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 March 29,
2016, will be paid May 16, 2016, to stockholders of record at the close
of business on April 18, 2016.
The May 16 payment will be the 351st 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, will celebrate 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 seventh year in a row. Hormel Foods also received a perfect score on
the 2016 Human Rights Campaign Corporate Equality Index, was recognized
on the 2015 Best for Vets Employers List by Military Times, and was
named one of the 2015 40 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://2014csr.hormelfoods.com/.
View source version on businesswire.com: http://www.businesswire.com/news/home/20160329006519/en/
Copyright Business Wire 2016