Hormel (NYSE: HRL) is one of the lowest-yielding stocks in my portfolio even though its dividend yield is historically high. I tend to favor higher-yielding stocks with slower dividend growth rates, so I saw (and still see) Hormel as a way to add some inflation-fighting power to my portfolio. And they are, though a company that rewards investors with a 6% dividend increase even during hard times is clearly making a statement about its belief in a brighter future.