Hormel Foods Corporation Declares Quarterly Dividend
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AUSTIN, Minn., May 24, 2021 /PRNewswire/ Hormel Foods Corporation (NYSE: HRL), a global branded food company, announced today that its quarterly dividend on the common stock, authorized by the Board of Directors at 24.50 cents ($0.2450) a share on May 24, 2021, will be paid August 16, 2021, to stockholders of record at the close of business on July 12, 2021.
The August 16 payment will be the 372
nd consecutive quarterly dividend paid by the company. Since becoming a public company in 1928, Hormel Foods Corporation has paid a regular quarterly dividend without interruption.
ABOUT HORMEL FOODS Inspired People. Inspired Food.™
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Hormel Foods Reports Second Quarter Results And Reaffirms Full Year Earnings Guidance
The company delivers record first half sales and increases full year sales guidance
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AUSTIN, Minn., May 20, 2021 /PRNewswire/ Hormel Foods Corporation (NYSE: HRL), a leading global branded food company, today reported results for the second quarter of fiscal 2021. All comparisons are to the second quarter of fiscal 2020 unless otherwise noted.
EXECUTIVE SUMMARY - SECOND QUARTER
Record net sales of $2.6 billion, up 8%
Pretax earnings of $293 million, up 2%
Operating margin of 11.1%, compared to 12.1% last year
Effective tax rate of 22.1%, compared to 20.6% last year
Hormel Foods : Reports Second Quarter Results And Reaffirms Full Year Earnings Guidance marketscreener.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from marketscreener.com Daily Mail and Mail on Sunday newspapers.