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Heard on the Street: Hormel announces yet another dividend

Hormel Foods Corp. announced a quarterly dividend of 25 cents, to be paid Nov. 16 to stockholders as of Oct. 19.

It will be the 349th consecutive quarterly dividend paid by the company. Since becoming a public company in 1928, Hormel Foods Corp. has paid a regular quarterly dividend without interruption, it announced.

Austin-based Hormel is a multinational manufacturer and marketer of consumer-branded food and meat products, including Spam. — Post-Bulletin staff

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