B&G Foods Increases Quarterly Dividend 3.1 Percent to $0.33/Share
B&G Foods, Inc. (NYSE: BGS) announced today that its Board of Directors
has increased the Company's quarterly cash dividend rate by 3.1% from
$0.32 per share of common stock to $0.33 per share of common stock. On
an annualized basis, the dividend increases from $1.28 per share to
$1.32 per share. The quarterly dividend declared today is payable on
January 30, 2014, to shareholders of record as of December 31, 2013.
At the closing market price of the common stock on October 15, 2013, the
new dividend rate represents an annualized yield of 3.6%. This is the 37th
consecutive quarterly dividend declared by the Board of Directors since
B&G Foods' initial public offering in October 2004.