Hormel Foods to Pay Quarterly Dividend of $0.29 Per Share

Hormel Foods Corp. (HRL) will pay a cash dividend of $0.29 per share on 8/15/25, with an ex-dividend date of 7/14/25. The dividend works out to approximately 0.93% of HRL's recent stock price of $31.27. The company's quarterly dividend is a continuation of its history of predictable dividend payments, with a current estimated annual yield of 3.71%.

Hormel Foods Corp. (HRL), a leading producer of meat, nuts, and other food products, has announced a cash dividend of $0.29 per share on August 15, 2025, with an ex-dividend date of July 14, 2025. This dividend represents a yield of approximately 0.93% based on the recent stock price of $31.27. The company has a history of predictable dividend payments, with an estimated annual yield of 3.71% [1].

The announcement comes amid mixed earnings results for the second quarter of the 2025 fiscal year. While revenue of $2.90 billion was a slight miss from expectations, adjusted earnings per share (EPS) of 35 cents were in line with estimates. Revenue grew year-over-year, but EPS decreased by about 10% due to tariff pressures. Despite these challenges, the company maintained its full-year guidance for net sales between $12 and $12.2 billion and adjusted EPS between $1.58 and $1.68 [2].

Analysts have been generally optimistic about Hormel Foods. Four equities research analysts have rated the stock with a hold rating, two have given a buy rating, and one has given a strong buy rating. The average rating is "Moderate Buy" with an average target price of $32.86. BNP Paribas Exane, Goldman Sachs Group, Stephens, and Bank of America have all upgraded their ratings on the stock, reflecting a more positive outlook [1].

Investors should note that Hormel Foods operates in the defensive consumer staples sector, which tends to perform well during economic downturns. The company's products, such as Spam and other pre-packaged meals, are staple items that are less sensitive to economic conditions. Additionally, ongoing court challenges to Trump-era tariffs may ease cost pressures on Hormel’s supply chain, potentially boosting margins in upcoming quarters [2].

In conclusion, Hormel Foods Corp. has announced a cash dividend of $0.29 per share, with an attractive dividend yield of 3.71%. Despite mixed earnings results, the company has maintained its full-year guidance and has received positive analyst ratings. Investors should consider these factors when evaluating the stock.

References:

[1] https://www.marketbeat.com/instant-alerts/filing-teacher-retirement-system-of-texas-purchases-64577-shares-of-hormel-foods-corporation-nysehrl-2025-07-08/
[2] https://www.marketbeat.com/originals/hormel-stock-near-lows-but-tariff-relief-could-boost-outlook/