B&G Foods Declares Regular Quarterly Dividend
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Overall Analyst Rating:
NEUTRAL ( Up)
Dividend Yield: 6.6%
Revenue Growth %: -5.6%
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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 October 30, 2019 to shareholders of record as of September 30, 2019.
At the closing market price of the common stock on July 30, 2019, the current dividend rate represents an annualized yield of 10.4%. This is the 60th 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, Green Giant, Las Palmas, Le Sueur, Mama Mary’s, Maple Grove Farms, Mrs. Dash, New York Style, Ortega, Polaner, SnackWell’s, 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/20190730006106/en/
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ICR, Inc.
Dara Dierks
866.211.8151
Media Relations:
ICR, Inc.
Matt Lindberg
203.682.8214
Source: B&G Foods, Inc.
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