Hormel Foods Corporation
HRL38 yrs growthConsumer Defensive · Stock · quarterly payer
$23.29
Add to PortfolioForward Yield
5.02%
Annual Dividend
$1.17
Payout Ratio
137%
5-Yr Growth
4.5%
Ex-Date
Jul 13, 2026
Frequency
Quarterly
HRL Dividend Safety Score
70/ 100
Grade B
Safe
Dividend-growth streak24 consecutive years of growth
Cut historyCut its dividend in 2001
Earnings payout coverage137% of earnings paid out
Free-cash-flow coverage137% of free cash flow
Balance-sheet strengthDebt/equity of 4.24
Yield vs its historyYield is 1.7× its 5-yr average — elevated
SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.
Dividend Growth
Total dividends per share by year
Is HRL a good dividend stock?
Yes, with caveatsHormel Foods Corporation (HRL) pays a quarterly dividend yielding 5.02% ($1.17/yr), with 38 years of growth and a dividend-safety grade of B. It's a solid income payer, but check the caveats below before buying.
Advantages
- Dividend Aristocrat — 38 consecutive years of growth
Risks
- Cut its dividend in 2001
- Elevated payout ratio (137%)
- Share price is down over the past 5 years
Key Data
- Dividend Yield
- 5.02%
- Payout Ratio
- 137%
- Annual Dividend
- $1.17
- 5-Yr Avg Growth
- 4.5%
- Ex-Dividend Date
- Jul 13, 2026
- Years of Growth
- 38
- Frequency
- quarterly
- Beta
- 0.34
- Market Cap
- $12.8B
- P/E Ratio
- 27.4
- 5-Yr Total Return
- -51%
- 52-Week Range
- $19.70 – $31.86
- Dividend Safety
- B · 70/100
- Ever Cut?
- Yes (2001)
Frequently Asked Questions
Dividend History
| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| Apr 13, 2026 | — | $0.2930 | regular |
| Jan 12, 2026 | — | $0.2930 | regular |
| Oct 14, 2025 | — | $0.2900 | regular |
| Jul 14, 2025 | — | $0.2900 | regular |
| Apr 14, 2025 | — | $0.2900 | regular |
| Jan 13, 2025 | — | $0.2900 | regular |
| Oct 15, 2024 | — | $0.2830 | regular |
| Jul 15, 2024 | — | $0.2830 | regular |
| Apr 12, 2024 | — | $0.2830 | regular |
| Jan 12, 2024 | — | $0.2830 | regular |
| Oct 13, 2023 | — | $0.2750 | regular |
| Jul 14, 2023 | — | $0.2750 | regular |
| Apr 14, 2023 | — | $0.2750 | regular |
| Jan 13, 2023 | — | $0.2750 | regular |
Income Calculator
At $1.17 / yr per share
Per payment (quarterly)$29.25
Annual$117.00
Monthly avg$9.75
