B&G Foods Declares Regular Quarterly Dividend

Rhea-AI Summary

B&G Foods declared a quarterly cash dividend of $0.475 per share, payable on November 1, 2021, to shareholders of record as of September 30, 2021. This dividend represents an annualized yield of 6.6% based on the stock's closing price on August 3, 2021. Notably, this marks the 68th consecutive quarterly dividend since the company's IPO in October 2004, reflecting a strong commitment to returning value to shareholders.

Positive

• Quarterly cash dividend of $0.475 per share enhances income for shareholders.
• Annualized yield of 6.6% offers attractive returns for investors.
• 68th consecutive quarterly dividend indicates consistent financial 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 November 1, 2021 to shareholders of record as of September 30, 2021.

At the closing market price of the common stock on August 3, 2021, the current dividend rate represents an annualized yield of 6.6%. This is the 68^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/20210803006141/en/

FAQ

What is the dividend amount declared by BGS?

BGS has declared a quarterly cash dividend of $0.475 per share.

When will the BGS dividend be paid?

The BGS dividend will be paid on November 1, 2021.

What is the record date for the BGS dividend?

The record date for the BGS dividend is September 30, 2021.

What is the annualized yield for BGS's latest dividend?

The annualized yield for BGS's latest dividend is 6.6%.

How many consecutive dividends has BGS declared?

BGS has declared 68 consecutive quarterly dividends.