|
|
|
You can get e-magazine links on WhatsApp. Click here
|
|
|
|
|
|
Hormel Foods corporation announces 60th consecutive annual dividend increase
|
|
Wednesday, 26 November, 2025, 16 : 00 PM [IST]
|
|
Austin, Minnesota
|
Hormel Foods Corporation (NYSE: HRL), a Fortune 500 global branded food company, recently declared yet another annual dividend increase—the 60th straight year of raising its payout.
The company’s Board of Directors approved a 1 percent increase in the quarterly dividend, bringing the new annualised dividend rate to US $1.17 per share. The updated dividend of US $0.2925 per share will be paid on February 17, 2026 to shareholders of record as of the close of business on January 12, 2026.
This marks the 390th consecutive quarterly dividend payment by Hormel since its first in 1928, underlining the company’s long-standing commitment to returning capital to shareholders.
Hormel Foods, headquartered in Austin, Minnesota, has annual revenues exceeding US $12 billion and operates a portfolio of more than 30 well-known brands including Planters, Skippy, SPAM, Applegate, Justin’s, Jennie-O and others. The company is listed on the S&P 500 index and is a recognised member of the Dividend Aristocrats—companies that have increased dividends for at least 25 consecutive years.
The dividend leadership streak sends a strong signal to investors about Hormel’s stability and discipline in capital allocation, even amid challenging macroeconomic or industry conditions. As the food and packaged-goods sector undergoes changes in consumer behaviour, supply-chain cost pressures and raw-material volatility, Hormel’s sustained payout hike underlines its confidence in cash-flow generation and long-term earnings potential.
For shareholders, the continued raise may boost investor confidence and reflect a board rubric that rewards consistent performance and shareholder value creation. It also reinforces Hormel’s reputation for conservative financial management and dependable returns in the consumer-food space.
Looking ahead, Hormel will aim to maintain its dividend policy while balancing reinvestment in innovation, brand expansion and operational efficiency in response to evolving food-industry dynamics.
|
|
|
|
|
|
|
|
|
|