Hormel Raises Dividend for 51st Year in a Row

In addition to Hormel’s (HRL) earnings report, the company raised its quarterly dividend for the 51st year in a row. The quarterly payout will rise 17% from 14.5 cents to 17 cents per share. That brings the annual dividend to 68 cents per share. Based on Monday’s close, that works out to a yield of nearly 2% exactly.

Posted by on November 22nd, 2016 at 9:37 am


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