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May 27, 2002

USA: Hormel Foods announces quarterly dividend

Austin, Minn.-based consumer-branded meat and food processing giant Hormel Foods Corporation has declared a regular quarterly dividend of US$.0975 a share on the common capital stock of the corporation. The company's board of directors said that the dividend is to be paid 15 August 2002, to stockholders on record at the close of business on 20 July 2002.

Austin, Minn.-based consumer-branded meat and food processing giant Hormel Foods Corporation has declared a regular quarterly dividend of US$.0975 a share on the common capital stock of the corporation.

The company’s board of directors said that the dividend is to be paid 15 August 2002, to stockholders on record at the close of business on 20 July 2002.

This is the 296th consecutive quarterly dividend.

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