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Here is a current sheet of companies with fastest dividend growth compared to the previous dividend declaration. The dividend growth is often a good indicator for the financial health of a stock. Companies with a strong increase in dividends judge the future of their company rosy and they want to give money back to shareholders that they don’t need for their business.

In total, the 50 fastest dividend growth companies realized an average dividend growth of 56.77 percent. The average dividend yield of the stocks amounts to 3.55 percent. The P/E ratio is 21.68, P/B 1.98 and P/S finally 9.38.

Hormel Foods Corp. (NYSE:HRL) announced the retirement of James R. Hoffman, vice president of Hormel Foods International Corporation (HFIC) for the Americas, effective January 27, 2012.

Hormel Foods Corporation, together with its subsidiaries, produces and markets various meat and food products in the United States and Internationally.

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Unitedhealth Group, Inc. (NYSE:UNH) has donated $10,000 to Feeding America Southwest Virginia to help in the fight against senior hunger.

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