Hormel Foods and HP Inc. Declare Dividend Increases

Hormel Foods

and HP declared dividend increases in a light week for such announcements before the Thanksgiving holiday.

Hormel Foods (ticker: HRL) said it would increase its annual dividend by 6%. The company’s annual payout will get bumped up to $1.10 a share from $1.04. The quarterly dividend will increase to 27.5 cents a share from 26 cents.