Hormel Foods Corporation ( HRL ) will begin trading ex-dividend on January 17, 2014. A cash dividend payment of $0.2 per share is scheduled to be paid on February 14, 2014. Shareholders who purchased HRL stock prior to the ex-dividend date are eligible for the cash dividend payment. This represents an 17.65% increase over the prior quarter.
The previous trading day's last sale of HRL was $46.37, representing a -0.81% decrease from the 52 week high of $46.75 and a 35.62% increase over the 52 week low of $34.19.
HRL is a part of the Consumer Non-Durables sector, which includes companies such as BRF S.A. ( BRFS ) and Tyson Foods, Inc. ( TSN ). HRL's current earnings per share, an indicator of a company's profitability, is $1.94. Zacks Investment Research reports HRL's forecasted earnings growth in 2014 as 15.21%, compared to an industry average of 13.7%.
Interested in gaining exposure to HRL through an Exchange Traded Fund [ETF]?
The following ETF(s) have HRL as a top-10 holding:
- IQ ARB Global Resources ETF ( GRES ).
The top-performing ETF of this group is GRES with an decrease of -0.56% over the last 100 days. It also has the highest percent weighting of HRL at 5.06%.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.