Hormel Foods Corporation

Hormel Foods Corporation

HRLยทNYSE

$23.14

-0.90%
Consumer DefensivePackaged Foods

Hormel Foods Corporation develops, processes, and distributes various meat, nuts, and food products to retail, foodservice, deli, and commercial customers in the United States and internationally. The company operates through four segments: Grocery Products, Refrigerated Foods, Jennie-O Turkey Store, and International & Other. It provides various perishable products that include fresh meats, frozen items, refrigerated meal solutions, sausages, hams, guacamoles, and bacons; and shelf-stable products comprising canned luncheon meats, nut butters, snack nuts, chilies, shelf-stable microwaveable meals, hashes, stews, tortillas, salsas, tortilla chips, and others. The company also engages in the processing, marketing, and sale of branded and unbranded pork, beef, poultry, and turkey products, as well as offers nutritional food products and supplements, desserts and drink mixes, and industrial gelatin products. It sells its products primarily under the SKIPPY, SPAM, Hormel, Natural Choice, Applegate, Justin's, Jennie-O, Cafรฉ H, Herdez, Black Label, Sadler's, Columbus, Gatherings, Herdez, Wholly, Columbus, Planters, NUT-rition, Planters Cheez Balls, Corn Nuts, etc. brand names through sales personnel, independent brokers, and distributors. The company was formerly known as Geo. A. Hormel & Company and changed its name to Hormel Foods Corporation in January 1995. Hormel Foods Corporation was founded in 1891 and is headquartered in Austin, Minnesota.

At a Glance

Live Snapshot
Market Cap$12.73B
EPS0.8700
P/E Ratio26.60
Earnings Date06/04/2026
1.36%
Dividend Yield
17%
3Y+101.0%
5Y+156.0%
10Y+245.0%
102.18%
Dividend Payout Ratio
16%
3Y+47.0%
5Y+76.0%
10Y+160.0%
3Y+7.0%
5Y+22.0%
10Y+109.0%
Hormel Foods Corporation

Hormel Foods Corporation Dividend History

HRL ยท NYSE
10Y CAGR +0%
Latest $0
Annual $0
Stable dividend payments
Last Period: +0%

HRL Dividend Payment History

HRL ยท NYSE

Total Payments

50

Latest Dividend

$0.2920

Annual Amount

$1.4575

Frequency

Quarterly

DeclarationEx-DatePayment DateDividendAdjustedFrequencyGrowth
May 18, 2026
Jul 13, 2026Aug 17, 2026
$0.2920
$0.2920
Quarterly0.00%
Mar 23, 2026
Apr 13, 2026May 15, 2026
$0.2920
$0.2920
Quarterly0.00%
Nov 24, 2025
Jan 12, 2026Feb 17, 2026
$0.2920
$0.2920
Quarterly+0.69%
Sep 22, 2025
Oct 14, 2025Nov 17, 2025
$0.2900
$0.2900
Quarterly0.00%
May 19, 2025
Jul 14, 2025Aug 15, 2025
$0.2900
$0.2900
Quarterly0.00%
Mar 24, 2025
Apr 14, 2025May 15, 2025
$0.2900
$0.2900
Quarterly0.00%
Nov 25, 2024
Jan 13, 2025Feb 18, 2025
$0.2900
$0.2900
Quarterly+2.84%
Sep 23, 2024
Oct 15, 2024Nov 15, 2024
$0.2820
$0.2820
Quarterly0.00%
May 20, 2024
Jul 15, 2024Aug 15, 2024
$0.2820
$0.2820
Quarterly0.00%
Mar 25, 2024
Apr 15, 2024May 15, 2024
$0.2820
$0.2820
Quarterly0.00%
Nov 20, 2023
Jan 16, 2024Feb 15, 2024
$0.2820
$0.2820
Quarterly+2.55%
Sep 25, 2023
Oct 16, 2023Nov 15, 2023
$0.2750
$0.2750
Quarterly0.00%
May 22, 2023
Jul 17, 2023Aug 15, 2023
$0.2750
$0.2750
Quarterly0.00%
Mar 27, 2023
Apr 17, 2023May 15, 2023
$0.2750
$0.2750
Quarterly0.00%
Nov 21, 2022
Jan 17, 2023Feb 15, 2023
$0.2750
$0.2750
Quarterly+5.77%
Sep 26, 2022
Oct 17, 2022Nov 15, 2022
$0.2600
$0.2600
Quarterly0.00%
May 23, 2022
Jul 11, 2022Aug 15, 2022
$0.2600
$0.2600
Quarterly0.00%
Mar 28, 2022
Apr 11, 2022May 16, 2022
$0.2600
$0.2600
Quarterly0.00%
Nov 22, 2021
Jan 18, 2022Feb 15, 2022
$0.2600
$0.2600
Quarterly+6.12%
Sep 27, 2021
Oct 18, 2021Nov 15, 2021
$0.2450
$0.2450
Quarterly0.00%
May 24, 2021
Jul 12, 2021Aug 16, 2021
$0.2450
$0.2450
Quarterly0.00%
Mar 22, 2021
Apr 12, 2021May 17, 2021
$0.2450
$0.2450
Quarterly0.00%
Nov 23, 2020
Jan 11, 2021Feb 16, 2021
$0.2450
$0.2450
Quarterly+5.60%
Sep 29, 2020
Oct 19, 2020Nov 16, 2020
$0.2320
$0.2320
Quarterly0.00%
May 18, 2020
Jul 13, 2020Aug 17, 2020
$0.2320
$0.2320
Quarterly0.00%
Mar 23, 2020
Apr 13, 2020May 15, 2020
$0.2320
$0.2320
Quarterly0.00%
Nov 25, 2019
Jan 13, 2020Feb 18, 2020
$0.2320
$0.2320
Quarterly+10.48%
Sep 23, 2019
Oct 21, 2019Nov 15, 2019
$0.2100
$0.2100
Quarterly0.00%
May 21, 2019
Jul 15, 2019Aug 15, 2019
$0.2100
$0.2100
Quarterly0.00%
Mar 25, 2019
Apr 15, 2019May 15, 2019
$0.2100
$0.2100
Quarterly0.00%
Nov 19, 2018
Jan 14, 2019Feb 15, 2019
$0.2100
$0.2100
Quarterly+11.70%
Sep 24, 2018
Oct 22, 2018Nov 15, 2018
$0.1880
$0.1880
Quarterly0.00%
May 21, 2018
Jul 16, 2018Aug 15, 2018
$0.1880
$0.1880
Quarterly0.00%
Mar 26, 2018
Apr 16, 2018May 15, 2018
$0.1880
$0.1880
Quarterly0.00%
Nov 20, 2017
Jan 15, 2018Feb 15, 2018
$0.1880
$0.1880
Quarterly+10.59%
Sep 25, 2017
Oct 23, 2017Nov 15, 2017
$0.1700
$0.1700
Quarterly0.00%
May 23, 2017
Jul 17, 2017Aug 15, 2017
$0.1700
$0.1700
Quarterly0.00%
Mar 28, 2017
Apr 18, 2017May 15, 2017
$0.1700
$0.1700
Quarterly0.00%
Nov 21, 2016
Jan 17, 2017Feb 15, 2017
$0.1700
$0.1700
Quarterly+17.24%
Sep 26, 2016
Oct 24, 2016Nov 15, 2016
$0.1450
$0.1450
Quarterly0.00%
May 23, 2016
Jul 18, 2016Aug 15, 2016
$0.1450
$0.1450
Quarterly0.00%
Mar 29, 2016
Apr 18, 2016May 16, 2016
$0.1450
$0.1450
Quarterly0.00%
Nov 23, 2015
Jan 19, 2016Feb 16, 2016
$0.2900
$0.1450
Quarterly+16.00%
Sep 28, 2015
Oct 19, 2015Nov 16, 2015
$0.2500
$0.1250
Quarterly0.00%
May 18, 2015
Jul 20, 2015Aug 17, 2015
$0.2500
$0.1250
Quarterly0.00%
Mar 23, 2015
Apr 20, 2015May 15, 2015
$0.2500
$0.1250
Quarterly0.00%
Nov 25, 2014
Jan 20, 2015Feb 17, 2015
$0.2500
$0.1250
Quarterly+25.00%
Sep 22, 2014
Oct 20, 2014Nov 14, 2014
$0.2000
$0.1000
Quarterly0.00%
May 19, 2014
Jul 21, 2014Aug 15, 2014
$0.2000
$0.1000
Quarterly0.00%
Mar 24, 2014
Apr 21, 2014May 15, 2014
$0.2000
$0.1000
Quarterly-
hrl

Hormel Foods Corporation Payout Ratio Analysis

HRL ยท NYSE
Dividends Paid
-633.19M
2025
Net Income
478.20M
2025
Payout Ratio
132.41%
2025

Dividend Sustainability Analysis

Payout Ratio
132.41%

Conservative payout with excellent safety margin. Company retains significant earnings for growth, acquisitions, or building cash reserves. Dividend is highly sustainable.

FCF Payout Ratio
118.5%

FCF insufficient to cover dividends. Company relying on borrowing, asset sales, or cash reserves to maintain payout. Unsustainable long-term.

Dividend Growth
-3.0%

Dividend cut is concerning. Investigate whether due to one-time factors or fundamental business deterioration. Reassess dividend sustainability.

Sustainability
At Risk

Dividend appears unsustainable based on current metrics. High probability of reduction or elimination. Proceed with caution.

Key Insight

Unsustainable dividend: Company paying out more than it generates in earnings or free cash flow. Dividend cut highly probable unless management takes corrective action or earnings recover dramatically.