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"Hormel Foods and HP Inc. Declare Dividend Increases"

"Hormel Foods HRL +0.53% and HP declared dividend increases in a light week for such announcements before the Thanksgiving holiday.

Hormel Foods (ticker: HRL) said it would increase its annual dividend by 6%. The company’s annual payout will get bumped up to $1.10 a share from $1.04. The quarterly dividend will increase to 27.5 cents a share from 26 cents.

This marks the 57th consecutive year in which the company’s annual dividend has increased. Hormel is a member of the S&P 500 Dividend Aristocrats Index, whose members have paid out a higher dividend for at least 25 straight years."