Most known for its SPAM canned meat, Hormel Foods Corporation (HRL) is much more than that. The company boasts a wide range of strong food brands and has a track record of strong management and financial discipline. For dividend growth investors, this means both rising dividends and steady earnings growth over the long term.
Hormel is one of the best food companies that long-term investors can buy. We will outline the driving factors behind Hormel's strong performance and demonstrate why the stock remains attractive at current valuations.