B&G Foods declares $0.42 dividend

 

B&G Foods (NYSE:BGS) declares $0.42/share quarterly dividend, in line with previous.

Forward yield 3.32%

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Payable Oct. 31; for shareholders of record Sept. 30; ex-div Sept. 28.

B&G Foods, Inc. (BGS) announced  that its Board of Directors has declared a regular quarterly cash dividend of $0.42 per share of common stock. The dividend is payable on October 31, 2016 to shareholders of record as of September 30, 2016.

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At the closing market price of the common stock on August 2, 2016, the current dividend rate represents an annualized yield of 3.3%. This is the 48th 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 (BGF) and its subsidiaries manufacture, sell and distribute a diversified portfolio of high-quality, branded shelf-stable and frozen 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, Green Giant, JJ Flats, Joan of Arc, Las Palmas, Le Sueur, 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, 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.

Fuente: Seeking Alpha


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