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Hormel Foods: How Good Is The Dividend Profile, And Is It A Good Buy Now?
Seeking Alpha· 2024-08-16 08:44
ac_bnphotos/E+ via Getty Images Introduction Hormel Foods Corporation (NYSE:HRL), with deep roots in the field of fresh meat processing (the company has been in existence since 1891), has, in recent decades, been building a name for itself in the manufacturing and distribution of packaged, consumer food products across the globe. Besides its core competence in supplying branded foods to both the retail and food service segments, it has also developed ample credibility on Wall Street for its relentless fidel ...
In New Short Film, Hormel Foods Spotlights the World's Biggest Fans of MR. PEANUT®
Prnewswire· 2024-08-07 23:00
The Peanut Pals' passion for the iconic MR. PEANUT® is simply unmatched AUSTIN, Minn., Aug. 7, 2024 /PRNewswire/ -- More than a century ago, a 14-year-old named Antonio Gentile entered a contest with a sketch, hoping to create a new PLANTERS® brand icon. A top hat, a monocle, and a cane were later added to that sketch of a smiling peanut, and thus, the iconic MR. PEANUT® was born. MR. PEANUT® has since become a globally recognized figure, appearing not only on PLANTERS® product packaging, but also on a wide ...
Makers of the HORMEL® BLACK LABEL® Brand Showcase Non-Breakfast Potential of Bacon With Latest Limited-Edition Flavor: Garlic Rosemary
Prnewswire· 2024-08-01 20:00
HORMEL® BLACK LABEL® bacon brand team to consumers: Think beyond breakfast AUSTIN, Minn., Aug. 1, 2024 /PRNewswire/ -- The makers of the HORMEL® BLACK LABEL® brand offer the widest selection of flavored bacon in the industry, and today, they are proud to announce the latest addition to their portfolio of tasty options. For a limited time, consumers are invited to indulge their bacon cravings with the all-new HORMEL® BLACK LABEL® Garlic Rosemary flavored bacon, available at retailers nationwide while supplie ...
Hormel Foods Announces 2024 Class of 10 Under 20 Food Heroes
Prnewswire· 2024-07-30 20:00
Young changemakers from across the United States will soon travel to the company's global headquarters for a day of recognition and celebrationAUSTIN, Minn., July 30, 2024 /PRNewswire/ -- Hormel Foods Corporation (NYSE: HRL), a Fortune 500 global branded food company, is proud to announce its third cohort of 10 Under 20 Food Heroes. Each of these remarkable young people, through their various charitable endeavors, has set out to make the world a better place by working to bring about a more transparent, sec ...
The Makers of the WHOLLY® AVOCADO Brand Join Irv's Burgers for Limited-Time Offer to Celebrate National Avocado Day, July 31
Prnewswire· 2024-07-29 20:00
For one day only, guests at iconic Irv's Burgers can order a WHOLLY® AVOCADO Bacon Burger, receive a free WHOLLY® Smashed Avocado Mini with any purchase and enter to win a year's supply of WHOLLY® productsORANGE, Calif., July 29, 2024 /PRNewswire/ -- This National Avocado Day, the makers of the WHOLLY® AVOCADO brand, which is known for its delicious hand-scooped Hass avocado products, are giving fans another reason to celebrate the beloved superfruit. America's No.1 refrigerated guacamole and avocado brand* ...
Hormel Foods Named to Forbes List of America's Best Employers for Women 2024
Prnewswire· 2024-07-26 02:03
From diversity and salary equity to career advancement and parental leave, Hormel Foods excels as top female employer.AUSTIN, Minn., July 25, 2024 /PRNewswire/ -- Hormel Foods Corporation (NYSE: HRL), a Fortune 500 global branded food company, proudly announced today that it has been recognized by Forbes as one of America's Best Employers for Women 2024. Hormel Foods has long promoted and supported a female-friendly culture, including employee resource groups such as Hormel Foods Women in Leadership and Wom ...
Hormel (HRL) Upgraded to Buy: Here's Why
ZACKS· 2024-07-24 01:00
Hormel Foods (HRL) could be a solid choice for investors given its recent upgrade to a Zacks Rank #2 (Buy). An upward trend in earnings estimates -- one of the most powerful forces impacting stock prices -- has triggered this rating change.The sole determinant of the Zacks rating is a company's changing earnings picture. The Zacks Consensus Estimate -- the consensus of EPS estimates from the sell-side analysts covering the stock -- for the current and following years is tracked by the system.The power of a ...
3 Dividend Stocks to Buy Now: Q3 Edition
Investor Place· 2024-07-21 01:58
As we navigate through the third quarter of 2024, the market is emerging from a period of significant gains. Over the past few months, a bullish rally has propelled tech stocks to new heights, leaving dividend stocks in the shadows. Yet, a recent shift in investor sentiment is becoming apparent. There is a growing trend of selling off overvalued tech stocks in favor of undervalued small caps and reliable dividend payers. This shift could mark the start of a broader rotation, presenting a timely opportunity ...
3 Safe Dividend Kings to Recession-Proof Your Portfolio
Investor Place· 2024-07-17 03:04
Income investors should focus on stocks that pay solid yields, but also those that have sustainable payouts and strong business models.Dividend kings are an excellent place to look for stocks with sustainable dividends. These are companies that have raised their dividends each year for more than 50 consecutive years.The following three dividend kings have low dividend payout ratios and recession-proof business models, meaning their dividends are well-covered even when the economy is suffering.Walmart (WMT)S ...
Hormel Foods Once Again Named One of 60 Best Companies to Sell For
Prnewswire· 2024-07-12 20:00
Selling Power recognizes the company's culture of success and dynamic team of sales professionals AUSTIN, Minn., July 12, 2024 /PRNewswire/ -- For the 23rd time, Hormel Foods Corporation (NYSE: HRL), a Fortune 500 global branded food company, has made the 2024 Selling Power 60 Best Companies to Sell For list. The list includes 60 of the most deserving sales organizations in the United States. For the 23rd time, Hormel Foods Corporation, a Fortune 500 global branded food company, has made the 2024 Selling ...