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The Dividend Pig  

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  • Hormel Foods: A Delicious Addition to the Dividend Aristocrats [View article]
    Hormel does have a lot of insider ownership, which is usually a bullish sign. This summer saw large volume of insider transactions, and I know the CEO picked up some shares as well. It was a good move, since the stock has risen by about 30% since then. Thanks for the tip on Seaboard, I'll have to check them out.
    Feb 20, 2011. 10:18 PM | 3 Likes Like |Link to Comment
  • Hormel Foods: A Delicious Addition to the Dividend Aristocrats [View article]
    I think a combination of last years growth and the recent market rally accounts for the 18.4 p/e of the stock, which also is pushing down it's yield. It may even be possible HRL's addition to the aristocrats excited investors at a time they were craving income and they bid up the price. Hopefully excitement will abate in the next year or two and the price will get to a more reasonable p/e below 15 or so.
    Feb 20, 2011. 11:15 AM | 2 Likes Like |Link to Comment
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