B&G Foods Declares Regular Quarterly Dividend

Rhea-AI Summary

B&G Foods, Inc. (NYSE: BGS) has declared a quarterly cash dividend of $0.475 per share, payable on August 1, 2022, to shareholders of record as of June 30, 2022. At the market price on May 17, 2022, this dividend represents an annual yield of 7.9%. This marks the 71st consecutive quarterly dividend since the company's IPO in October 2004.

Positive

• Quarterly cash dividend of $0.475 per share enhances shareholder income.
• Annualized yield of 7.9% indicates strong return on investment.
• 71 consecutive quarters of dividends demonstrate financial stability and commitment to shareholders.

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 August 1, 2022 to shareholders of record as of June 30, 2022.

At the closing market price of the common stock on May 17, 2022, the current dividend rate represents an annualized yield of 7.9%. This is the 71^st 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/20220517006303/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 B&G Foods dividend amount and payment date for 2022?

B&G Foods declared a dividend of $0.475 per share, payable on August 1, 2022.

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

The annualized yield of the dividend, based on the market price as of May 17, 2022, is 7.9%.

How long has B&G Foods been paying dividends?

B&G Foods has paid dividends for 71 consecutive quarters since its IPO in October 2004.