The Hormel Foods Corporation Dividend Reinvestment Plan, offered through our transfer agent Equiniti Trust Company, LLC, provides you the opportunity to invest quarterly cash dividends in additional shares of Hormel
common stock without incurring brokerage charges.
Participation in dividend reinvestment is entirely voluntary and, subject to the terms and conditions of the
Plan, you may join or withdraw at any time.
If you do not already own stock, it will be necessary to make an initial purchase of stock through a broker.
It can be for as little as one share and should be issued in your name (not held by the broker). Your broker
can provide you with the details regarding the transfer process.
If you elect to participate in the Dividend Reinvestment Plan, your quarterly dividends will automatically
be used to purchase additional shares of Hormel common stock for your account. Dividend payments are made
quarterly, around the 15th day of February, May, August and November.
You may increase your purchases in any month with your own additional cash contribution. Hormel Foods
Corporation will pay brokerage charges associated with any purchases made under the Plan. Equiniti Trust Company, LLC makes dividend reinvestment purchases on about the 15th of every month, so a cash contribution is
invested with the next round of purchases. A statement is mailed to the shareholder shortly after each
purchase.