Hormel Foods Corporation Announces 60th Consecutive Increase to the Annual Dividend

Core Points - Hormel Foods Corporation announced a 1 percent increase in its quarterly dividend, raising the annualized rate to $1.17 per share, marking the 60th consecutive annual dividend increase [1] - The authorized quarterly dividend is set at 29.25 cents ($0.2925) per share, to be paid on February 17, 2026, to stockholders of record as of January 12, 2026, representing the 390th consecutive quarterly dividend [2] - Hormel Foods has maintained uninterrupted quarterly dividend payments since becoming a public company in 1928 [2] Company Overview - Hormel Foods Corporation, based in Austin, Minnesota, is a global branded food company with over $12 billion in annual revenue [3] - The company’s brand portfolio includes well-known names such as Planters, Skippy, SPAM, and Jennie-O, among others, totaling over 30 brands [3] - Hormel Foods is a member of the S&P 500 Index and the S&P 500 Dividend Aristocrats, recognized for its corporate responsibility and community service efforts [3]