B&G Foods (BGS) Declares $0.095 Quarterly Dividend; 7.5% Yield
Get Alerts BGS Hot Sheet
Overall Analyst Rating:
SELL (= Flat)
Dividend Yield: 9.5%
Revenue Growth %: -4.6%
Join SI Premium – FREE
B&G Foods (NYSE: BGS) declared a quarterly dividend of $0.095 per share, or $0.38 annualized.
The dividend will be payable on July 30, 2026, to stockholders of record on June 30, 2026, with an ex-dividend date of June 29, 2026.
The annual yield on the dividend is 7.5 percent.
Casey Keller, President and Chief Executive Officer of B&G Foods, stated, “The reduction in our dividend rate approved yesterday by our Board of Directors, which follows a series of divestitures and portfolio reshaping, is consistent with our commitment to reduce our leverage and is designed to position us well for the refinancing of upcoming debt maturities and future growth through accretive acquisitions. The new dividend rate, while still paying a substantial portion of our excess cash to stockholders, provides for a substantial portion of our excess cash to be retained in our business for debt repayment or other business needs that may arise. We believe that the new dividend rate is sustainable in both the short- and long-term and is consistent with our company’s desire to provide stockholders with an attractive and reliable return on their investment.”
For a dividend history and other dividend-related data on B&G Foods (BGS) click here.
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Abacus defamation suit against Coventry survives dismissal bid
- BMO Capital Reiterates Outperform Rating on CMS Energy (CMS)
- Doma Perpetual opposes InMode's $16.20-per-share CEO-led buyout
Create E-mail Alert Related Categories
Dividends, Management CommentsRelated Entities
Dividend, Maynard Um, Mark Zuckerberg, ARKSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!



Tweet
Share