Hormel Foods Corporation Announces Latest Quarterly Dividend for Shareholders

Hormel Foods Corporation Announces Quarterly Dividend

Hormel Foods Corporation, a prominent player in the global food industry, has officially declared its quarterly dividend for shareholders. On March 24, 2025, the company announced that it will pay a dividend of $0.29 per share to its stockholders. This payment is scheduled for May 15, 2025, and will reward investors who are on record as of the close of business on April 14, 2025.

This upcoming payment marks a significant milestone for Hormel Foods, as it represents the 387th consecutive quarterly dividend distributed by the company since it went public in 1928. Such a consistent performance in dividend payments showcases Hormel’s commitment to its shareholders and its financial stability over the decades. Not only is Hormel Foods recognized as a member of the S&P 500 Index, but it is also celebrated as one of the S&P 500 Dividend Aristocrats due to its impressive dividend history.

Founded in Austin, Minnesota, Hormel Foods has grown from its humble beginnings into a legendary food corporation with an annual revenue of approximately $12 billion, serving more than 80 countries around the globe. Known for its iconic brands including SPAM®, Planters®, and Skippy®, Hormel Foods has something for everyone in the food market.

A Legacy of Giving Back

What makes Hormel Foods stand out beyond its impressive product lineup is its dedication to corporate responsibility and community service. The company adheres to its purpose statement — Inspired People. Inspired Food. — which fuels its commitment to providing high-quality products while also giving back to the communities it serves.

Among its many achievements, Hormel Foods has received accolades for its workplace culture, being recognized as one of the best companies to work for by U.S. News & World Report and acknowledged by TIME magazine as one of the World’s Best Companies. These recognitions highlight Hormel’s dedication not just to profits, but to its employees and consumers alike.

Looking Forward

As the date for the dividend payment approaches, investors are likely to feel optimistic about the company's future performance. Hormel’s proven track record in delivering consistent returns to shareholders demonstrates its ability to navigate market changes effectively. With the upcoming dividend, shareholders can expect a continuation of Hormel Foods’ commitment to enriching lives through responsible business practices and wholesome foods.

With a focus on innovation and sustainability, Hormel Foods is eager to stay ahead in a competitive food industry landscape while making a positive impact on society. The May 15 dividend payout is just another way Hormel affirms its ongoing dedication to being a reliable and trusted name among investors and consumers alike. Whether you’re enjoying a quick snack or preparing a family meal, Hormel’s products aim to inspire enjoyable and wholesome dining experiences.

In conclusion, as Hormel Foods Corporation continues its legacy of steady dividend payments, shareholders can look forward to a thriving future for both their investments and the company’s mission of providing inspired food for inspired living.