The Board of Directors of Hormel Foods Corporation (NYSE: HRL), Austin, Minn.-based consumer-branded meat and food processing firm, at its monthly meeting declared a regular quarterly dividend of nine and one-quarter cents ($.0925) a share on the common capital stock of the corporation.

The dividend is to be paid November 15, 2001, to stockholders of record at the close of business on October 20, 2001.

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This is the 293rd consecutive quarterly dividend.

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