Hormel Foods Corporation (NYSE: HRL), a multinational marketer of consumer-branded food and meat products, announced today that its quarterly dividend on the common stock, authorized by the Board of Directors at fourteen and a half cents (14.5¢) a share on September 26, 2016, will be paid November 15, 2016, to stockholders of record at the close of business on October 24, 2016.
The November 15 payment will be the 353rd consecutive quarterly dividend paid by the company. Since becoming a public company in 1928, Hormel Foods Corporation has paid a regular quarterly dividend without interruption.
About Hormel Foods
Hormel Foods Corporation, based in
Austin, Minn., is a multinational manufacturer and marketer of
consumer-branded food and meat products, many of which are among the
best known and trusted in the food industry. Hormel Foods, which
leverages its extensive expertise, innovation and high competencies in
pork and turkey processing and marketing to bring branded, value-added
products to the global marketplace, is celebrating its 125th
anniversary in 2016. The company is a member of the Standard & Poor's
(S&P) 500 Index, S&P 500 Dividend Aristocrats, and was named one of “The
100 Best Corporate Citizens” by Corporate Responsibility Magazine for
the eighth year in a row. Hormel Foods also received a perfect score on
the 2016 Human Rights Campaign Foundation’s Corporate Equality Index,
was recognized on the 2016 Best for Vets Employers List by Military
Times, and was named one of the 2016 Best Companies for Leaders by Chief
Executive magazine. The company enjoys a strong reputation among
consumers, retail grocers, foodservice and industrial customers for
products highly regarded for quality, taste, nutrition, convenience and
value. For more information, visit http://www.hormelfoods.com
and http://2015csr.hormelfoods.com/.
View source version on businesswire.com: http://www.businesswire.com/news/home/20160926006354/en/
Contacts:
Richard M. Williamson, 507-437-5345
media@hormel.com