What is the story about?
What's Happening?
Hormel Foods Corporation has declared its quarterly dividend on common stock, authorized at 29 cents per share. The dividend will be paid on November 17, 2025, to stockholders of record as of October 14, 2025. This marks the 389th consecutive quarterly dividend paid by Hormel Foods since it became a public company in 1928. Hormel Foods, based in Austin, Minnesota, is a global branded food company with annual revenue of approximately $12 billion. The company is recognized for its corporate responsibility and community service efforts, and it is a member of the S&P 500 Index and the S&P 500 Dividend Aristocrats.
Why It's Important?
Hormel Foods' consistent dividend payments reflect its financial stability and commitment to shareholder value. As a member of the S&P 500 Dividend Aristocrats, Hormel Foods is recognized for its reliable dividend history, which can attract investors seeking steady income. The company's strong brand portfolio and global presence contribute to its ability to maintain regular dividend payments. Hormel Foods' focus on corporate responsibility and community service enhances its reputation and can positively impact its business operations and stakeholder relationships. The announcement underscores the company's financial health and strategic approach to shareholder returns.
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