B&G Foods Declares Regular Quarterly Dividend

Rhea-AI Summary

B&G Foods, Inc. (NYSE: BGS) has announced a quarterly cash dividend of $0.475 per share, payable on January 31, 2022 to shareholders of record as of December 31, 2021. This dividend reflects an annualized yield of 6.1% based on the market price as of November 2, 2021. This marks the 69th consecutive quarterly dividend declared since the company's IPO in October 2004.

Positive

• Quarterly dividend of $0.475 per share indicates strong cash flow.
• Annualized yield of 6.1% is attractive for shareholders.
• 69 consecutive quarterly dividends reflect consistent shareholder returns.

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 January 31, 2022 to shareholders of record as of December 31, 2021.

At the closing market price of the common stock on November 2, 2021, the current dividend rate represents an annualized yield of 6.1%. This is the 69^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 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/20211102006379/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 BGS?

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

When will the BGS dividend be paid?

The dividend will be paid on January 31, 2022.

What is the yield of the BGS dividend?

The current dividend yield is 6.1% based on the market price as of November 2, 2021.

How many consecutive dividends has BGS declared?

B&G Foods has declared 69 consecutive quarterly dividends since its IPO.

Who is eligible for the BGS dividend?

Only shareholders of record as of December 31, 2021, are eligible for the dividend.