Hormel Foods Dividend yield

Hormel Foods is part of Food Producers business, which is part of Consumer Goods industry. Hormel Foods is a company from USA, and his stocks are publicly traded.

Hormel Foods stock dividend

Hormel Foods paid a total dividend of 602 million USD last year, for a market value of 21,109 millions (Market Cap 11,147 millions). Hormel Foods dividend per share is 1.10 USD, and his stock market price 38.59 USD.

According to the chart below, where dividend yield is displayed, Hormel Foods has a dividend yield of 2.85%, which is lower than the amount offered by the market average , but bigger than Consumer Goods industry. Dividend yields are similar among companies from the same industry, so it is a positive sign for the company.

In addition, you should compare Hormel Foods stocks dividend with other Food Producers companies or other of the highest USA dividend stocks list.

Hormel Foods Dividend Payout

About the ability of Hormel Foods to maintain his current dividend of USD 1.10 per share, an amount that accounts for 2.85%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Hormel Foods payout on ernings is currently 57.29%, which is higher than the market average, and companies of Consumer Goods industry, which are 39.34% and 40.18% respectively. Both figures show that Hormel Foods can have problems to keep with his present dividend yield.

The payout on earnings should be complemented with the payout on cash flow since it is this last amount the one which can be distributed to shareholders. Cash flow per share of Hormel Foods is USD 2.07 per share, which is higher than the dividend per share paid by the company of USD 1.10, so the company generates enough cash to maintain his dividend in the future.

The following figure shows payout ratios over earnings and cashflow of Hormel Foods, compared againt world market average, USA companies, Consumer Goods industry and Food Producers sector companies.

Hormel Foods Dividend History

Below you will find a table with the historical evolution of Hormel Foods's dividend stock, both in percentage and in USD, its Payout on Earnings and the number of shares (in case there is an split, number shares altered the dividend per share).

Year	Yield	USD	Paypout	Shares*
Present	2.85%	1.10	57.29%	547
2022	2.28%	1.04	53.89%	545
2021	2.01%	0.98	55.68%	540
2020	2.00%	0.93	52.54%	538
2019	1.86%	0.84	45.41%	536
2018	1.76%	0.75	41.67%	530
2017	1.87%	0.68	41.98%	529
2016	1.69%	0.58	34.32%	527
2015	1.33%	1.00	38.46%	264

*In millions

Then you can see the evolution of Hormel Foods dividend stock, and compare it with the average of USA stocks and that of the Food Producers stocks.

Hormel Foods Stock performance

Finally, last moth Hormel Foods showed a return of -5.60% compared to a worldwide -2.49% average, and a -1.86% of Consumer Goods firms. Over the last year, the company obtained a -23.20% versus a worldwide performance of a 8.71%. More detailed information can be seen in the following graph for USA and Food Producers firms.