Five Dividend Kings Face Different Tests Before a 2027 Rebound

A September 22 screen by 24/7 Wall St. named Hormel Foods, Kimberly-Clark, Lowe’s, PepsiCo and Procter & Gamble as Dividend Kings with potential to rebound in 2027. Hormel had the group’s highest quoted yield, at 5.42%, but company results show that these stocks face different challenges.

A Dividend King is a company that has raised its dividend for at least 50 straight years. The screen quoted yields of 4.84% for Kimberly-Clark, 4.18% for PepsiCo, 2.37% for Lowe’s and 2.89% for P&G. Yields change as share prices move, so those figures are snapshots, not promises of future returns.

Hormel’s income appeal comes as parts of its business struggle. In its third quarter, ended July 26, retail volume fell 9% from a year earlier, while organic sales across the company slipped 2%. Foodservice organic sales grew 2%, offering a brighter spot.

Kimberly-Clark faces a different test: its planned acquisition of Kenvue. The $48.7 billion deal is expected to close in the fourth quarter of 2026, but still requires foreign regulatory approvals. Kenvue’s second-quarter organic sales grew 1.6%, while its adjusted operating margin declined year over year.

Lowe’s latest results point to cautious home-improvement demand. Comparable sales rose just 0.2% in the second quarter, and the company cut its 2026 comparable-sales outlook to flat, from a prior range of flat to 2% growth. That leaves a housing and spending recovery central to the 2027 case.

The lower yields on PepsiCo and P&G come with their own growth questions. The screen cited belt-tightening among consumers as a drag on PepsiCo’s North American food sales; P&G reported fiscal 2026 organic sales growth of 1% and forecast 1% to 5% earnings-per-share growth for fiscal 2027.

The screen’s “ready to rebound” label is an investment thesis, not a company forecast. Investors weighing the five will need to watch whether sales and volumes improve, whether costs ease, and whether Kimberly-Clark can complete its acquisition without disrupting operations.