Hormel Foods Corporation Dividends
The next dividend date for Hormel Foods Corporation is July 14, 2025.
A dividend of $0.29 per share is scheduled.
What is a Dividend Date
When we talk about a dividend date, we’re referring specifically to the ex-dividend date.
This is the date on which all stockholders will earn a dividend. Technically, a person needs to be the owner of a share of stock as of the night before the ex-dividend date in order to earn the dividend.
The ex-dividend date is different than the date when the dividend is issued. Although you earn a dividend on the ex-dividend date, that dividend is typically not disbursed to your account until several weeks later.
Most brokerages will automatically credit the dividend to your account once it’s issued.
Historical Dividends for Hormel Foods Corporation (HRL)
More About Hormel Foods Corporation
Hormel Foods Corporation develops, processes, and distributes various meat, nuts, and other food products to foodservice, convenience store, and commercial customers in the United States and internationally. It operates through three segments: Retail, Foodservice, and International segments. The company provides various perishable products that include fresh meats, frozen items, refrigerated meal solutions, bacons, sausages, hams, and guacamoles; and shelf-stable products comprising canned luncheon meats, nut butters, snack nuts, chili, shelf-stable microwaveable meals, hash, stews, tortillas, salsas, tortilla chips, nutritional food supplements, and others. It sells its products under the HORMEL, ALWAYS TENDER, APPLEGATE, AUSTIN BLUES, BACON 1, BLACK LABEL, BREAD READY, BURKE, CAFÉ H, CERATTI, CHI-CHI'S, COLUMBUS, COMPLEATS, CORN NUTS, CURE 81, DAN'S PRIZE, DI LUSSO, DINTY MOORE, DON MIGUEL, DOÑA MARIA, EMBASA, FAST "N EASY, FIRE BRAISED, FONTANINI, HERDEZ, HORMEL GATHERINGS, HOUSE OF TSANG, JENNIE-O, JUSTIN'S, LA VICTORIA, LAYOUT, LLOYD'S, MARY KITCHEN, MR. PEANUT, NATURAL CHOICE, NUT-RITION, OLD SMOKEHOUSE, OVEN READY, PILLOW PACK, PLANTERS, ROSA GRANDE, SADLER'S SMOKEHOUSE, SKIPPY, SPAM, SQUARE TABLE, SPECIAL RECIPE, VALLEY FRESH, and WHOLLY brands through sales personnel, independent brokers, and distributors. The company was formerly known as Geo. A. Hormel & Company and changed its name to Hormel Foods Corporation in January 1995. Hormel Foods Corporation was founded in 1891 and is headquartered in Austin, Minnesota.
Owning Hormel Foods Corporation Stock on the Dividend Date
If you own Hormel Foods Corporation stock on the ex-dividend date, then you earn the associated dividend.
Theoretically, the price of Hormel Foods Corporation stock should go down by the amount of the dividend (in addition to any other pressures that market forces have on the price of Hormel Foods Corporation stock).
Therefore, it is typically not expected that there is any incremental profit to be gained from buying Hormel Foods Corporation stock right before the ex-dividend date and then selling it immediately after. It’s not like you get the Hormel Foods Corporation dividend payout for free just by doing that since there is typically an equivalent commensurate drop in the stock price.
Owning Hormel Foods Corporation Options on the Dividend Date
Unlike the stock price, which will normally have an abrupt decrease by the amount of the dividend on the ex-dividend date, option prices typically do not reflect the same phenomenon.
The reason is that in the time leading up to the ex-dividend date, that projected drop in Hormel Foods Corporation stock price from the dividend is already baked into Hormel Foods Corporation option prices.
That means the prices of call options that overlap the Hormel Foods Corporation ex-dividend date typically go down in the period leading up to the ex-dividend date.
The prices of put options that overlap the Hormel Foods Corporation ex-dividend date typically go up in the period leading up to the ex-dividend date.
Owners of Hormel Foods Corporation call options do not receive the dividend, even if they own the options on the ex-dividend date. Owners of Hormel Foods Corporation put options are not responsible to pay the dividend, even if they own the options on the ex-dividend date.
Learning More Hormel Foods Corporation Dividends
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