Hormel Foods Corporation has reached a remarkable milestone with its 60th consecutive annual dividend increase. Announced by its Board of Directors, this 1% quarterly dividend bump underscores the company’s continuing commitment to shareholder returns.
Hormel Foods Corporation Announces 60th Consecutive Increase to the Annual Dividend
Key Takeaways:
- Hormel Foods achieves its 60th consecutive annual dividend increase.
- The quarterly dividend rises by 1%.
- The implied annualized rate is elevated accordingly.
- Hormel Foods holds Fortune 500 status as a global branded food company.
- The Board of Directors authorized the dividend hike on November 24, 2025.
A 60-Year Dividend Tradition
Hormel Foods Corporation (NYSE: HRL) has announced its 60th consecutive increase to the annual dividend, extending a decades-long legacy of returning value to shareholders. This milestone highlights the company’s robust performance and dedication to maintaining steady growth for investors over the long term.
The Latest 1% Increase
In its press release dated November 24, 2025, the Board of Directors approved a 1% rise in the quarterly dividend, pushing the implied annualized rate higher. Though modest, this increment underscores Hormel Foods’ unwavering approach to incremental growth and consistent payouts—a quality that has helped sustain its reputation among both institutional and individual investors.
A Fortune 500 Company’s Commitment
As a Fortune 500 global branded food company, Hormel Foods is widely recognized for delivering various consumer favorites while upholding strong financial principles. The latest dividend increase is a testament to the corporation’s ability to support not only its customers with quality products but also its shareholders with reliable returns.
Looking to the Future
By securing the 60th consecutive annual dividend boost, Hormel Foods reaffirms its pledge to provide value to stakeholders. While market dynamics can change, this announcement positions the company to maintain a consistent dividend strategy—an outcome that is expected to resonate positively with investors for years to come.