AUSTIN, Minn. – Hormel Foods Corp. announced its quarterly dividend on the common stock at 17 cents a share on March 25.

The dividend will be paid May 15 to stockholders of record at the close of business on April 22, 2013.

The May 15 represents the 339th consecutive quarterly dividend paid by Hormel Foods. Since becoming a public company in 1928, the company has paid a regular quarterly dividend without interruption.