Hormel Foods Corporation (NYSE:HRL) will release earnings for its first quarter before the opening bell on Thursday, Feb. 26.

Analysts expect the company to report earnings of 32 cents per share. That's down from 35 cents per share in the year-ago period. The consensus estimate for Hormel Foods quarterly revenue is $3.06 billion (it reported $2.99 billion last year), according to Benzinga Pro.

On Tuesday, Hormel Foods announced the appointment of Donald Monk as chief technology officer, effective March 23.

With the recent buzz around Hormel Foods, some investors may be eyeing potential gains from the company's dividends too. As of now, Hormel has an annual dividend yield of 4.53%, which is a quarterly dividend amount of 29.25 cents per share ($1.17 a year).

To figure out how to earn $500 monthly from Hormel Foods, we start with the yearly target of $6,000 ...