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Hormel is the winner.P/E Ratio (current hist.) Payout Ratio Yield (current hist.) Coca Cola (NYSE: KO) 49 22.7 151.6% 3.1% 3% Lancaster Colony (Nasdaq: LANC) 28.4 23.6 51.2% 1.84% 1.8% Tootsie Roll (TR) 34.39 32 32.7% 1% 1% Coca Cola: While the yield is nice, KO is too richly valued and has far too high a payout ratio for me to be of interest. Also, the company is in a transitional stage as it divests its bottling assets and focuses on the higher margin syrup business. It is too early to tell how well this strategy will work.

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