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Hormel Foods Corp (NYSE:HRL)
Dividend Payout Ratio
0.34 (As of Jan. 2016)

Hormel Foods Corp's dividend payout ratio for the three months ended in Jan. 2016 was 0.34.

HRL' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.19   Max: 1.9
Current: 0.38

0.19
1.9

During the past 13 years, the highest Dividend Payout Ratio of Hormel Foods Corp was 1.90. The lowest was 0.19. And the median was 0.32.

HRL's Dividend Payout Ratio is ranked higher than
66% of the 909 Companies
in the Global Packaged Foods industry.

( Industry Median: 0.36 vs. HRL: 0.38 )

As of Today, the Trailing Annual Dividend Yield of Hormel Foods Corp is 1.56%.

Good Sign:

Hormel Foods Corp stock dividend yield is close to 3-year high.

During the past 13 years, the highest Trailing Annual Dividend Yield of Hormel Foods Corp was 2.77%. The lowest was 1.18%. And the median was 1.64%.

Hormel Foods Corp's Dividends Per Share for the three months ended in Jan. 2016 was $0.15.

During the past 12 months, Hormel Foods Corp's average Dividends Per Share Growth Rate was 22.40% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 16.20% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 16.50% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 13.20% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Hormel Foods Corp was 17.40% per year. The lowest was 3.40% per year. And the median was 10.00% per year.

The growth rate is calculated with least square regression.

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


Definition

Dividend payout ratio measures the percentage of the company’s earnings paid out as dividends.

Hormel Foods Corp's Dividend Payout Ratio for the fiscal year that ended in Oct. 2014 is calculated as

Dividend Payout Ratio=Dividends Per Share (A: Oct. 2014 )/EPS without NRI (A: Oct. 2014 )
=0.4/1.115
=0.36

Hormel Foods Corp's Dividend Payout Ratio for the quarter that ended in Jan. 2016 is calculated as

Dividend Payout Ratio=Dividends Per Share (Q: Jan. 2016 )/EPS without NRI (Q: Jan. 2016 )
=0.145/0.43
=0.34

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.


Explanation

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.


Related Terms

EPS without NRI, Net Income, Dividends Per Share, Earnings per Share, Dividend Yield, 3-Year Dividends Growth Rate, 5-Year Dividends Growth Rate


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.

Hormel Foods Corp Annual Data

Oct06Oct07Oct08Oct09Oct10Oct11Oct12Oct13Oct14Oct15
payout 0.270.280.360.300.290.290.320.350.360.39

Hormel Foods Corp Quarterly Data

Jan14Apr14Jul14Oct14Jan15Apr15Jul15Oct15Jan16Apr16
payout 0.360.390.390.310.390.380.460.360.340.36
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