Hormel Foods Corporation Declares Quarterly Dividend

  Hormel Foods Corporation Declares Quarterly Dividend

Business Wire

AUSTIN, Minn. -- March 24, 2014

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 twenty
cents (20¢) a share on March 24, 2014, will be paid May 15, 2014, to
stockholders of record at the close of business on April 21, 2014.

The May 15 payment will be the 343rd 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 2013, was named the 2013 Sustainable
Supply Chain of the Year by Refrigerated & Frozen Foods magazine, and was
again named one of “The 100 Best Corporate Citizens” by Corporate
Responsibility Magazine for the fifth year in a row. Hormel Foods was
recognized on the G.I. Jobs magazine list of America’s Top 100 Military
Friendly Employers in 2012 and 2013, and named one of the 2014 40 Best
Companies for Leaders by Chief Executive magazine. 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.

Contact:

Hormel Foods Corporation
Julie H. Craven, 507-437-5345
media@hormel.com
 
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