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B&G Foods, Inc. (NYSE:BGS) announced today that its Board of Directors has declared a regular quarterly cash dividend of $0.475 per share of common stock. The dividend is payable on October 30, 2018 to shareholders of record as of September 28, 2018.
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At the closing market price of the common stock on July 31, 2018, the current dividend rate represents an annualized yield of 6.1%. This is the 56th consecutive quarterly dividend declared by the Board of Directors since B&G Foods' initial public offering in October 2004.
About B&G Foods, Inc.
Based in Parsippany, New Jersey, B&G Foods and its subsidiaries manufacture, sell and distribute high-quality, branded shelf-stable and frozen foods across the United States, Canada and Puerto Rico. With B&G Foods' diverse portfolio of more than 50 brands you know and love, including Back to Nature, B&G, B&M, Cream of Wheat, Green Giant, Las Palmas, Le Sueur, Mama Mary's, Maple Grove Farms, Mrs. Dash, New York Style, Ortega, Pirate's Booty, Polaner, SnackWell's, Spice Islands and Victoria, there's a little something for everyone. For more information about B&G Foods and its brands, please visit www.bgfoods.com.
View source version on businesswire.com: https://www.businesswire.com/news/home/20180731006015/en/
Crypto Whales Are Loading Up — Are You?
New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.