Hormel Foods Corporation Marks a Milestone
Hormel Foods Corporation, a prominent name in the global food industry, has once again proven its commitment to shareholders by announcing a 1% increase in its quarterly dividend, pushing the annualized rate to an impressive $1.17 per share. This marks the company’s 60th consecutive annual dividend increase. The Board of Directors has set the quarterly dividend at 29.25 cents ($0.2925) per share, which is scheduled for payment on February 17, 2026. Shareholders of record as of January 12, 2026, will benefit from this payout.
The upcoming dividend payment will also signify the 390th consecutive quarterly dividend disbursed by Hormel Foods Corporation. Since its inception as a public entity in 1928, the company has maintained an uninterrupted track record of regular quarterly dividends, highlighting its steadiness and fiscal prudence in a competitive market.
A Legacy of Trust and Reliability
Hormel Foods Corporation has established itself as a trusted provider of food products, generating over $12 billion in annual revenue through its diverse portfolio of brands. This includes well-known names such as SPAM®, Skippy®, Planters®, and others. The company’s legacy represents not just financial growth, but an unwavering assurance to its investors and the community as a whole.
Recognition and Awards
With its long-standing commitment to quality and community responsibility, Hormel Foods has earned numerous accolades over the years. It is notably listed among the S&P 500 Index and recognized as one of America's most responsible companies by Newsweek. Moreover, Hormel was featured in TIME magazine as one of the World’s Best Companies, reflecting its high standard in corporate governance and community engagement.
The company embraces its purpose statement — 'Inspired People. Inspired Food.' This embodies Hormel's goal to provide a wide array of beloved brands while ensuring sustainability and responsible business practices.
Confidence in Future Growth
The 1% increase in the dividend is more than a simple financial adjustment; it underscores the Board of Directors' confidence in the future performance of Hormel Foods. By prioritizing shareholder returns while strategically growing its brand portfolio, Hormel continues to fortify its position in the competitive food sector.
As Hormel Foods Corporation approaches a new fiscal year, the steady uptick in dividends illustrates not only financial health but a solid operational strategy moving forward. The commitment to returning value to its shareholders will likely inspire additional investments and endorsements from current and potential stakeholders.
Conclusion
As Hormel Foods Corporation celebrates this milestone, it stands as a testament to the company’s resilience and positioned future growth. For investors and consumers alike, the strong performance reflects both a commitment to quality products and the continuous enhancement of shareholder value, ensuring that Hormel will remain a staple in kitchens worldwide for years to come. For more information about the company, visit
hormelfoods.com.