Tue. 23 Nov 2021, 8:09am ETBenzinga
In: News, Dividends
- Hormel Foods Corp (NYSE:HRL) announced its Board of Directors has approved a 6% hike to the annual dividend to shareholders.
- The company has raised the annual dividend on the common stock to $1.04 per share from $0.98 per share.
- The company's quarterly dividend of $0.26 share will be paid on Feb. 15, 2022, to stockholders of record on Jan. 18, 2022.
- Price Action: HRL shares are trading higher by 0.93% at $43.42 in premarket on the last check Tuesday.