When a company pays a dividend, it's a good thing for shareholders. When a company consistently pays a dividend every quarter, it's even better. And when a company can increase its dividend year after year because its profits are going up, it's a great thing.
If a dividend raise is a great thing, then Hormel Foods (NYSE: HRL) is one of the greatest dividend stocks there is. On Feb. 15, the company paid a dividend for the 382nd consecutive quarter. Moreover, this dividend was a 3% increase from its previous dividend, marking the 58th consecutive year that Hormel has raised its payment.
Source: Yahoo Finance
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Posted by D4L | Friday, March 22, 2024 | ArticleLinks | 0 comments »________________________________________________________________
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