5 Best April Dividend Stocks To Invest In

4. Hormel Foods Corporation (NYSE:HRL)

Ex-Dividend Date: April 12

Hormel Foods Corporation (NYSE:HRL) is a Minnesota-based food processing company that manufactures and sells a wide variety of food products to consumers globally. On March 25, the company announced a quarterly dividend of $0.2825 per share, which was consistent with its previous dividend. The stock has a dividend yield of 3.24%, as of March 28. With a dividend growth streak of 58 years, HRL is one of the best dividend stocks on our list.

At the end of the December quarter of 2023, 25 hedge funds, up from 18 in the previous quarter, held stakes in Hormel Foods Corporation (NYSE:HRL), as per Insider Monkey’s database. These stakes have a total value of more than $468 million.