Hormel Foods Dividend
Hormel Foods Dividend history 25 years & estimates 2024 to 2026
Dividend Analysis of the Hormel Foods Stock
| Current dividend yield | 4.29 % |
| Dividendenrendite 5 Jahre | 8.02 % |
| Dividend Yield 10Y | 3.37 % |
| Payout 3Y | 5.68 % |
When does Hormel Foods pay a dividend?
The Hormel Foods stock dividend is paid 4 times a year. In order to receive a dividend, you should generally own the Hormel Foods stock before the ex-dividend date. The Dividend Calendar shows that the last ex-day dates were January, April, July and October . Dividends from Hormel Foods are distributed via February, May, August and November.
| Year | Dividend | Ex-day & Payday |
Frequency | |
|---|---|---|---|---|
| Fiscal Year | Dividend per Share | Ex-Day | Payday | Payment frequency |
| 2024 |
$0.2825
$0.28
|
Jul 15 2024
Jul 15 2024
Aug 15 2024
Jul 15 24
Aug 15 24 |
Aug 15 2024 |
quarterly
quarterly
|
| 2024 |
$0.2825
$0.28
|
Apr 12 2024
Apr 12 2024
May 15 2024
Apr 12 24
May 15 24 |
May 15 2024 |
quarterly
quarterly
|
| 2024 |
$0.2825
$0.28
|
Jan 12 2024
Jan 12 2024
Feb 15 2024
Jan 12 24
Feb 15 24 |
Feb 15 2024 |
quarterly
quarterly
|
| 2023 |
$0.275
$0.28
|
Oct 13 2023
Oct 13 2023
Nov 15 2023
Oct 13 23
Nov 15 23 |
Nov 15 2023 |
quarterly
quarterly
|
| 2023 |
$0.275
$0.28
|
Jul 14 2023
Jul 14 2023
Aug 15 2023
Jul 14 23
Aug 15 23 |
Aug 15 2023 |
quarterly
quarterly
|
| 2023 |
$0.275
$0.28
|
Apr 14 2023
Apr 14 2023
May 15 2023
Apr 14 23
May 15 23 |
May 15 2023 |
quarterly
quarterly
|
| 2023 |
$0.275
$0.28
|
Jan 13 2023
Jan 13 2023
Feb 15 2023
Jan 13 23
Feb 15 23 |
Feb 15 2023 |
quarterly
quarterly
|
| 2022 |
$0.26
$0.26
|
Oct 14 2022
Oct 14 2022
Nov 15 2022
Oct 14 22
Nov 15 22 |
Nov 15 2022 |
quarterly
quarterly
|
| 2022 |
$0.26
$0.26
|
Jul 08 2022
Jul 08 2022
Aug 15 2022
Jul 08 22
Aug 15 22 |
Aug 15 2022 |
quarterly
quarterly
|
| 2022 |
$0.26
$0.26
|
Apr 08 2022
Apr 08 2022
May 16 2022
Apr 08 22
May 16 22 |
May 16 2022 |
quarterly
quarterly
|
How much dividend does Hormel Foods pay?
Hormel Foods most recently paid a dividend of $0.28. Hormel Foods paid a Dividend of $1.10 Per Share in the financial year 2023. With a stock price of $32.57 at Sep 06 2024, the current dividend yield is 3.38% (calculation: $1.10 / $32.57 = 3.38%). No special dividend was paid.
What is the Hormel Foods Dividend Yield and payout ratio?
The average Hormel Foods dividend yield over the last 5 years is 2.17% and the average over the last 10 years is 2.02%.
The payout ratio of Hormel Foods in relation to the last financial year is 75.86%. The payout ratio smoothed over 3 years is 63.29%. The calculation is based on the sum of all dividend payments divided by the cumulative earnings per share(EPS).
| Metric | Hormel Foods |
|---|---|
| Current dividend yield | 3.38% |
| Dividend Yield 5Y | 2.17% |
| Dividend Yield 10Y | 2.02% |
| Payout 1Y | 75.86% |
| Payout 3Y | 63.29% |
Is the Hormel Foods dividend safe? Continuity & Dividend Growth
Is the Hormel Foods dividend safe?
Hormel Foods has been paying a dividend for 25 years and has not lowered the dividend for 25 years (dividend continuity). As a result, the dividend was recently increased 25-times.
The Dividend Growth in relation to the previous financial year amounts to 5.77%. The average Hormel Foods Dividend Growth over the last 5 years is 7.96%. The average for the last 10 years is 12.46%.
| Metric | Hormel Foods |
|---|---|
| Increased | 25 Years |
| Continuity | 25 Years |
| Paid | 25 Years |
| Growth 1Y | 5.77% |
| Growth 5Y | 7.96% |
| Growth 10Y | 12.46% |
Continuity
Hormel Foods has been paying a dividend for 25 years and has not lowered the dividend for 25 years (dividend continuity). As a result, the dividend was recently increased 25-times.
Dividend Growth
The Dividend Growth in relation to the previous financial year amounts to 5.77%. The average Hormel Foods Dividend Growth over the last 5 years is 7.96%. The average for the last 10 years is 12.46%.
Hormel Foods Stock Forecast 2024
On the stock exchange, the Hormel Foods stock (ISIN: US4404521001) is not traded as a top scorer in September 2024 according to the dividend strategy.
The stock price of Hormel Foods 1.43% has risen since the beginning of the year 2024. However, the return generated in the past says nothing about the future return. You can find the Hormel Foods stock price in real time at the top of the page.
Hormel Foods (symbol: HRL) is valued at a Price / Earnings Ratio (P/E ratio) of 22.88 and a price/sales ratio (P/S ratio) of 1.49 valued. Based on analyst estimates, the Hormel Foods stock forecast 2024 of the current financial year corresponds to a valuation of 21.00 according to P/E ratio and 1.49 according to P/S.
| Metric | Hormel Foods |
|---|---|
| Dividend Score | ??/15 |
| Performance 2024 |
1.43%
|
| P/E TTM | 22.88 |
| P/S TTM | 1.49 |
| P/E forward | 21.00 |
| P/S forward | 1.49 |
Hormel Foods (symbol: HRL) is valued at a Price / Earnings Ratio (P/E ratio) of 22.88 and a price/sales ratio (P/S ratio) of 1.49 valued. Based on analyst estimates, the Hormel Foods stock forecast 2024 of the current financial year corresponds to a valuation of 21.00 according to P/E ratio and 1.49 according to P/S.
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