B&G Foods (BGS) Raises Quarterly Dividend 2.9% to $0.35; 4.9% Yield

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B&G Foods Increases Quarterly Dividend by 2.9%

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

B&G Foods Reports Financial Results for Second Quarter 2015

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