Hormel Foods Announces Increase to 47th Consecutive Annual Dividend, Revised

  Hormel Foods Announces Increase to 47th Consecutive Annual Dividend, Revised

Business Wire

AUSTIN, Minn. -- January 2, 2013

Hormel Foods Corporation (NYSE: HRL), a multinational marketer of
consumer-branded food and meat products, announced today that its quarterly
dividend on the common stock, authorized by the Board of Directors at
seventeen cents (17¢) a share on November 20, 2012, will be paid Feb. 15,
2013, to stockholders of record at the close of business on Jan. 22, 2013.
(Please note: this date has been changed from a previously announced date of
Jan. 21, 2013.)

This is the 47th consecutive annual dividend increase.

The annual dividend on the common stock of the corporation was raised to $.68
per share from $.60 per share.

The Feb. 15 payment will be the 338th 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.

About Hormel Foods
Hormel Foods Corporation, based in Austin, Minn., is a multinational
manufacturer and marketer of consumer-branded food and meat products, many of
which are among the best known and trusted in the food industry. The company
leverages its extensive expertise, innovation and high competencies in pork
and turkey processing and marketing to bring branded, value-added products to
the global marketplace. The company is a member of the Standard & Poor's (S&P)
500 Index, S&P Dividend Aristocrats for 2012, Maplecroft Climate Innovation
Indexes, Global 1000 Sustainable Performance Leaders and was again named one
of "The 100 Best Corporate Citizens" by Corporate Responsibility Magazine for
the fourth year in a row. Hormel Foods debuted on the G.I. Jobs magazine list
of America’s Top 100 Military Friendly Employers in 2012. The company enjoys a
strong reputation among consumers, retail grocers, foodservice and industrial
customers for products highly regarded for quality, taste, nutrition,
convenience and value. For more information, visit http://www.hormelfoods.com.


Hormel Foods Corporation
Julie H. Craven, 507-437-5345
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