Hormel Foods Corp. (HRL) Dividends
Dividend Yield and Dividend History Highlights
- Regarding free cash flow variation: HRL reports less variability in its cash flow than 97.96% of dividend stocks in our set.
- In terms of debt burden relative to earnings, HRL has an EBITDA to net debt ratio of 1,346,535,000, ranking above 96.92% stocks in our set (note that its net debt is negative, meaning it has more cash than debt).
- If price volatilty is something you're paying attention to when building your dividend portfolio, know that HRL has less fluctuation in its price than 99.25% of stocks we're observing.
- If you want to include this stock in your dividend portfolio, here are some dividend stocks that are NOT correlated with HRL that may be suitable potential portfolio mates: NVDA, CMCM, EVI, PEP and RSG.
HRL Price Forecast Based on Dividend Discount Model
| Current Price | DDM Fair Value Target: | Forecasted Gain: |
| $45.24 | $12.53 | -74.9% |
For dividend yielding stocks, the Dividend Discount Model (DDM) is a common valuation tool; it attempts to extrapolate a fair share price based primarily on the dividend the stock provides relative to a number of other quantiative aspects of its business. As for HRL, the dividend discount model StockNews created for the company implies a negative return of 74.9%. To help understand and contextualize the model's evaluation of HRL, investors may wish to consider are:
- If we compare the valuation opportunity a dividend discount model provides relative to other dividend stocks in the Consumer Defensive sector, Hormel Foods Corp's expected return of -74.9% is higher than 3.57% of its fellow sector mates.
- Compared to all dividend issuing stocks in our set, HRL has a discount rate lower than 3.57% of them (a lower discount rate is associated with lower risk).
- Beta tells us how volatile a stock's price is relative to the broader equity index; for Hormel Foods Corp, its beta is lower than 99.25% of dividend issuing stocks we observed.
- In comparison to its fellow dividend issuing stocks in the Consumer Defensive sector, HRL's equity discount rate is less than merely 1.19% of those stocks.
HRL Dividend Chart
HRL Dividend History
| Ex-Dividend Date | Type | Payout Amount | Change | ||||||
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HRL Dividends vs. Peers
HRL's dividend yield currently ranks #24 of 119 vs. its peers in the Food Makers category.
Looking for More Information on HRL dividends?
Want to see what other sources are saying about Hormel Foods Corp's dividends? Try the links below:Hormel Foods Corp Common Stock (HRL) Dividend History | Nasdaq
Dividend History for Hormel Foods Corp (HRL) - Dividend Investor
Hormel Foods Corp (HRL) Dividend History - Seeking Alpha