Hormel Foods Trading Volume Surges 159% to 377th Position Despite Stock Price Decline

On July 11, 2025, Hormel Foods (HRL) experienced a significant increase in trading volume, with a turnover of $254 million, marking a 159.01% rise from the previous day. This surge placed Hormel Foods at the 377th position in terms of trading volume for the day. However, despite the high trading volume, the stock price of Hormel Foods declined by 3.27%.

Hormel Foods is set to go ex-dividend on July 14, 2025. Shareholders of record on this date will receive a dividend of $0.29 per share, payable on August 15, 2025. This dividend represents an annualized payout of $1.16 per share, with a dividend yield of 3.68%. The company's dividend payout ratio is currently at 85.29%.

Hormel Foods has a strong track record of dividend growth, with a streak of 58 consecutive years of increasing dividends, making it a Dividend Aristocrat. The company's market capitalization as of July 2025 stands at $17.17 billion, positioning it as the 1198th most valuable company globally.