B&G Foods Declares Regular Quarterly Dividend
PARSIPPANY, N.J.--(BUSINESS WIRE)-- B&G Foods, Inc. (BGS) announced today that its Board of Directors has declared a regular quarterly cash dividend of $0.27 per share of common stock. The dividend will be payable on July 30, 2012 to shareholders of record as of June 29, 2012. At the closing market price of the common stock on May 15, 2012, the current dividend represents an annualized yield of 4.7%. This is the 31st 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 Accent, B&G, B&M, Bakers Joy, Brer Rabbit, Cream of Rice, Cream of Wheat, Don Pepino, Emerils, Grandmas Molasses, Joan of Arc, Las Palmas, Maple Grove Farms of Vermont, Molly McButter, Mrs. Dash, Ortega, Polaner, Red Devil, Regina, Sa-són, Sclafani, Sugar Twin, Trappeys, Underwood, Vermont Maid and Wrights. B&G Foods also sells and distributes two branded household products, Static Guard and Kleen Guard.
Don Duffy, 866-211-8151
Matt Lindberg, 203-682-8214
Source: B&G Foods, Inc.Copyright Business Wire 2012