B&G Foods (BGS) Raises Quarterly Dividend 2.9% to $0.35; 4.9% Yield
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Go back to B&G Foods (BGS) Raises Quarterly Dividend 2.9% to $0.35; 4.9% Yield
July 23, 2015 5:56 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 2.9% from
$0.34 per share of common stock to $0.35 per share of common stock. On
an annualized basis, the dividend increases from $1.36 per share to
$1.40 per share. The quarterly dividend declared today is payable on
October 30, 2015 to shareholders of record as of September 30,... More
July 22, 2015 4:01 PM EDT
Net Income Increased 16.2%
Updates Full Year 2015 Guidance
PARSIPPANY, N.J.--(BUSINESS WIRE)--
B&G Foods, Inc. (NYSE: BGS) today announced financial results for the
second quarter and first two quarters of 2015.
Highlights (vs. year-ago quarter where applicable):
Net income increased 16.2% to $18.7 million
Adjusted net income* increased 8.4% to $19.0 million
Diluted earnings per share increased 10.0% to $0.33
Adjusted diluted earnings per share* increased 3.0% to $0.34
Adjusted EBITDA* increased 2.8% to $47.4 million...
More
