Hormel Foods (HRL) Dividend History & Yield
Dividend ChampionHormel Foods (HRL) has increased its dividend for 25 consecutive years and currently yields 5.61%. The most recent dividend was $0.2925/share on May 15, 2026, paid Quarterly.
HRL
Current Yield
5.61%
TTM Dividend/Share
$1.17
Payment Frequency
Quarterly
Payout Ratio
130.9%
Consecutive Growth Years
25 (Dividend Champion)
Div Growth (1Y CAGR)
2.65%
Div Growth (5Y CAGR)
4.52%
Div Growth (10Y CAGR)
8.78%
HRL: compare the "Now" marker to the 1Y / 3Y / 5Y averages on the scale. One valuation signal among many — review fundamentals before investing.
Dividend health
Chowder score
10.1%
FCF payout ratio
27.6%
Net debt / EBITDA
1.9x
Interest coverage
9.37x
ROIC (TTM)
5.0%
Dividend Safety Score
5 out of 8 checks passed
Payout ratio below 75%
Payout ratio is 130.9%, above the 75% threshold.
Free cash flow covers dividend
FCF/share ($0.97) does not fully cover dividend/share ($1.17).
No dividend cuts in 10+ years
No dividend cuts in the last 10 years.
Positive earnings growth trend
Earnings per share have grown over the past 5 years.
10+ years of consecutive growth
25 consecutive years of dividend growth.
FCF payout ratio below 70%
FCF payout ratio is 27.6%, below the 70% threshold.
Net Debt/EBITDA below 3x
Net Debt/EBITDA is 1.9x.
Dividend growth ≤ earnings growth (5Y)
Dividend growth (4.5%) exceeds EPS growth (0.2%) — payout ratio expanding.
Per-payment dividend history
Ex-date Apr 13, 2026
- Payment date
- May 15, 2026
- Dividend
- $0.2925
- Adj. dividend
- $0.2925
Ex-date Jan 12, 2026
- Payment date
- Feb 17, 2026
- Dividend
- $0.2925
- Adj. dividend
- $0.2925
Ex-date Oct 14, 2025
- Payment date
- Nov 17, 2025
- Dividend
- $0.2900
- Adj. dividend
- $0.2900
Ex-date Jul 14, 2025
- Payment date
- Aug 15, 2025
- Dividend
- $0.2900
- Adj. dividend
- $0.2900
Ex-date Apr 14, 2025
- Payment date
- May 15, 2025
- Dividend
- $0.2900
- Adj. dividend
- $0.2900
Ex-date Jan 13, 2025
- Payment date
- Feb 18, 2025
- Dividend
- $0.2900
- Adj. dividend
- $0.2900
Ex-date Oct 15, 2024
- Payment date
- Nov 15, 2024
- Dividend
- $0.2825
- Adj. dividend
- $0.2825
Ex-date Jul 15, 2024
- Payment date
- Aug 15, 2024
- Dividend
- $0.2825
- Adj. dividend
- $0.2825
Ex-date Apr 12, 2024
- Payment date
- May 15, 2024
- Dividend
- $0.2825
- Adj. dividend
- $0.2825
Ex-date Jan 12, 2024
- Payment date
- Feb 15, 2024
- Dividend
- $0.2825
- Adj. dividend
- $0.2825
Ex-date Oct 13, 2023
- Payment date
- Nov 15, 2023
- Dividend
- $0.2750
- Adj. dividend
- $0.2750
Ex-date Jul 14, 2023
- Payment date
- Aug 15, 2023
- Dividend
- $0.2750
- Adj. dividend
- $0.2750
| Ex-Date | Payment Date | Dividend | Adj. Dividend |
|---|---|---|---|
| Apr 13, 2026 | May 15, 2026 | $0.2925 | $0.2925 |
| Jan 12, 2026 | Feb 17, 2026 | $0.2925 | $0.2925 |
| Oct 14, 2025 | Nov 17, 2025 | $0.2900 | $0.2900 |
| Jul 14, 2025 | Aug 15, 2025 | $0.2900 | $0.2900 |
| Apr 14, 2025 | May 15, 2025 | $0.2900 | $0.2900 |
| Jan 13, 2025 | Feb 18, 2025 | $0.2900 | $0.2900 |
| Oct 15, 2024 | Nov 15, 2024 | $0.2825 | $0.2825 |
| Jul 15, 2024 | Aug 15, 2024 | $0.2825 | $0.2825 |
| Apr 12, 2024 | May 15, 2024 | $0.2825 | $0.2825 |
| Jan 12, 2024 | Feb 15, 2024 | $0.2825 | $0.2825 |
| Oct 13, 2023 | Nov 15, 2023 | $0.2750 | $0.2750 |
| Jul 14, 2023 | Aug 15, 2023 | $0.2750 | $0.2750 |
Historical Dividend Yield
Dividend Growth
Dividend Increase Track Record
Hormel Foods has raised its total annual dividend (split-adjusted, by ex-dividend calendar year) versus the prior year for 25 consecutive years — the same figure as the "Consecutive Growth Years" card above.
| Year | Previous DPS | New DPS | Change |
|---|---|---|---|
| 2026 | $1.1600 | — | — |
| 2025 | $1.1300 | $1.1600 | +2.7% |
| 2024 | $1.1000 | $1.1300 | +2.7% |
| 2023 | $1.0400 | $1.1000 | +5.8% |
| 2022 | $0.9800 | $1.0400 | +6.1% |
| 2021 | $0.9300 | $0.9800 | +5.4% |
| 2020 | $0.8400 | $0.9300 | +10.7% |
| 2019 | $0.7500 | $0.8400 | +12.0% |
| 2018 | $0.6800 | $0.7500 | +10.3% |
| 2017 | $0.5800 | $0.6800 | +17.2% |
| 2016 | $0.5000 | $0.5800 | +16.0% |
| 2015 | $0.4000 | $0.5000 | +25.0% |
| 2014 | $0.3400 | $0.4000 | +17.6% |
| 2013 | $0.3000 | $0.3400 | +13.3% |
| 2012 | $0.2550 | $0.3000 | +17.6% |
| 2011 | $0.2100 | $0.2550 | +21.4% |
| 2010 | $0.1900 | $0.2100 | +10.5% |
| 2009 | $0.1850 | $0.1900 | +2.7% |
| 2008 | $0.1500 | $0.1850 | +23.3% |
| 2007 | $0.1400 | $0.1500 | +7.1% |
| 2006 | $0.1300 | $0.1400 | +7.7% |
| 2005 | $0.1130 | $0.1300 | +15.0% |
| 2004 | $0.1050 | $0.1130 | +7.6% |
| 2003 | $0.0980 | $0.1050 | +7.1% |
| 2002 | $0.0755 | $0.0980 | +29.8% |
| 2001 | $0.0875 | $0.0755 | -13.7% |
| 2000 | $0.0825 | $0.0875 | +6.1% |
| 1999 | $0.0800 | $0.0825 | +3.1% |
| 1998 | $0.0775 | $0.0800 | +3.2% |
| 1997 | $0.0750 | $0.0775 | +3.3% |
| 1996 | $0.0713 | $0.0750 | +5.3% |
| 1995 | $0.0625 | $0.0713 | +14.0% |
| 1994 | $0.0550 | $0.0625 | +13.6% |
| 1993 | $0.0450 | $0.0550 | +22.2% |
| 1992 | $0.0375 | $0.0450 | +20.0% |
| 1991 | $0.0325 | $0.0375 | +15.4% |
| 1990 | $0.0275 | $0.0325 | +18.2% |
| 1989 | $0.0225 | $0.0275 | +22.2% |
| 1988 | $0.0188 | $0.0225 | +20.0% |
| 1987 | $0.5600 | $0.0188 | -96.7% |
| 1986 | $0.9464 | $0.5600 | -40.8% |
| 1985 | — | $0.9464 | — |
DPS sums split-adjusted amounts (adj. dividend) by ex-dividend calendar year—the same basis as the Adj. Dividend column in Dividend Payment History. The Dividend column can differ after stock splits. This table uses four decimals per annual total so the Change column matches the shown amounts; each payment row in Dividend Payment History also uses four.
Cash dividends paid (USD) — TTM and history
Trailing-twelve-month and annual common dividends paid for Hormel Foods (HRL) from the consolidated cash flow statement, in USD as filed.
Latest period
$637.71M
YoY change
+3.0%
5Y CAGR
+5.4%
Peak year (2025)
$633.19M
Latest annual
$633.19M
Cash dividends paid over time for Hormel Foods (HRL)
Per-period cash dividends paid
Cash dividends paid annual + quarterly history for Hormel Foods (HRL)
| Fiscal year | Period ended | Reported | Dividends Paid | YoY | YoY change |
|---|---|---|---|---|---|
| 2025 | $633.19M | +3.0% | +$18.23M | ||
| 2024 | $614.96M | +3.7% | +$22.03M | ||
| 2023 | $592.93M | +6.3% | +$35.09M | ||
| 2022 | $557.84M | +6.6% | +$34.73M | ||
| 2021 | $523.11M | +7.3% | +$35.74M | ||
| 2020 | $487.38M | +11.5% | +$50.32M | ||
| 2019 | $437.05M | +12.6% | +$48.95M | ||
| 2018 | $388.11M | +12.2% | +$42.10M | ||
| 2017 | $346.01M | +16.7% | +$49.52M | ||
| 2016 | $296.49M | +18.2% | +$45.66M | ||
| 2015 | $250.83M | +23.5% | +$47.68M | ||
| 2014 | $203.16M | +16.5% | +$28.84M | ||
| 2013 | $174.32M | +14.5% | +$22.12M | ||
| 2012 | $152.20M | +17.1% | +$22.23M | ||
| 2011 | $129.97M | +18.8% | +$20.60M | ||
| 2010 | $109.37M | +7.9% | +$8.00M | ||
| 2009 | $101.38M | +6.1% | +$5.84M | ||
| 2008 | $95.53M | +17.8% | +$14.44M | ||
| 2007 | $81.09M | +6.9% | +$5.25M | ||
| 2006 | $75.84M | +9.3% | +$6.47M | ||
| 2005 | $69.37M | +13.1% | +$8.03M | ||
| 2004 | $61.34M | +7.4% | +$4.25M | ||
| 2003 | $57.09M | +6.8% | +$3.65M | ||
| 2002 | $53.44M | +5.6% | +$2.81M | ||
| 2001 | $50.62M | +3.9% | +$1.89M | ||
| 2000 | $48.73M | +1.7% | +$835,000 | ||
| 1999 | $47.90M | +0.4% | +$200,000 | ||
| 1998 | $47.70M | +1.1% | +$500,000 | ||
| 1997 | $47.20M | +3.5% | +$1.60M | ||
| 1996 | $45.60M | +6.3% | +$2.70M | ||
| 1995 | $42.90M | +15.3% | +$5.70M | ||
| 1994 | $37.20M | +15.5% | +$5.00M | ||
| 1993 | $32.20M | +22.0% | +$5.80M | ||
| 1992 | $26.40M | — | — |
Hormel Foods (HRL) most recent annual dividends paid stands at $633.19M (2025) – edged up 3.0% year-over-year.
Across 2020–2025 (5 years), Hormel Foods dividends paid produced a CAGR of +5.4% – sustaining 33 straight years of year-over-year growth.
The dataset's maximum dividends paid sits at $633.19M (2025); the minimum reading of $26.40M dates to 1992.
Hormel Foods (HRL) sits 8th of 8 Consumer Defensive peers we track on this metric, against a peer median of $7.57B.
Hormel Foods Dividends Paid 2025: $633.19M
Hormel Foods dividends paid in 2025 was $633.19M, edged up 3.0% from 2024. This figure represents the highest annual value in the available history.
Hormel Foods Dividends Paid 2024: $614.96M
Hormel Foods dividends paid in 2024 was $614.96M, edged up 3.7% from 2023.
Hormel Foods Dividends Paid 2023: $592.93M
Hormel Foods dividends paid in 2023 was $592.93M, grew 6.3% from 2022.
Hormel Foods Dividends Paid 2022: $557.84M
Hormel Foods dividends paid in 2022 was $557.84M, grew 6.6% from 2021.
Hormel Foods Dividends Paid 2021: $523.11M
Hormel Foods dividends paid in 2021 was $523.11M.
See more financial history for Hormel Foods (HRL).
Sector peers by dividends paid
Companies in the same sector as Hormel Foods, ranked by their latest dividends paid.
| Company | Dividends Paid | Sector |
|---|---|---|
| Procter & Gamble (PG) | $9.87B | Consumer Defensive |
| Coca-Cola (KO) | $8.78B | Consumer Defensive |
| Philip Morris International (PM) | $8.62B | Consumer Defensive |
| PepsiCo (PEP) | $7.64B | Consumer Defensive |
| Walmart (WMT) | $7.51B | Consumer Defensive |
| Altria Group (MO) | $6.96B | Consumer Defensive |
| Costco (COST) | $2.18B | Consumer Defensive |
| Monster Beverage (MNST) | $0 | Consumer Defensive |
Frequently asked questions
Does Hormel Foods pay dividends?
Yes, Hormel Foods (HRL) pays quarterly dividends of approximately $1.17 per share annually, yielding 5.61%.
What is Hormel Foods's dividend yield?
Hormel Foods (HRL) has a current dividend yield of 5.61%.
Is Hormel Foods's dividend safe?
Hormel Foods (HRL) passes 5 out of 8 dividend safety checks. See the detailed breakdown above for each criterion.
How many consecutive years has Hormel Foods increased its dividend?
Hormel Foods (HRL) has 25 consecutive years of dividend increases.
What is Hormel Foods's dividend payout ratio?
Hormel Foods (HRL) has a dividend payout ratio of 130.9%. Trailing twelve months (GAAP): adjusted dividends over roughly 12 months aligned with the latest reported quarter, divided by the sum of diluted EPS from the last four fiscal quarters (not NII or taxable income for BDCs/REITs).
What is Hormel Foods's dividends paid?
Latest reported dividends paid for Hormel Foods (HRL) is $637.71M (period ending January 25, 2026).
How has Hormel Foods dividends paid changed year-over-year?
Hormel Foods (HRL) dividends paid changed +3.0% year-over-year on the latest annual filing.
What is the long-term growth rate of Hormel Foods dividends paid?
Hormel Foods (HRL) dividends paid compound annual growth rate is +5.4% over the most recent 5 years available.
When did Hormel Foods dividends paid hit its highest annual value?
Hormel Foods dividends paid reached its highest annual value of $633.19M in 2025.
What was Hormel Foods dividends paid in 2024?
Hormel Foods (HRL) dividends paid in 2024 was $614.96M.
What was Hormel Foods dividends paid in 2025?
Hormel Foods (HRL) dividends paid in 2025 was $633.19M.
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