Hormel Foods Corporation (NYSE:HRL), a multinational marketer of consumer-branded food and meat products, announced today that its quarterly dividend on the common stock, authorized by the Board of Directors at twenty cents (20¢) a share on March 24, 2014, will be paid May 15, 2014, to stockholders of record at the close of business on April 21, 2014.
The May 15 payment will be the 343rd 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
(S&P) 500 Index, S&P Dividend Aristocrats for 2013, was named the 2013
Sustainable Supply Chain of the Year by Refrigerated & Frozen Foods
magazine, and was again named one of “The 100 Best Corporate Citizens”
by Corporate Responsibility Magazine for the fifth year in a row. Hormel
Foods was recognized on the G.I. Jobs magazine list of America’s Top 100
Military Friendly Employers in 2012 and 2013, and named one of the 2014
40 Best Companies for Leaders by Chief Executive magazine. 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.
Contacts:
Julie H. Craven, 507-437-5345
media@hormel.com