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Press release from Business Wire

Hormel Foods Corporation Declares Quarterly Dividend

Monday, May 21, 2012

Hormel Foods Corporation Declares Quarterly Dividend16:30 EDT Monday, May 21, 2012 AUSTIN, Minn. (Business Wire) -- The Board of Directors of Hormel Foods Corporation (NYSE:HRL), a multinational marketer of consumer-branded food and meat products, has declared a regular quarterly dividend of 15 cents per share on the common stock of the corporation. The dividend will be paid Aug. 15, 2012, to stockholders of record at the close of business on July 23, 2012. The Aug. 15 payment will be the 336th consecutive quarterly dividend paid by the company. Since becoming a public company in 1928, Hormel Foods Corporation has paid a regular quarterly dividend without interruption. About Hormel FoodsHormel Foods Corporation, based in Austin, Minn., is a multinational manufacturer and marketer of consumer-branded food and meat products, many of which are among the best known and trusted in the food industry. The company leverages its extensive expertise, innovation and high competencies in pork and turkey processing and marketing to bring branded, value-added products to the global marketplace. The company is a member of the Standard & Poor's 500 Index, Dow Jones Sustainability Indexes, Maplecroft Climate Innovation Indexes, Global 1000 Sustainable Performance Leaders and was again named one of "The 100 Best Corporate Citizens” by Corporate Responsibility Magazine for the fourth year in a row. The company enjoys a strong reputation among consumers, retail grocers, foodservice and industrial customers for products highly regarded for quality, taste, nutrition, convenience and value. For more information, visit http://www.hormelfoods.com. Hormel Foods CorporationJulie H. Craven507-437-5345media@hormel.com