B&G Foods (BGS) Raises Quarterly Dividend 20% to $0.42; 4.5% Yield
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B&G Foods Increases Quarterly Dividend by 20 Percent
February 22, 2016 8:32 PM ESTPARSIPPANY, 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 20% from $0.35 per share of common stock to $0.42 per share of common stock. On an annualized basis, the dividend increases from $1.40 per share to $1.68 per share. The quarterly dividend declared today is payable on May 2, 2016, to shareholders of record as of March 31, 2016.
At the closing market price of the common stock on February 22, 2016,... More
