B&G Foods Declares Regular Quarterly Dividend
July 19 2011 - 4:58PM
Business Wire
B&G Foods, Inc. (NYSE: BGS) announced today that its Board
of Directors has declared a regular quarterly cash dividend of
$0.21 per share of common stock. The dividend will be payable on
October 31, 2011 to shareholders of record as of September 30,
2011. At the closing market price of the common stock on
July 19, 2011, the current dividend represents an annualized
yield of 4.0%. This is the twenty-eighth 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, 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, Don Pepino, Emeril’s,
Grandma’s Molasses, Joan of Arc, Las Palmas,
Maple Grove Farms of Vermont, Ortega, Polaner,
Red Devil, Regina, Sa-són, Sclafani, Trappey’s, Underwood, Vermont
Maid and Wright’s.
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