Reported 1 day ago
Hormel Foods Corporation (HRL) is highlighted as one of the top dividend kings for reliable income growth, with a remarkable 51-year streak of increasing dividends and a 5-year average growth rate of 5.69%. Despite facing challenges such as declining revenues and market fluctuations, the company maintains a strong cash position and offers a dividend yield of 3.77%. As dividend stocks provide a safer investment during uncertain economic conditions, HRL stands out as a viable option for income-focused investors.
Source: YAHOO