Owners of Hormel Foods Corporation (NYSE: HRL) shares as of market close today will be eligible for a dividend of 17 cents per share. At a price of $41.06 as of 4:06 p.m. ET, the dividend yield is 1.7%. The average volume for Hormel Foods Corporation has been 889,500 shares per day over the past 30 days. Hormel Foods Corporation has a market cap of $10.8 billion and is part of the food & beverage industry. Shares are up 31.1% year to date as of the close of trading on Monday. EXCLUSIVE OFFER: Jim Cramer's Protégé, Dave Peltier, only buys dividend stocks that have the potential for a 3% to 4% yield and 10% growth. Get his best picks for less than $50/year. Hormel Foods Corporation engages in the production and marketing of various meat and food products. Its meat products include fresh, frozen, cured, smoked, cooked, and canned meat. The company has a P/E ratio of 22.01. TheStreet Ratings rates Hormel Foods Corporation as a buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance, revenue growth, largely solid financial position with reasonable debt levels by most measures, reasonable valuation levels and notable return on equity. We feel these strengths outweigh the fact that the company shows low profit margins. You can view the full Hormel Foods Corporation Ratings Report now.