HRL Dividend Calculator
Hormel Foods Corporation yields 5.92%, comfortably above the 2.92% median across US dividend payers. That puts HRL in the range where the income is the main reason to hold it, and where the durability of the payment does most of the work in any long-run figure.
HRL paid $1.17 per share over the last twelve months on a quarterly schedule. Enter any amount below, or use the worked figures.
Your investment
HRL
Hormel Foods Corporation
5.92%
yield
Dividend income
$10,000 in HRL pays you
$592.34
per year
- Paid each quarter
- $148.08
- Monthly average
- $49.36
- Shares bought
- 507.36
- Payments a year
- 4
Total over 10 years, taken as cash
$5,923.39
Based on the trailing twelve-month dividend, assuming it stays flat. Payments are not guaranteed and can be cut or suspended at any time. Figures are before tax and exclude any change in the share price.
HRL dividend income by investment amount
Based on the current yield of 5.92%. Figures are before tax and assume the dividend stays at its present level.
| Invested | Per year | Per payment | Monthly average |
|---|---|---|---|
| $1,000 | $59.23 | $14.81 | $4.94 |
| $5,000 | $296.17 | $74.04 | $24.68 |
| $10,000 | $592.34 | $148.08 | $49.36 |
| $25,000 | $1,480.85 | $370.21 | $123.40 |
| $50,000 | $2,961.69 | $740.42 | $246.81 |
| $100,000 | $5,923.39 | $1,480.85 | $493.62 |
HRL with dividends reinvested
$10,000 in HRL, every dividend reinvested, holding the payment and share price flat. Deliberately conservative — most calculators assume years of uninterrupted growth, and that assumption drives most of the result.
- After 10 years
- $18,004
- After 20 years
- $32,414
- After 30 years
- $58,357
$15,923 taking the income as cash
$21,847 taking the income as cash
$27,770 taking the income as cash
What makes up HRL's 5.92% yield
HRL paid $1.17 per share over the last twelve months against a share price of $19.71, which is where the 5.92% comes from. Special and one-off distributions are excluded from that figure — they do not recur, and including them would overstate every projection below.
Yields at this level usually have a structural explanation rather than a mispricing: the company is organised to distribute income rather than retain it. Worth checking how HRL's current yield compares with its own history, since a sharp recent rise more often reflects a falling price than a raised payment.
Staples businesses sell things people buy in every part of a cycle, which is what has historically allowed long uninterrupted payment records in this sector. The trade-off is that the growth funding those raises is usually modest.
When HRL pays, and what that changes
HRL pays quarterly, the standard schedule for US-listed payers, so the "per payment" column is one quarter of the annual figure and the "monthly average" column is a smoothed figure rather than a description of when cash arrives — nothing is paid in eight months of the year.
Each payment has an ex-dividend date, and it is the date that governs entitlement: shares bought on or after it do not carry that payment. HRL's full schedule and payment history are on its dividend page.
Is HRL's dividend covered by earnings?
HRL's payout ratio of 1.37 means the dividend exceeds reported earnings — the company is distributing more than it earned. That is sustainable for a period from cash reserves or borrowing, and it is the single most relevant caveat on this page, because the ten-year figures above assume the payment continues at its present level throughout.
These projections hold the dividend flat, which understates HRL if its recent record continues — the payment has increased in each of the last 24 years. Growth is left out rather than estimated because choosing a growth rate, not the arithmetic, is what determines a decade-long projection.
HRL dividend calculator FAQ
- How much does $10,000 in HRL pay in dividends?
- At HRL's current yield of 5.92%, $10,000 pays about $592.34 a year — roughly $148.08 per payment, paid quarterly, or $49.36 a month averaged out.
- What would HRL be worth after 10 years with dividends reinvested?
- Reinvesting every dividend and assuming the payment and share price both stay flat, $10,000 in HRL would grow to about $18,004 after 10 years, against $15,923 if the income were taken as cash. That deliberately assumes no dividend growth — a real holding may do better or considerably worse.
- How often does HRL pay dividends?
- HRL pays quarterly — 4 payments a year — based on its actual payment history rather than an assumed schedule.
- Is HRL's dividend guaranteed?
- No. Dividends are discretionary and can be reduced or suspended at any time, and every figure here is a projection from the current yield rather than a forecast. Check HRL's full payment history before relying on any of it.
- Why is HRL's dividend yield so high?
- HRL yields 5.92% against a 2.92% median across US dividend payers. A yield is a ratio, so it rises either because the payment went up or because the share price came down — and the figure alone does not say which. Yields this far above the market among ordinary operating companies are unusual and often reflect what the market expects rather than what has been announced.
- Can HRL afford its dividend?
- HRL's payout ratio is 1.37, meaning the dividend currently exceeds reported earnings. That gap can be funded from cash or borrowing for a period, but not indefinitely from profits. The projections on this page assume the payment continues unchanged, which is an assumption rather than a finding — check the full payment history and the company's own filings before relying on it.
- Has HRL increased its dividend every year?
- HRL has raised its dividend in each of the last 24 years on our records, which are derived from split-adjusted payment history and are approximate. The projections above deliberately ignore that growth and hold the payment flat, so a continuation of the record would put the real outcome above the figures shown.
More on HRL
Hormel Foods Corporation is a common stock trading at $19.71 per share, paying quarterly. — All figures before tax. Not financial advice.