B&G Foods Declares Regular Quarterly Dividend

Rhea-AI Summary

B&G Foods, Inc. (NYSE: BGS) announced a quarterly cash dividend of $0.475 per share, payable on April 30, 2021, to shareholders on record by March 31, 2021. This dividend yields 6.2% based on the closing market price on March 1, 2021. The declaration marks the 66th consecutive quarterly dividend since the company's IPO in October 2004, reflecting its commitment to returning value to shareholders.

Positive

• Dividend of $0.475 per share enhances shareholder income.
• Annualized yield of 6.2% indicates strong return potential.
• 66 consecutive quarterly dividends signify consistent company performance.

Negative

• None.

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 April 30, 2021 to shareholders of record as of March 31, 2021.

At the closing market price of the common stock on March 1, 2021, the current dividend rate represents an annualized yield of 6.2%. This is the 66^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, 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/20210301006053/en/

FAQ

What are the dividend details for BGS?

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

When is the BGS dividend payment date?

The dividend is payable on April 30, 2021.

What is the yield of the BGS dividend?

The dividend represents an annualized yield of 6.2%.

How many consecutive quarterly dividends has BGS paid?

B&G Foods has paid 66 consecutive quarterly dividends.