B&G Foods Declares Regular Quarterly Dividend

Rhea-AI Summary

B&G Foods, Inc. (NYSE: BGS) has declared a regular quarterly cash dividend of $0.475 per share, to be paid on October 31, 2022 to shareholders of record as of September 30, 2022. This dividend represents a 7.6% annualized yield based on the market price as of August 1, 2022. This marks the 72nd consecutive quarterly dividend since the company's IPO in October 2004.

Positive

• Declaration of a quarterly cash dividend of $0.475 per share.
• Annualized yield of 7.6%, indicating strong shareholder returns.
• 72nd consecutive quarterly dividend reinforces investor confidence.

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 $0.475 per share of common stock. The dividend is payable on October 31, 2022 to shareholders of record as of September 30, 2022.

At the closing market price of the common stock on August 1, 2022, the current dividend rate represents an annualized yield of 7.6%. This is the 72^nd 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 Back to Nature, 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/20220801005852/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

What is the dividend amount declared by B&G Foods for October 2022?

B&G Foods declared a quarterly cash dividend of $0.475 per share.

When will B&G Foods pay its next dividend?

The dividend will be payable on October 31, 2022.

What is the record date for the B&G Foods dividend?

The record date for the dividend is September 30, 2022.

What is the annual yield of B&G Foods' dividend?

The annualized yield is 7.6% based on the market price as of August 1, 2022.

How many consecutive dividends has B&G Foods declared?

B&G Foods has declared 72 consecutive quarterly dividends since its IPO in October 2004.