B&G Foods sets quarterly dividend at $0.19 per share

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B&G Foods sets quarterly dividend at $0.19 per share
Credit: © Reuters.

PARSIPPANY, N.J. - B&G Foods, Inc. (NYSE: NYSE: BGS ), a manufacturer and distributor of branded shelf-stable and frozen foods, has declared a regular quarterly cash dividend of $0.19 per share. The dividend is scheduled for disbursement on April 30, 2024, to shareholders on record as of March 28, 2024.

The announcement, made today, marks the company's 78th consecutive quarterly dividend since its initial public offering in October 2004. At the closing market price on the day of the announcement, the dividend represents an annualized yield of 8.1%.

B&G Foods has a diverse portfolio of over 50 familiar brands, including Green Giant, Cream of Wheat , and Ortega. The company serves markets across the United States, Canada, and Puerto Rico.

This dividend declaration is a continuation of B&G Foods' practice of providing returns to its investors and reflects the company's performance and strategy. The information is based on a press release statement from B&G Foods.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

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