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Hormel Foods (Hormel Foods) Dividends per Share

: $1.11 (TTM As of Jan. 2024)
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Hormel Foods's dividends per share for the three months ended in Jan. 2024 was $0.28. Its dividends per share for the trailing twelve months (TTM) ended in Jan. 2024 was $1.11. Its Dividend Payout Ratio for the three months ended in Jan. 2024 was 0.69. As of today, Hormel Foods's Dividend Yield % is 3.21%.

During the past 12 months, Hormel Foods's average Dividends Per Share Growth Rate was 5.00% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 5.80% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 7.70% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 12.40% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Hormel Foods was 20.20% per year. The lowest was 3.10% per year. And the median was 11.15% per year.

For more information regarding to dividend, please check our Dividend Page.


Hormel Foods Dividends per Share Historical Data

The historical data trend for Hormel Foods's Dividends per Share can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Hormel Foods Annual Data
Trend Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
Dividends per Share
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.84 0.93 0.98 1.04 1.10

Hormel Foods Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
Dividends per Share Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.28 0.28 0.28 0.28 0.28

Competitive Comparison

For the Packaged Foods subindustry, Hormel Foods's Dividend Yield %, along with its competitors' market caps and Dividend Yield % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Hormel Foods Dividend Yield % Distribution

For the Consumer Packaged Goods industry and Consumer Defensive sector, Hormel Foods's Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Hormel Foods's Dividend Yield % falls into.



Hormel Foods Dividends per Share Calculation

Dividends paid to per common share.


Hormel Foods  (NYSE:HRL) Dividends per Share Explanation

1. Dividend Payout Ratio measures the percentage of the company's earnings paid out as dividends.

Hormel Foods's Dividend Payout Ratio for the quarter that ended in Jan. 2024 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Jan. 2024 )/ EPS without NRI (Q: Jan. 2024 )
=0.283/ 0.41
=0.69

During the past 13 years, the highest Dividend Payout Ratio of Hormel Foods was 0.68. The lowest was 0.35. And the median was 0.45.

2. Dividend Yield % measures how much a company pays out in dividends each year relative to its share price.

Hormel Foods Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.2832024-04-122024-04-152024-05-15Cash DividendquarterlyUSD:USD 1.000000
USD 0.2832024-01-122024-01-162024-02-15Cash DividendquarterlyUSD:USD 1.000000
USD 0.2752023-10-132023-10-162023-11-15Cash DividendquarterlyUSD:USD 1.000000
USD 0.2752023-07-142023-07-172023-08-15Cash DividendquarterlyUSD:USD 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.


Hormel Foods's Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=1.116/35.14
=3.18 %

Current Share Price is $35.14.
Hormel Foods's Dividends per Share for the trailing twelve months (TTM) ended in Today is $1.116.

During the past 13 years, the highest Dividend Yield of Hormel Foods was 3.82%. The lowest was 1.18%. And the median was 1.86%.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Hormel Foods Dividends per Share Related Terms

Thank you for viewing the detailed overview of Hormel Foods's Dividends per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Hormel Foods (Hormel Foods) Business Description

Address
1 Hormel Place, Austin, MN, USA, 55912-3680
Historically meat-focused, Hormel Foods broadened its lineup to include other protein offerings and become a branded food company. The firm sells its wares through multiple channels, including U.S. retail (64% of fiscal 2023 sales), U.S. food service (30%), and international (6%). By product, 53% of fiscal 2022 sales were from perishable food, 27% from shelf-stable, 17% from poultry, and 3% from other products. Major brands include Hormel, Spam, Jennie-O, Columbus, Applegate, Planters, and Skippy. Many of these hold the number one or two market share in their respective categories.
Executives
Susan K Nestegard director AMERICAN CAPITAL, LTD., 2 BETHESDA METRO, 14TH FLOOR, BETHESDA MD 20814
Kevin L Myers officer: Vice President 1 HORMEL PLACE, AUSTIN MN 55912
Deanna T Brady officer: Vice President 1 HORMEL STREET, AUSTIN MN 55912
Elsa A Murano director 1 HORMEL PLACE, AUSTIN MN 55912-3680
Pierre M Lilly officer: SVP & Chief Compliance Officer 1 HORMEL PLACE, AUSTIN MN 55912
Mark J Ourada officer: Group Vice President 1 HORMEL PLACE, AUSTIN MN 55912
Mark A Coffey officer: Vice President 1 HORMEL PLACE, AUSTIN MN 55912
Prado Becerra Jose Luis director 50 S. LASALLE STREET, CHICAGO IL 60603
Ray G Young director 77 WEST WACKER DR., SUITE 4600, CHICAGO IL 60601
Michael Paul Zechmeister director C/O UNITED NATURAL FOODS, INC., 313 IRON HORSE WAY, PROVIDENCE RI 02908
Patrick J Connor officer: Vice President 1 HORMEL PLACE, AUSTIN MN 55912
James P Snee officer: Vice President 1 HORMEL PLACE, AUSTIN MN 55912
Katherine M Losness-larson officer: Senior Vice President 1 HORMEL PLACE, AUSTIN MN 55912
Florence Makope officer: Vice President and Treasurer 1 HORMEL PLACE, AUSTIN MN 55912
Christopher J. Policinski director 4001 LEXINGTON AVENUE N., ARDEN HILLS MN 55126

Hormel Foods (Hormel Foods) Headlines