Hormel Foods Corporation To Acquire Country Crock Chilled Side Dish Line From Unilever United States Inc.
January 18, 2010 |
| Hormel Foods Corporation announced it has entered into a definitive agreement to acquire Country Crock chilled side dish line from Unilever United States Inc., of Englewood Cliffs, N.J. The transaction is expected to close by February 2010. Terms were not disclosed. The Country Crock chilled side dish line consists of 10 varieties of refrigerated, microwaveable, multi-portion, potato-/pasta-based side dish products. |
Hormel Foods Corporation Increases Annual Dividend
November 24, 2009 |
| Hormel Foods Corporation announced that the Board of Directors of announced its consecutive annual dividend increase. The annual dividend on the common stock of the Company was raised to $.84 per share from $.76 per share. A quarterly dividend on the common stock was also authorized by the Board of Directors at USD0.21 a share. The quarterly dividend will be paid February 15, 2010, to stockholders of record at the close of business on January 23, 2010 |
Hormel Foods Corporation Issues FY 2010 EPS Guidance Above Analysts' Estimates
November 24, 2009 |
| Hormel Foods Corporation announced that the Company is setting its fiscal 2010 guidance range at $2.63 to $2.73 per share (EPS). According to Reuters Estimates, analysts on an average were expecting the Company to report EPS of $2.59 for fiscal 2010. |
Hormel Foods Corporation And Herdez Del Fuerte Announce Close Of MegaMex Foods Agreement
October 26, 2009 |
| Hormel Foods Corporation and Herdez Del Fuerte, S.A. de C.V. announced the closing of a 50/50 joint venture agreement to create MegaMex Foods, LLC, which will market Mexican foods in the United States. |
Hormel Foods Corporation Declares Quarterly Dividend
October 5, 2009 |
| The Board of Directors of Hormel Foods Corporation has declared a regular quarterly dividend of $0.19 per share on the common capital stock of the Company. The dividend is to be paid November 15, 2009, to stockholders of record at the close of business on October 24, 2009. |
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