B&G Foods Declares Regular Quarterly Dividend

Rhea-AI Summary

B&G Foods, Inc. (NYSE: BGS) has declared a quarterly cash dividend of $0.19 per share, payable on May 1, 2023, to stockholders of record as of March 31, 2023. This dividend yields an annualized rate of 6.0% based on the stock price on February 27, 2023. This marks the 74^th consecutive quarterly dividend since the company went public in October 2004. B&G Foods operates from Parsippany, New Jersey, offering a diverse range of over 50 well-known brands across the U.S., Canada, and Puerto Rico.

Positive

• Declared a quarterly cash dividend of $0.19 per share.
• Annualized yield of 6.0% based on recent stock price.
• 74th consecutive quarterly dividend since IPO in October 2004.

Negative

• None.

PARSIPPANY, N.J.--(BUSINESS WIRE)-- B&G Foods, Inc. (NYSE: BGS) announced today that its Board of Directors has declared a regular quarterly cash dividend of $0.19 per share of common stock. The dividend is payable on May 1, 2023 to stockholders of record as of March 31, 2023.

At the closing market price of the common stock on February 27, 2023, the current dividend rate represents an annualized yield of 6.0%. This is the 74^th consecutive quarterly dividend declared by the Board of Directors since B&G Foods’ initial public offering in October 2004.

About B&G Foods, Inc.

Based in Parsippany, New Jersey, B&G Foods and its subsidiaries manufacture, sell and distribute high-quality, branded shelf-stable and frozen foods across the United States, Canada and Puerto Rico. With B&G Foods’ diverse portfolio of more than 50 brands you know and love, including B&G, B&M, Bear Creek, Cream of Wheat, Crisco, Dash, Green Giant, Las Palmas, Le Sueur, Mama Mary’s, Maple Grove Farms, New York Style, Ortega, Polaner, Spice Islands and Victoria, there’s a little something for everyone. For more information about B&G Foods and its brands, please visit www.bgfoods.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20230227005956/en/

Investor Relations:

ICR, Inc.

Dara Dierks

866.211.8151

Media Relations:

ICR, Inc.

Matt Lindberg

203.682.8214

Source: B&G Foods, Inc.

FAQ

When is the next dividend payment for BGS?

The next dividend payment for B&G Foods will be on May 1, 2023.

What is the dividend yield for BGS?

The current dividend yield for B&G Foods is 6.0%, based on the stock price as of February 27, 2023.

How long has BGS been paying dividends?

B&G Foods has been paying quarterly dividends for 74 consecutive quarters since its IPO in October 2004.