Page title
Section title
- Dividend Yield
- 3.52%
- Payout Ratio
- 77.45%
- Dividend Amount Per Share
- $1.12
- Last Ex-Dividend Date
- Jul 15, 2024
HRL Dividend Safety
HRL paid out 77.45% of its $794M earnings as dividends over the last 12 months.
Very Safe
Very Unsafe
Unsafe
Somewhat Safe
Safe
Very Safe
Dividend Payout Ratio
HRL's Dividend Payout Ratio of 77.448% is considered safe for the Consumer Defensive sector, indicating that the company retains enough earnings to support business growth.
Interest Rate Coverage
HRL's Interest Coverage Ratio of 12.052 indicates strong financial health with easy coverage of interest expenses.
Income Quality
HRL shows excellent income quality with a ratio of 1.322. This indicates high-quality earnings and low risk of dividend cuts.
HRL Dividend Growth
Hormel Foods Corporation(HRL) offers a dividend yield of 3.52% and pays $1.12 in dividends per share. Explore the historical dividend growth of HRL.
Dividend Stability
HRL has maintained stable dividend payments over the past 10 years with no cuts over 5%.
Dividend Growth
HRL's dividend payments have shown moderate growth, growing by 6.111% annually over the last 5 years.
Earnings Growth
HRL's earnings have shown very poor growth, shrinking by -4.109% over the last 5 years. Poor earnings growth or decline indicates potential struggles to maintain dividend levels, which may lead to cuts and affect overall returns.
HRL Dividend Yield Attractiveness
Hormel Foods Corporation(HRL) provides a dividend yield of 3.52%. Compare this with the averages of its peers, industry, and sector to see how it stacks up.
Yield %
3.17%
3.38%
3.52%
4.16%
Dividend Yield
HRL's dividend yield of 3.52% is considered good compared to the sector average of 4.163%, providing a strong safety margin for investors.
HRL Cash Flow
Over the past 12 months, HRL generated $12B in revenue, produced $903M in free cash flow, and distributed $610M in dividends.
Free Cash Flow Growth
HRL's free cash flow has grown by 3.131% annually over the last 5 years, suggesting a moderate ability to generate cash and support dividend payments.
HRL Free Cash Flow and Dividends Paid
This chart shows the Free Cash Flow (FCF) and the portion of FCF used to pay dividends each year by Hormel Foods Corporation. The filled portion of the bar represents the dividends paid, while the remaining portion represents the remaining FCF.