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HORMEL FOODS (HRL)
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Hormel Foods Corporation : Declares Quarterly Dividend

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03/26/2012 | 11:30pm CET

The Board of Directors of Hormel Foods Corporation (NYSE:HRL), a multinational marketer of consumer-branded food and meat products, has declared a regular quarterly dividend of 15 cents per share on the common stock of the corporation.

The dividend will be paid May 15, 2012, to stockholders of record at the close of business on April 23, 2012.

The May 15 payment will be the 335th 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. The company 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. The company is a member of the Standard & Poor's 500 Index, Dow Jones Sustainability Indexes, Maplecroft Climate Innovation Indexes, Global 1000 Sustainable Performance Leaders and was named one of "The 100 Most Trustworthy Companies" by Forbes in 2010. 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.

Hormel Foods Corporation
Julie H. Craven, 507-437-5345
[email protected]


© Business Wire 2012
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Financials ($)
Sales 2018 9 881 M
EBIT 2018 1 330 M
Net income 2018 918 M
Debt 2018 174 M
Yield 2018 2,15%
P/E ratio 2018 20,49
P/E ratio 2019 19,44
EV / Sales 2018 1,88x
EV / Sales 2019 1,75x
Capitalization 18 408 M
Chart HORMEL FOODS
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Hormel Foods Technical Analysis Chart | HRL | US4404521001 | 4-Traders
Technical analysis trends HORMEL FOODS
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TrendsBearishBullishNeutral
Income Statement Evolution
Consensus
Sell
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Mean consensus HOLD
Number of Analysts 12
Average target price 35,5 $
Spread / Average Target 2,0%
EPS Revisions
Managers
NameTitle
James P. Snee Chairman, President & Chief Executive Officer
James N. Sheehan CFO, Chief Accounting Officer & Senior VP
Kevin L. Myers Senior Vice President-Research & Development
John Lewis Morrison Lead Independent Director
Dakota A. Pippins Independent Director
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