Business
Hormel Foods Corporation Announces 60th Consecutive Increase to the Annual Dividend
The Board of Directors of Hormel Foods Corporation (NYSE: HRL), a Fortune 500 global branded food company, today announced a 1 percent increase to the quarterly dividend, raising the implied annualized rate to $1.17 per share, marking the 60th consecutive annual dividend increase.
About this update from Hormel Foods Corporation
[{"type":"text","content":"AUSTIN, Minn., Nov. 24, 2025 /PRNewswire/ -- The Board of Directors of Hormel Foods Corporation (NYSE: HRL), a Fortune 500 global branded food company, today announced a 1 percent increase to the quarterly dividend, raising the implied annualized rate to $1.17 per share, marking the 60th consecutive annual dividend increase.","length":331,"tagName":"p"},{"type":"image","alt":"Hormel Foods Corporation, based in Austin, Minnesota, is a global branded food company with approximately $12 billion in annual revenue across more than 80 countries worldwide. (PRNewsfoto/Hormel Foods Corporation)","displaySize":"","headline":null,"caption":"Hormel Foods Corporation, based in Austin, Minnesota, is a global branded food company with approximately $12 billion in annual revenue across more than 80 countries worldwide. (PRNewsfoto/Hormel Foods Corporation)","className":"","disableSlideshowImg":false,"size":{"original":{"width":400,"height":223,"url":"https://media.zenfs.com/en/prnewswire.com/83cba91016761f663d3c39df5eaaa30f"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/glQbEe3D1zw6.7NjPc.pEw--/YXBwaWQ9aGlnaGxhbmRlcjt3PTcwNTtoPTM5MztjZj13ZWJw/https://media.zenfs.com/en/prnewswire.com/83cba91016761f663d3c39df5eaaa30f","width":400,"height":223}},"href":"https://mma.prnewswire.com/media/2774643/Hormel_Foods_Logo.html","hrefExternal":true,"rel":"nofollow"},{"type":"text","content":"The Board of Directors authorized a quarterly dividend of 29.25 cents ($0.2925) a share to be paid on February 17, 2026, to stockholders of record at the close of business on January 12, 2026.","length":192,"tagName":"p"},{"type":"text","content":"The February 17, 2026 payment will be the 390th consecutive quarterly dividend paid by the company. Since becoming a public company in 1928, Hormel Foods Corporation has paid a regular quarterly dividend without interruption.","length":225,"tagName":"p"},{"type":"text","content":"ABOUT HORMEL FOODS - Inspired People. Inspired Food.™Hormel Foods Corporation, based in Austin, Minnesota, is a global branded food company with over $12 billion in annual revenue. Its brands include Planters®, Skippy®, SPAM®, Hormel® Natural Choice®, Applegate®, Justin's®, Wholly®, Hormel® Black Label®, Columbus®, Jennie-O® and more than 30 other beloved brands. The company is a member of the S&P 500 Index and the S&P 500 Divi...