I really like Hormel for Spam.Also as a new member of The Dividend Kings. 50 years of increasing there Dividend.
Spam was introduced by Hormel in 1937.
Spam is an acronym standing for “Specially Processed American Meat”.
You can get many varieties of Spam.
Spam Classic – original flavor
Spam Hot & Spicy – with Tabasco flavor
Spam with Black Pepper
Spam Low Sodium – “25% less sodium”
Spam Lite – “33% fewer calories, 25% less sodium, and 50% less fat” – made from pork shoulder meat, ham, and mechanically separated chicken
Spam Oven Roasted Turkey
Spam Hickory Smoked
Spam Spread – “if you’re a spreader, not a slicer … just like Spam Classic, but in a spreadable form”
Spam Macadamia Nuts – Partnered with Hamakua Plantation
Spam Portuguese Sausage
The PRICE for Hormel on 2/24/2016 was 43.57
Earnings Date: May 18 – May 23 (Est.)
52wk Range: 27.08 – 45.72
Market Cap: 23.02B
P/E (ttm): 31.57
EPS (ttm): 1.38
Div & Yield: 0.58 (1.36%
Hormel Foods Corporation produces and markets various meat and food products worldwide. The company operates in five segments: Grocery Products, Refrigerated Foods, Jennie-O Turkey Store, Specialty Foods, and International & Other. It provides various perishable meat products, including fresh meats, frozen items, refrigerated meal solutions, sausages, hams, wieners, and bacon; and shelf-stable products comprising canned luncheon meats, shelf-stable microwaveable meals, stews, chilies, hash, meat spreads, flour and corn tortillas, salsas, tortilla chips, peanut butter, and other products. The company also offers poultry products, such as turkey products; and nutritional food products and supplements, sugar and sugar substitutes, dessert and drink mixes, and industrial gelatin products. It sells its products through sales personnel, as well as through independent brokers and distributors. The company was formerly known as Geo. A. Hormel & Company and changed its name to Hormel Foods Corporation in January 1995. Hormel Foods Corporation was founded in 1891 and is based in Austin, Minnesota.