B&G Foods Declares Regular Quarterly Dividend

Rhea-AI Summary

B&G Foods (NYSE: BGS) has declared a quarterly cash dividend of $0.475 per share, payable on July 30, 2021 to shareholders of record as of June 30, 2021. This announcement marks the 67th consecutive quarterly dividend since its IPO in October 2004. At the closing market price on May 18, 2021, the dividend yields an annualized rate of 6.5%, demonstrating the company's commitment to returning value to shareholders.

Positive

• 67th consecutive quarterly dividend reflects consistent shareholder returns.
• Annualized yield of 6.5% indicates strong dividend attractiveness.

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 July 30, 2021 to shareholders of record as of June 30, 2021.

At the closing market price of the common stock on May 18, 2021, the current dividend rate represents an annualized yield of 6.5%. This is the 67^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/20210518006188/en/

FAQ

What is the dividend amount declared by BGS?

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

When is the BGS dividend payment date?

The dividend is payable on July 30, 2021.

What is the yield of BGS's recent dividend announcement?

The recent dividend announcement has an annualized yield of 6.5%.

How many consecutive dividends has BGS declared?

BGS has declared the 67th consecutive quarterly dividend.