Core Insights - Hormel Foods Corporation (NYSE:HRL) is recognized as one of the 13 incredibly cheap dividend stocks to invest in [1] - The company has transitioned from a primarily meat-focused business to a broader global branded food enterprise, generating over $12 billion in annual revenue from more than 40 brands worldwide [3] - Hormel Foods is classified as a Dividend King, having increased its dividend payouts for 59 consecutive years, currently offering a quarterly dividend of $0.29 per share with a dividend yield of 4.67% as of September 19 [3] Company Overview - Hormel Foods Corporation is an American multinational food processing company operating through three main segments: retail, foodservice, and international [2] - The retail segment includes well-known brands such as Planters, SPAM, Skippy, Herdez, Jennie-O, and Hormel [2] - The foodservice division supplies products like pizza toppings and bacon to restaurants and other food outlets, while the international business encompasses global sales and investments abroad [2] Financial Performance - The company has evolved significantly, now generating more than $12 billion in annual revenue [3] - Hormel Foods has a strong track record of dividend growth, being a Dividend King with 59 years of consecutive dividend increases [3] - The current quarterly dividend is $0.29 per share, reflecting a dividend yield of 4.67% [3]

Core Points - Smithfield Foods has partnered with Feed the Children to host Resource Rallies aimed at addressing food insecurity among local families and children returning to school [1][2] - The initiative includes a $100,000 donation and the provision of thousands of pounds of protein, such as ham and bacon, to support families in need [3][7] - The first Resource Rally took place in Cudahy, Wisconsin, with additional events planned in Milan, Missouri, and Clinton, North Carolina, each expected to assist approximately 400 families [2][6] Company Initiatives - Smithfield's hunger relief program, Helping Hungry Homes, has provided hundreds of millions of servings of protein across all 50 U.S. states since 2008, with over 25 million servings valued at nearly $28 million donated in 2024 alone [7] - The company is on track to donate an additional 200 million servings of protein by the end of 2025, highlighting its commitment to combating food insecurity [7] Community Impact - Each participating family at the Resource Rallies receives a 25-pound box of food and a 15-pound box of personal care items, along with school supplies for children [4][6] - The collaboration between Smithfield Foods and Feed the Children marks its second year, addressing the serious issue of childhood hunger, particularly during the back-to-school season [6][10]