Hormel Foods Corporation, a global branded food company, announces that its quarterly dividend on the common stock, authorized by the Board of Directors at 24.50 cents ($0.2450) a share on March 22, 2021, will be paid May 17, 2021, to stockholders of record at the close of business on April 12, 2021.

The May 17 payment will be the 371st consecutive quarterly dividend paid by the company. Since becoming a public company in 1928, Hormel Foods Corporation has paid a regular quarterly dividend without interruption.