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B&G Foods (BGS) Raises Quarterly Dividend 10.7% to $0.465; 4.5% Yield

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B&G Foods Increases Quarterly Dividend by 10.7 Percent

November 3, 2016 6:53 PM EDT

PARSIPPANY, N.J.--(BUSINESS WIRE)-- B&G Foods, Inc. (NYSE: BGS) announced today that its Board of Directors has increased the Companys quarterly cash dividend rate by 10.7% from $0.42 per share of common stock to $0.465 per share of common stock. On an annualized basis, the dividend increases from $1.68 per share to $1.86 per share. The quarterly dividend declared today is payable on January 30, 2017 to shareholders of record as of December 30, 2016.... More