B&G Foods Declares Regular Quarterly Dividend
October 19 2010 - 4:44PM
Business Wire
B&G Foods, Inc. (NYSE: BGS) announced today that its Board
of Directors has declared a regular quarterly cash dividend of
$0.17 per share of common stock. The dividend will be payable on
January 31, 2011 to shareholders of record as of December 31, 2010.
At the closing market price of the common stock on October 18,
2010, the current dividend represents an annualized yield of 6.0%.
This is the twenty-fifth 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, shelf-stable
foods across the United States, Canada and Puerto Rico. B&G
Foods’ products include hot cereals, fruit spreads, canned
meats and beans, spices, seasonings, marinades, hot sauces, wine
vinegar, maple syrup, molasses, salad dressings, Mexican-style
sauces, taco shells and kits, salsas, pickles, peppers and other
specialty food products. B&G Foods competes in the retail
grocery, food service, specialty, private label, club and mass
merchandiser channels of distribution. Based in Parsippany, New
Jersey, B&G Foods’ products are marketed under many recognized
brands, including Ac’cent, B&G, B&M, Brer Rabbit, Cream of
Rice, Cream of Wheat, Emeril’s, Grandma’s Molasses,
Joan of Arc, Las Palmas, Maple Grove Farms of Vermont,
Ortega, Polaner, Red Devil, Regina, Sa-són, Trappey’s, Underwood,
Vermont Maid and Wright’s.
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