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 May 2, 2022, to shareholders of record as of March 31, 2022. This dividend signifies the 70th consecutive quarterly dividend since its IPO in October 2004. The current dividend rate reflects an annualized yield of 6.4% based on the market price as of February 28, 2022.

Positive

• Declared $0.475 dividend per share, enhancing shareholder income.
• 70th consecutive quarterly dividend demonstrates consistent performance.
• Annualized yield of 6.4% at recent market price shows attractive return.

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 May 2, 2022 to shareholders of record as of March 31, 2022.

At the closing market price of the common stock on February 28, 2022, the current dividend rate represents an annualized yield of 6.4%. This is the 70^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/20220228006208/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 in 2022?

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 May 2, 2022.

What is the record date for the BGS dividend?

The record date for the dividend is March 31, 2022.

What is the annualized yield of BGS's dividend?

The current dividend rate represents an annualized yield of 6.4%.

How many consecutive dividends has BGS declared?

B&G Foods has declared 70 consecutive quarterly dividends since its IPO.