Hormel Foods Corporation ( HRL ) will begin trading ex-dividend on April 18, 2013. A cash dividend payment of $0.17 per share is scheduled to be paid on May 15, 2013. Shareholders who purchased HRL stock prior to the ex-dividend date are eligible for the cash dividend payment. This represents an 13.33% increase over the same period a year ago. At the current stock price of $41.06, the dividend yield is 1.66%.
The previous trading day's last sale of HRL was $41.06, representing a -0.63% decrease from the 52 week high of $41.32 and a 50.51% increase over the 52 week low of $27.28.
HRL is a part of the Consumer Non-Durables sector, which includes companies such as BRF-Brasil Foods S.A. ( BRFS ) and Leucadia National Corporation ( LUK ). HRL's current earnings per share, an indicator of a company's profitability, is $1.86. Zacks Investment Research reports HRL's forecasted earnings growth in 2013 as 6.87%, compared to an industry average of -.6%.
For more information on the declaration, record and payment dates, visit the HRL Dividend History page.
Interested in gaining exposure to HRL through an Exchange Traded Fund [ETF]?
The following ETF(s) have HRL as a top-10 holding:
- First Trust Cons. Staples AlphaDEX ( FXG )
- Guggenheim S&P 500 Equal Weight Consumer Staples ETF ( RHS )
- IQ ARB Global Resources ETF ( GRES )
- Guggenheim Russell MidCap Equal Weight ETF ( EWRM )
- Guggenheim Russell 1000 Equal Weight ETF ( EWRI ).
The top-performing ETF of this group is FXG with an increase of 23.94% over the last 100 days. It also has the highest percent weighting of HRL at 4.76%.