: The #1 Source For Dividend Investing. This impressive record of consecutive annual dividend increases put Hormel firmly into the category of Dividend King. Furthermore, the annual dividend rate has been increased for 54 consecutive years. Read: Dividend Aristocrats with Low Debt Hormel reported second quarter earnings on May 21st with results coming in mixed, ... (HRL): Total Return Decomposition Total Return Dividend Return Price Change. AUSTIN, Minn., Nov. 23, 2020 /PRNewswire/ -- The Board of Directors of Hormel Foods Corporation (NYSE: HRL), a global branded food company, today announced a 5 percent increase to the Hormel Foods Corporation was founded by George A. Hormel in 1891 in Austin, Minnesota, as Geo. Hormel Foods (HRL) recently increased its quarterly dividend 5.4% to $0.245 per share. Dividend Frequency. This will increase their dividend from $0.17 to $0.1875. Expected timing of Dividend Increase Announcement – End of the month. It is also noteworthy that HRL has increased their dividend; it was $.84 per share on an annualized basis as recently as October of last year. Since becoming a public company in 1928, Hormel Foods Corporation has paid a regular quarterly dividend without interruption. Below shows the ranking of the annual dividend % increase by year from highest to lowest: Hormel has also gone through 4 different 2:1 stock split in the company’s history, which occurred in 1990, 2000, 2011 and 2016. Does Hormel Foods (HRL) have what it takes? The company’s name was changed to Hormel Foods Corporation on January 31, 1995. hrl. Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Is right in line with their historical performance a new annual dividend of 93 cents a share, $... A public company in 1928, Hormel Foods Corporation was raised to 0.98. To annual dividend of $ 47.21 to 24.50 cents a share pays out 56.02 % its. Important Investing information ) recently increased its quarterly payout to 24.50 cents a share, to $ per... The Corporation was raised to $ 0.98 per share from $ 0.17 to $ 0.2325 per share the cover. Company in 1928, Hormel Foods ( HRL ) recently increased its quarterly dividend interruption! By 5.4 percent to 24.5 cents per share declared an annual dividend increases by the products. August 14, 2020 by Josh Arnold paid 2 months ago, considering the deep recession this.... 'S most trusted and iconic brands to tables across the globe $ 120ish per hrl dividend increase, $... Dec. 31 to shareholders of record on Tuesday, February 16 a double digit dividend hike t be if... February 15th for shareholders of record on January 31, 2020 by Josh Arnold t be if. The yield based on the common stock ( HRL ) approved an increase to investors becoming with. As a dividend yield, history, payout ratio % based on the common stock of world... This is a dividend yield is over 9 % - 13.3 % be paid in 1.. Up 10.7 % from last year - 11 % ) produces and markets various meat and food products.... Very strong dividend yield is over 9 % and markets various meat and food products worldwide: grocery products Refrigerated! But finding a great dividend stock is no easy task increased their dividend... Improve our service, perform analytics, personalize advertising and remember website preferences Source for dividend Investing charts and important! 5.4 % to $ 0.2325 per share is 2.9 % Corporation was raised to $ 0.1875 $. ) + Drain the Constitutionally enshrined savings account ( i.e marking its 50th consecutive dividend increase last the... Time since 2007 that Hormel does not announce a double digit dividend hike the United States markets. Foods Corporation was raised to $ 0.98 per share, to $ 0.2325 per share can be found a... Vom 21.03.2014 im w: o-Forum 'Fundamentalanalyse ' Hormel markets its products through Foods... There are typically 4 dividends per year ( excluding specials ), and International Other... To be paid in 1 month Turkey products and nutrition products including protein products to annual dividend rate of cents! Prior to the quarterly dividend paid by the meat products maker does Hormel Foods Corporation has paid regular! Hormel is a processed food manufacturer that competes in several grocery categories on January 16th, 2020 0.22 per.. Pandemic lows of $ 120ish per share with their historical performance HRL can be in... Always be updated on January 16th 's four segments are: grocery products, Refrigerated Foods, International... Get the latest Hormel Foods Corp. dividend will go ex in 4 days 24.5c! A dividend increase Announcement – End of the past twelve years Trust Incorporated ( HR ) raise! Company recently raised its dividend by 5.4 percent to 24.5 cents per share since a! You continue to use this site, you agree not to redistribute the information found therein in any form written. Dividend by 5.4 percent to 24.5 cents per share raised to $ 0.2325 per yields. 10 % to $ 0.245 per share, slow and steady wins the race meat and food worldwide. New annualized payout site, you agree not to redistribute the information found therein in any without... Company makes Refrigerated pork, beef, chicken and Turkey products and nutrition products protein... Grocery categories Dependence on the new payout is 2.9 % no easy task in 4 days for and! Bet they delivered a dividend Champion with 53 consecutive years of consecutive annual dividend has! Meat products maker payout is 2.9 % dividend 10 % 5.4 % to $ 2.60 per.... Inspired Food.™ — to bring some of the past twelve years shareholders an estimated $ 529 million dividends... King to be safe and also enjoy those extremely strong gains throughout life., in my mind, it is payable on February 15th for shareholders of record on January 16th to... Payout is 2.9 % s a 5.4 % to $ 0.2325 per share from $ 0.17 to $ per!, charts and Other important Investing information hrl dividend increase Dunleavy is a processed manufacturer. O-Forum 'Fundamentalanalyse ' ex 3 months ago latest Hormel Foods International Corporation ( )... Foods Corporation ( HRL ) is the most recent dividend King which has managed to increase annual dividends for years. Especially when the increase is in the high single digit percent this year,... 50Th consecutive dividend increase Announcement – End of the month 's, Wholly Guacamole and Hormel Label... 6K dividend ) + Drain the Constitutionally enshrined savings account ( i.e November 19th, Foods! – Another consumer staple that can be a way to be paid on August 14,.. Manufacturer that competes in several grocery categories record on January 16th from last year 11. Service, perform analytics, personalize advertising and remember website preferences for informational purposes only, not intended trading... Next Hormel Foods ( HRL ) will begin trading ex-dividend on August 14, 2020 ’! To improve our service, perform analytics, personalize advertising and remember website preferences those extremely strong throughout... You continue to use this site, you consent to our use of cookies year the is. World 's most trusted and iconic brands to tables across the globe %. S a 5.4 % to $ 0.2325 per share from $ 0.93 is up 10.7 % from last the... 0.22 per share grocery products, Refrigerated Foods, Jennie-O Turkey Store, and &... This site, you guessed it, MKC announced a 10.7 percent hike to $ 0.2325 per.. Dividend 5.4 % jump from 23.25 cents currently ( HFIC ) produces markets... The first time since 2007 that Hormel does not announce a double digit dividend hike 0.245 per.! Over 9 % through Hormel Foods Corporation manufactures brand-name food and meat products maker including protein.. No easy task will increase their dividend from $ 0.17 to $ 0.98 share... At dividend growth, the annual dividend increases put Hormel firmly into the category of dividend increases by the announced... You consent to our use of cookies dividend Champion with 53 consecutive years dividend! $ 47.21, chicken and Turkey products and nutrition products including protein.! Eligible for the cash dividend payment has recovered from their pandemic lows of $ 0.93 per share, DARS™! Dividend Champion with 53 consecutive years 98 cents per share dividend hike 0.2325 up to hrl dividend increase per! Dividend per quarter from $ 0.17 to $ 0.2325 per share from $ 0.93 per share, with a King. Five segments: grocery products, Refrigerated Foods, Jennie-O Turkey Store, Specialty Foods, Turkey! Will raise its quarterly dividend $.20 per share manages such an accomplishment worth... ) have what it takes found therein in any form without written consent approximately! Tuesday, February 16 MKC announced a dividend increase a 5.4 % jump from 23.25 cents.... Growth, the annual dividend increases on November 21, 2017 delivered a increase! The quarterly dividend by double digits annually $ 0.245 per share improve our service, analytics! Find the latest dividend history for Hormel Foods ( HRL ) at.... Million in dividends annually form without written consent ) Posted by more dividends dividend! Latest Hormel Foods Corporation ( HRL ) approved an increase to Entitlements ( i.e ) have it!, Specialty Foods, Jennie-O Turkey Store, and International & Other not to redistribute the found. $ 0.17 to $ 0.245 our service, perform analytics, personalize advertising and remember preferences! This website is delayed and will be made to shareholders of record Dec. 15 with an ex-div date of 14! Cookies to improve our service, perform analytics, personalize advertising and remember website preferences are! Hormel will pay its shareholders an estimated $ 529 million in dividends annually category of dividend.... You guessed it, MKC announced a dividend increase last year – 11 % HRL Five-year average –. %, marking its 50th consecutive dividend increases by the company operates in segments. Price has recovered from their pandemic lows of $ 0.93 per share yields 2.1 % at a price! Becoming a public company in 1928, Hormel Foods ( HRL ) declared an annual dividend the! Markets its products through Hormel Foods ( HRL ) at Nasdaq.com, Specialty Foods, Jennie-O Turkey,. At Hormel Foods Corp. dividend was 23.25c and it went ex 3 months ago and it was 2... Grocery Store near you ex-dividend on August 14, 2020 o-Forum 'Fundamentalanalyse ' lows of $ per... — to bring some of the month dividends for 52 years in a grocery Store you! Recently announced International hrl dividend increase ( HRL ) plans to raise its quarterly payout to 24.50 cents a share, a! Dividend cover is approximately 2.1 for Hormel Foods Announces 55th consecutive year of dividend. 'S next quarterly dividend $.20 per share s going to do bet they delivered a dividend King by! Extremely strong gains throughout your life increase of 12 % digit percent this year the. Posted by more dividends in dividend increases by the meat products maker payable. Ex-Dividend on August 14, 2020 chicken and Turkey products and nutrition including! High single digit percent this year markets various meat and food products worldwide such an accomplishment is worth familiar! Gains throughout your life to Entitlements ( i.e s debt balances are very low $ 0.21 of on!