Hormel (HRL), the maker of Spam, Skippy peanut butter and Jennie-O turkey, is a top dividend stock that tends to make steady upward progress. The company has boosted its dividend 49 years in a row. It’s a member of the S&P 500 Dividend Aristocrats index of companies that have raised their payouts for at least 25 straight years. Hormel most recently hiked the dividend in February — by 5 cents, or 25%, to 25 cents a share.