By Mill Chart
Last update: Mar 14, 2024
HORMEL FOODS CORP (NYSE:HRL) has caught the attention of dividend investors as a stock worth considering. NYSE:HRL excels in profitability, solvency, and liquidity, all while providing a decent dividend. Let's delve into the details.
ChartMill employs its own Dividend Rating system for all stocks. This score, on a scale of 0 to 10, is determined by evaluating different dividend factors, such as yield, historical performance, dividend growth, and sustainability. NYSE:HRL has been assigned a 7 for dividend:
ChartMill assigns a Health Rating to every stock. This score ranges from 0 to 10 and evaluates the different health aspects like liquidity and solvency, both absolutely, but also relative to the industry peers. NYSE:HRL scores a 5 out of 10:
ChartMill utilizes a Profitability Rating to assess stocks, scoring them on a scale of 0 to 10. This rating takes into account a variety of profitability ratios and margins, both in absolute terms and in comparison to industry peers. NYSE:HRL has earned a 5 out of 10:
More Best Dividend stocks can be found in our Best Dividend screener.
Our latest full fundamental report of HRL contains the most current fundamental analsysis.
Important Note: The content of this article is not intended as trading advice. It is essential to perform your own analysis and exercise caution when making trading decisions. The article presents observations created by automated analysis but does not guarantee any trading or investment outcomes. Always trade responsibly and make independent judgments.
HORMEL FOODS CORP
NYSE:HRL (4/25/2024, 7:04:00 PM)
After market: 35.27 0 (0%)35.27
-0.33 (-0.93%)
Is HORMEL FOODS CORP (NYSE:HRL) a Good Fit for Dividend Investing?
/PRNewswire/ -- Hormel Foods Corporation (NYSE: HRL), a Fortune 500 global branded food company, today announced that Jeff Grev, vice president of legislative...
Beyond Meat produces meat alternatives, while Hormel's business is focused on traditional protein. Only one of these companies currently makes money.
Beyond Meat produces meat alternatives, while Hormel's business is focused on traditional protein. Only one of these companies currently makes money.
These are boring companies, but boring can be powerful when you look to create wealth that lasts for generations.
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Companies in the Zacks Food - Meat Products industry gain from the growing demand for protein-rich products. Efforts to expand capacity and undertake product diversification have been working well for Tyson Foods (TSN), Hormel Foods (HRL) and Pilgrim's Pride (PPC).
The food company is trying to get back on its feet after some trying years.
"Fallen angel": A great company that has temporarily encountered hard times. Dividend King Hormel Foods is likely to fly again at some point soon.
/PRNewswire/ -- Hormel Foods, a Fortune 500 global branded food company, is now accepting nominations for the 2024 class of 10 Under 20 Food Heroes. The...