In a recent announcement, Hormel Foods Corporation (NYSE: HRL) revealed that their Board of Directors has approved the payment of a quarterly dividend on the common stock. The dividend, set at 28.25 cents ($0.2825) per share, is scheduled to be paid on November 15, 2024, to stockholders of record as of October 15, 2024. This upcoming payment will mark the 385th consecutive quarterly dividend paid by the company since its inception in 1928.
About Hormel Foods
Hormel Foods Corporation, a Fortune 500 global branded food company based in Austin, Minnesota, operates in over 80 countries worldwide with an annual revenue exceeding $12 billion. The company boasts a diverse portfolio of well-known brands including Planters®, Skippy®, SPAM®, Hormel® Natural Choice®, Applegate®, Justin's®, and many others. Recognized for its commitment to corporate responsibility and community service, Hormel Foods has been named one of the best companies to work for by U.S. News & World Report and one of America's most responsible companies by Newsweek. As a member of the S&P 500 Index and the S&P 500 Dividend Aristocrats, Hormel Foods continues its legacy of delivering quality products that inspire people and their culinary experiences worldwide.
For more information about Hormel Foods Corporation and its extensive range of brands, please visit hormelfoods.com.