DIVIDEND ANNOUNCEMENT: Hormel Foods Corp. (NYSE:HRL) on 05/18/2020 declared a dividend of $0.2325 per share

Hormel Foods Corp. (NYSE:HRL) on 05/18/2020 declared a dividend of $ 0.2325 per share payable on August 17, 2020 to shareholders of record as of July 13, 2020.

Hormel Foods Corp. (NYSE:HRL) has paid dividends since 1928, has a current dividend yield of 1.9407346249% and has increased its dividends for 53 successive years.

Hormel Foods Corp.'s market cap is $ 25,770,225,920 and has a PE ratio of 26.48. The stock price closed yesterday at $ 47.92 and has a 52 week low/high of $ 37.00 and $ 51.53.

Hormel Foods is primarily engaged in the production of meat and food products and the marketing of those products throughout the United States and internationally. Co.'s segments are: Grocery Products, which consists of the processing, marketing, and sale of shelf-stable food products; Refrigerated Foods, which consists of the processing, marketing, and sale of branded and unbranded pork, beef, chicken, and turkey products; Jennie-O Turkey Store, which consists of the processing, marketing, and sale of branded and unbranded turkey products; and International and Other, which includes Hormel Foods International Corporation that manufactures, markets, and sells Co.'s products internationally.

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