DIVIDEND ANNOUNCEMENT: Hormel Foods Corp. (NYSE:HRL) on 11/22/2021 declared a dividend of $0.2600 per share

Hormel Foods Corp. (NYSE:HRL) on 11/22/2021 declared a dividend of $ 0.2600 per share payable on February 15, 2022 to shareholders of record as of January 18, 2022. Dividend amount recorded is an increase of $ 0.015 from last dividend Paid.

Hormel Foods Corp. (NYSE:HRL) has paid dividends since 1928, has a current dividend yield of 2.2988505363% and has increased its dividends for 54 successive years.

Hormel Foods Corp.'s market cap is $ 23,129,204,910 and has a PE ratio of 26.98. The stock price closed yesterday at $ 42.63 and has a 52 week low/high of $ 40.48 and $ 50.86.

Hormel Foods is primarily engaged in the production of meat and food products and the marketing of those products throughout the U.S. 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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