B&G Foods Increases Quarterly Dividend by 2.9%
July 23 2015 - 5:56PM
Business Wire
B&G Foods, Inc. (NYSE:BGS) announced today that its Board of
Directors has increased the Company’s 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, 2015.
At the closing market price of the common stock on July 23,
2015, the new dividend rate represents an annualized yield of 4.9%.
This is the 44th consecutive quarterly dividend declared by the
Board of Directors since B&G Foods’ initial public
offering in October 2004.
About B&G Foods, Inc.
B&G Foods and its subsidiaries manufacture, sell and
distribute a diversified portfolio of high-quality, branded
shelf-stable foods across the United States, Canada and Puerto
Rico. Based in Parsippany, New Jersey, B&G Foods’ products
are marketed under many recognized brands, including Ac’cent,
B&G, B&M, Baker’s Joy, Bear Creek Country Kitchens, Brer
Rabbit, Canoleo, Cary’s, Cream of Rice,
Cream of Wheat, Devonsheer, Don Pepino, Emeril’s,
Grandma’s Molasses, JJ Flats, Joan of Arc,
Las Palmas, MacDonald’s, Mama Mary’s, Maple Grove Farms, Molly
McButter, Mrs. Dash, New York Flatbreads, New York
Style, Old London, Original Tings, Ortega, Pirate’s Booty, Polaner,
Red Devil, Regina, Rickland Orchards, Sa-són, Sclafani, Smart
Puffs, Spring Tree, Sugar Twin, Trappey’s, TrueNorth, Underwood,
Vermont Maid and Wright’s. B&G Foods also sells and distributes
Static Guard, a household product brand.
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