By Mill Chart
Last update: Apr 5, 2024
HORMEL FOODS CORP (NYSE:HRL) is a hidden gem unveiled by our stock screening tool, featuring a promising dividend outlook alongside solid fundamentals. NYSE:HRL demonstrates decent financial health and profitability while ensuring a sustainable dividend. Let's break it down further.
ChartMill assigns a Dividend Rating to each stock, ranging from 0 to 10. This rating is calculated by analyzing various dividend elements, such as yield, historical performance, dividend growth, and sustainability. NYSE:HRL has been awarded a 7 for its dividend quality:
ChartMill employs its own Health Rating for stock assessment. This rating, ranging from 0 to 10, is calculated by examining various liquidity and solvency ratios. In the case of NYSE:HRL, the assigned 5 reflects its health status:
ChartMill assigns a Profitability Rating to every stock. This score ranges from 0 to 10 and evaluates the different profitability ratios and margins, both absolutely, but also relative to the industry peers. NYSE:HRL scores a 5 out of 10:
More Best Dividend stocks can be found in our Best Dividend screener.
For an up to date full fundamental analysis you can check the fundamental report of HRL
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 (4/29/2024, 3:19:28 PM)
After market: 35.42 0 (0%)35.42
+0.1 (+0.28%)
Procter & Gamble is an easy stock to love today, but I'm also a huge fan of Hormel Foods, which is down and out.
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.
These are boring companies, but boring can be powerful when you look to create wealth that lasts for generations.
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.