- HRL recently reported its FY2017 results and also announced its 52nd consecutive increase to its annual dividend.
- Challenges persist in a couple of HRL’s divisions but its diversified portfolio of products and geographic presence mitigates some of the volatility.
- Growth by acquisition continues with 2 acquisitions completed subsequent to July 2017 and another expected to close December 2017.
- Shares are not inexpensive but you can typically expect to pay up when you invest in a high quality company with steady long-term growth potential.
Continue reading “Hormel Foods Corporation – High Quality, Steady Growth”