Dividend Details
Calculate HRL Dividend Income
Quick Facts
- Yield: 3.9%
- Frequency: Quarterly
- Sector: Consumer Staples
- Streak: 58 years
About Hormel Foods
Hormel Foods is a Dividend Aristocrat with 58 consecutive years of dividend increases.
58 consecutive years of dividend increases, — the company has raised its payout through recessions, rate hikes, and market downturns alike.
HRL Dividend FAQ
What is HRL's current dividend yield and payout?
HRL currently yields 3.9% annually, paying $1.09 per share per year based on a share price of $28.00. This translates to $0.2725 per share per quarter.
How often does HRL pay dividends?
HRL distributes dividends quarterly, following the standard schedule of most S&P 500 companies. Quarterly payments typically arrive in March, June, September, and December, though exact dates vary. Each payment is approximately $0.2725 per share.
How much does $10,000 invested in HRL pay in dividends?
A $10,000 investment in HRL at $28.00 per share buys approximately 357 shares. At the current 3.9% yield, this generates approximately $390 per year, or $33 per month in dividend income before taxes.
How long has HRL been increasing dividends?
HRL has increased its dividend for 58 consecutive years, qualifying as a Dividend King — one of only ~50 companies with 50+ years of unbroken dividend growth. This places HRL among the most reliable income investments in existence.
Is HRL's dividend sustainable?
With 58 years of consecutive increases through recessions and market crises, HRL has one of the strongest dividend safety profiles in the market.
HRL Dividend Investing Guide
Hormel Foods (HRL) represents a compelling opportunity for dividend investors seeking balanced yield and growth in their portfolios. As a consumer staples sector stock, HRL offers exposure to essential consumer goods that remain in demand regardless of economic conditions.
As a Dividend Aristocrat with 58 consecutive years of dividend increases, HRL has raised its dividend through multiple recessions, rate cycles, and market crashes over those 58 years. That kind of track record comes from management teams that prioritize the payout and have the earnings power to back it up.
To maximize returns from HRL dividends, consider strategies like dividend reinvestment (DRIP) to compound growth over time, tax-efficient account placement for qualified dividends, and portfolio diversification across sectors and payment schedules. Use our DRIP calculator to project long-term growth or our tax calculator to estimate after-tax income from your HRL investment.