Hormel Foods Corporation (HRL) Dividend History
Income profile from 1985 to 2026 with payout safety and yield-on-cost trend
HRL Dividend Income Check
Safety
1.3% payout ratio with sustainable safety profile.
Consistency
34 straight years of dividend increases.
Income Trend
Yield on cost is 2.5% and trend is rising.
HRL Dividend Scorecard
Yield & Income
Payout Safety
Growth
Total Returns
Uses precomputed total return metrics from screening data (not lot-by-lot dividend reinvestment transactions). Different time windows can produce different outcomes depending on market regime and entry point.
HRL Income Growth Story
Dividend per share and yield on cost over time (42 years of payments)
HRL Dividend Safety Story
EPS is the container — dividend is what's drawn out
Dividend Analysis
Payout Safety
Hormel Foods Corporation distributes 1.3% of earnings as dividends (Sustainable). When measured against free cash flow—a stricter test—the payout ratio stands at 109.6%, rated "Stretched".
Piotroski F-Score: 5/9 — moderate financial health.
Growth Track Record
HRL has raised its dividend for 34 consecutive years, with a 3-year CAGR of 3.7% and 5-year CAGR of 4.5%.
Total Shareholder Returns
Beyond cash dividends, HRL returns capital through share repurchases. The combined picture: 5.6% dividend yield, 5.6% total shareholder yield.
Income Trend & Total Return
Yield on cost (5-year basis) has reached 2.5% and is currently rising. The 5-year total return is -44.8%, with dividends contributing 11.6% of that performance.
DRIP Growth
A $10,000 investment made 10 years ago with dividends reinvested would have grown to approximately $7,830 today.
HRL Recent Dividend Payments
Last 20 payments · Semi-Annual
| Ex-Date | Amount | Change | Yield % | Payment Date |
|---|---|---|---|---|
| Apr 13, 2026Latest | $0.2930 | ↑ +0.2% | 5.69% | May 15, 2026 |
| Jan 12, 2026 | $0.2925 | ↑ +0.9% | 5.09% | Feb 17, 2026 |
| Oct 14, 2025 | $0.2900 | — | 4.85% | Nov 17, 2025 |
| Jul 14, 2025 | $0.2900 | — | 3.87% | Aug 15, 2025 |
| Apr 14, 2025 | $0.2900 | — | 3.75% | May 15, 2025 |
| Jan 13, 2025 | $0.2900 | ↑ +2.7% | 3.76% | Feb 18, 2025 |
| Oct 15, 2024 | $0.2825 | — | 3.63% | Nov 15, 2024 |
| Jul 15, 2024 | $0.2825 | — | 3.67% | Aug 15, 2024 |
HRL Dividend vs Peers
Comparable companies in the same industry
| Company | Mkt Cap | Yield | Payout | Streak | Safety |
|---|---|---|---|---|---|
| $11.4B | 5.6% | 1.3% | 34 | Sustainable | |
| $24.2B | 2.9% | 1.5% | 13 | Sustainable | |
| $10.3B | 3.9% | 40.1% | 1 | Sustainable | |
1st | $7.4B | 26.7% | 1.8% | 1 | Sustainable |
| $6.0B | 3.4% | 57.9% | 7 | Sustainable | |
3rd | $6.2B | 7.3% | 76.2% | 1 | Watch |
2nd | $6.7B | 9.9% | 58.1% | 6 | Sustainable |
| $10.3B | 4.4% | — | 15 | Unknown | |
| $12.3B | 3.7% | 61.2% | 27 | Watch |
HRL Annual Dividend History (1985–2026)
42 years of dividend data
| Year | DPS | YoY | Pmts | EPS | Payout | Coverage | YOC |
|---|---|---|---|---|---|---|---|
| 2026YTD | $0.59 | — | 2 | — | — | — | 1.3% |
| 2025 | $1.16 | 2.7% | 4 | $0.87 | 133.3% | 0.75x | 2.5% |
| 2024 | $1.13 | 2.7% | 4 | $1.47 | 76.9% | 1.30x | 2.4% |
| 2023 | $1.10 | 5.8% | 4 | $1.45 | 75.9% | 1.32x | 2.4% |
| 2022 | $1.04 | 6.1% | 4 | $1.82 | 57.1% | 1.75x | 2.2% |
| 2021 | $0.98 | 5.4% | 4 | $1.66 | 59.0% | 1.69x | 2.1% |
| 2020 | $0.93 | 10.7% | 4 | $1.66 | 56.0% | 1.78x | 2.0% |
| 2019 | $0.84 | 12.0% | 4 | $1.80 | 46.7% | 2.14x | 1.8% |
| 2018 | $0.75 | 10.3% | 4 | $1.86 | 40.3% | 2.48x | 1.6% |
| 2017 | $0.68 | 17.2% | 4 | $1.57 | 43.3% | 2.31x | 1.5% |
Full HRL Stock Analysis
Analyst consensus, bull case, AI-generated risk factors, and peer comparison — all in one place.
See HRL's True Return
Price is only half the story. See total return with reinvested dividends.
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Start ComparisonHRL — Frequently Asked Questions
Quick answers to the most common questions about buying HRL stock.
How much dividend does HRL pay per share?
Hormel Foods Corporation (HRL) pays a trailing 12-month dividend of $1.15 per share, with a current dividend yield of +5.6%. Payments are made Semi-Annual.
When is HRL's next ex-dividend date?
HRL's most recent ex-dividend date is N/A. You must own shares before the ex-dividend date to receive the next payment. HRL typically pays dividends Semi-Annual.
Is HRL's dividend safe?
HRL's dividend safety is rated "Sustainable" based on an earnings payout ratio of +1.3% and FCF payout ratio of +109.6%. With 34 consecutive years of dividend growth, the track record supports sustainability.
Is HRL a Dividend Aristocrat?
Yes, Hormel Foods Corporation is classified as a Dividend Aristocrat with 34 consecutive years of dividend increases. The 5-year dividend CAGR is +4.5%, demonstrating modest dividend growth.
How often does HRL pay dividends?
Hormel Foods Corporation pays dividends Semi-Annual. The trailing 12-month total is $1.15 per share. Dividend data on this page covers 41+ years from 1985 to 2026.
How much would $10,000 invested in HRL grow with dividend reinvestment?
With dividends reinvested (DRIP), $10,000 invested in HRL five years ago would be worth approximately $5,520 today. This includes both price appreciation and compounded dividend reinvestment. Use the DRIP calculator above for other time periods.
What is HRL's yield on cost for long-term holders?
HRL's yield on cost — the current dividend divided by the original purchase price — is +2.5% for a 5-year holding period. This means long-term holders earn a higher effective yield than today's +5.6% market yield, thanks to consistent dividend growth.