Hormel (HRL) Faces Growth Slowdown but Keeps 59-Year Dividend Streak Intact

Core Insights - Hormel Foods Corporation (NYSE:HRL) is recognized as one of the 11 Low PE High Dividend Stocks to consider for investment according to analysts [1] - The company is experiencing a growth slowdown despite a global trend towards higher protein consumption, with its stock price declining over 24% since the start of 2025 [2][3] Financial Performance - In fiscal Q3 2025, Hormel reported adjusted earnings per share of $0.35 on sales of $3.03 billion, missing analysts' expectations by $0.06 [3] - Organic sales increased by 6% year over year, while total revenue rose by 4.5%, but the company's weaker forward guidance has led to investor disappointment [3] Future Outlook - For the current quarter, Hormel expects revenue to be between $3.15 billion and $3.25 billion, compared to $3.1 billion in the same period last year [4] - Organic net sales are projected to grow by 1% to 4%, indicating a slowdown from the previous quarter's growth rate [4] Dividend Information - Hormel Foods has maintained its dividend payout for 59 consecutive years, reinforcing its status as a reliable income stock [5] - The company currently pays a quarterly dividend of $0.29 per share, resulting in a dividend yield of 4.85% as of October 14 [5]