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HRL / Hormel: A Steady Dividend Stock for Uncertain Times

Hormel: A Steady Dividend Stock for Uncertain Times
The consumer staple sector is often full of names with long track records of dividend growth as companies in the space sell products that customers need regardless of the state of the economy. It's one reason why nearly a quarter of both the Dividend Aristocrats, those S&P 500 names with at least 25 consecutive years of dividend growth, and the Dividend Kings, those names with at least five decades of dividend growth, are in the consumer staples industry. Read More
Posted: Jun 22 2022, 15:17
Author Name: GuruFocus
Views: 111698

HRL News  

Hormel Foods (HRL) Highlights Growth Targets at Investor Day

By Zacks Investment Research
October 13, 2023

Hormel Foods (HRL) Highlights Growth Targets at Investor Day

Hormel Foods (HRL) plans to achieve organic net sales growth of 2-3% and grow its operating income by more than $250 million by 2026. more_horizontal

1 Dividend Legend Potentially Set To Soar And 2 To Ignore

By Seeking Alpha
October 13, 2023

1 Dividend Legend Potentially Set To Soar And 2 To Ignore

1 Dividend Legend Potentially Set To Soar And 2 To Ignore more_horizontal

Hormel Shares Sink After Food Maker's Strategic Plan, Union Contract

By Investopedia
October 12, 2023

Hormel Shares Sink After Food Maker's Strategic Plan, Union Contract

Hormel Foods (HRL) Corp. was the worst-performing stock in the S&P 500 Thursday as the maker of Spam, Skippy peanut butter, and other foods released a more_horizontal

Hormel: Analyst Day Spooks The Bulls

By Seeking Alpha
October 12, 2023

Hormel: Analyst Day Spooks The Bulls

Hormel Foods' valuation has defied logic, with high multiples despite extremely poor growth. The company announced a strategic plan to accelerate inve more_horizontal

Why Hormel Stock Dropped 10% Today

By The Motley Fool
October 12, 2023

Why Hormel Stock Dropped 10% Today

Hormel expects operating income to grow 5% to 7% annually over the next three years. The company will also now pay its unionized workforce $3 to $6 an more_horizontal

Hormel Foods Is Worst S&P 500 Performer After Issuing 3-Year Financial Targets

By Barrons
October 12, 2023

Hormel Foods Is Worst S&P 500 Performer After Issuing 3-Year Financial Targets

The food manufacturer's stock is on pace for its worst day in more than a decade. more_horizontal

Hormel stock drops 8% as worst performer in S&P after workers ratify contract

By Market Watch
October 12, 2023

Hormel stock drops 8% as worst performer in S&P after workers ratify contract

Hormel Foods Corp.'s HRL, -8.39% stock was down 8.7% to $33.11 a share on Thursday morning as the worst performer in the S&P 500 SPX, -0.12%. The food more_horizontal

Hormel Foods Stock: Caution, Just Caution

By Seeking Alpha
October 11, 2023

Hormel Foods Stock: Caution, Just Caution

Hormel Foods Corporation shares have been trading in a stagnant fashion and even declining, trading near the lowest levels in a decade. Earnings have more_horizontal


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