Summary
0J5Z Chart
2 Dividend Kings Worth Income-Focused Investors' Attention
Dividend kings are a select group of companies that have been able to raise their dividends consecutively for 50 or more years. This consistency provides reliability for income-focused investors who can depend on some growth to offset inflation and dividend cuts elsewhere. Today, we are looking at 2 names in the consumer staples space that look to be attractive bets for long-term investors, but one is a turnaround play.
Hormel Foods to Cut 250 Jobs in Restructuring
Hormel Foods is cutting 250 corporate and sales jobs as part of a restructuring. The owner of such brands as Planters, Skippy and Spam expects to incur restructuring charges of $20 million to $25 million.
Hormel: A Dirt Cheap Cash Geyser You're Probably Overlooking
Hormel Foods is trading at a multi-decade low (valuation-wise), and the stock offers a historically high 5%+ dividend yield. Despite recent margin pressures from higher input costs and political risks, HRL's revenues remain stable, and we're expecting long-term margin normalization. Analyst forecasts project high single-digit EPS growth for HRL, supporting the case for strong total returns as margins recover.
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Hormel Foods Corporation Profile
| Packaged Foods Industry | Consumer Defensive Sector | James P. Snee CEO | LSE Exchange | US4404521001 ISIN |
| US Country | 20,000 Employees | 14 Oct 2025 Last Dividend | 10 Feb 2016 Last Split | 2 Jan 1990 IPO Date |
Overview
Hormel Foods Corporation, a major player in the food processing and distribution industry, specializes in offering a wide range of meat, nuts, and other food products to an expansive customer base that includes retail, foodservice, deli, and commercial sectors both within the United States and globally. With operations strategically divided into three key segments: Retail, Foodservice, and International, the company is dedicated to catering to the diverse demands of its clientele by providing high-quality, perishable, and shelf-stable food products. Originally established as Geo. A. Hormel & Company in 1891, the organization underwent a rebranding to Hormel Foods Corporation in January 1995, signaling a broadened focus and commitment to innovation in food products. With its headquarters in Austin, Minnesota, Hormel Foods has cultivated a longstanding reputation for excellence, built over more than a century in the industry.
Products and Services
Hormel Foods Corporation offers an extensive portfolio of products across its operations, categorized into perishable and shelf-stable products. Each category encompasses a range of items aimed at meeting the versatile needs of its targeted markets.
- Perishable Products: This category includes fresh meats, frozen items, refrigerated meal solutions, sausages, hams, guacamoles, and bacons. These products are tailored to offer freshness and quality, catering to the immediate consumption needs of consumers.
- Shelf-Stable Products: Comprising canned luncheon meats, nut butters, snack nuts, chili, shelf-stable microwaveable meals, hash, stews, tortillas, salsas, tortilla chips, nutritional food supplements among others. These items are designed for longer shelf life without sacrificing taste or nutritional value, providing convenient meal solutions for consumers on the go.
These diverse product offerings are sold under a myriad of well-known and trusted brands such as HORMEL, ALWAYS TENDER, APPLEGATE, BACON 1, BLACK LABEL, and SKIPPY, to mention a few. Sales are facilitated through a combination of sales personnel, independent brokers, and distributors, ensuring a broad market reach both in the United States and internationally. This vast range of products and brands underscores Hormel Foods Corporation's commitment to diversity in its offerings, ensuring there is something for every market segment it serves.
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