B&G Foods Declares Regular Quarterly Dividend

Rhea-AI Summary

B&G Foods, Inc. (NYSE: BGS) declares a regular quarterly cash dividend of $0.19 per share of common stock, with an annualized yield of 9.4%. This marks the 77th consecutive quarterly dividend declared since the company's initial public offering in October 2004.

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 January 30, 2024 to stockholders of record as of December 29, 2023.

At the closing market price of the common stock on November 13, 2023, the current dividend rate represents an annualized yield of 9.4%. This is the 77^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/20231113976806/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, Inc.?

B&G Foods, Inc. has declared a regular quarterly cash dividend of $0.19 per share of common stock.

When is the dividend payable to stockholders?

The dividend is payable on January 30, 2024 to stockholders of record as of December 29, 2023.

What is the annualized yield of the dividend?

At the closing market price of the common stock on November 13, 2023, the current dividend rate represents an annualized yield of 9.4%.