HRL Dividend Calculator
Calculate how much dividend income Hormel Foods Corporation (HRL) could generate with reinvestment. Pre-loaded with HRL's current 4.60% yield and 3.4% dividend growth rate.
Dividend Yield: 4.60%
Annual Dividend: $1.17 per share
Share Price: $25.39
Payout Ratio: 137.0%
HRL DRIP Calculator
Model HRL dividend reinvestment with customizable yield, growth rate, contribution, and time horizon. Compare DRIP vs no-DRIP returns and see year-by-year projection tables.
5-Year Dividend Growth Rate (CAGR): 3.4% per year
Frequently Asked Questions
- What is HRL's current dividend yield?
- HRL (Hormel Foods Corporation) currently has a dividend yield of 4.60%. This means for every $10,000 invested, you would receive approximately $460 per year in dividend income before taxes.
- How much HRL do I need to make $1,000 per month in dividends?
- To earn $1,000 per month ($12,000/year) from HRL at its current yield of 4.60%, you would need approximately $260,870 invested. With dividend reinvestment and growth, you may need less over time.
- Does HRL pay monthly dividends?
- No, HRL pays dividends quarterly (4 times per year). You can build monthly income by combining it with other stocks that pay in different months.
- Is HRL's dividend safe?
- HRL's payout ratio is 137%, which is elevated. Monitor earnings closely, as high payout ratios can indicate less flexibility for dividend growth or sustainability during downturns.
- What is HRL's dividend growth rate?
- HRL's 5-year dividend compound annual growth rate (CAGR) is approximately 3.4% per year. This growth rate is pre-loaded into the calculator above to give you a realistic projection.
See full dividend history and analysis on the HRL dividend page.