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Article: B&G Foods Declares Regular Quarterly Dividend.
- Article from:
- Business Wire
- Article date:
- October 14, 2009
CopyrightCOPYRIGHT 2009 Business Wire. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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PARSIPPANY, N.J. -- B&G Foods, Inc. (NYSE: BGS, BGF), a manufacturer and distributor of high quality, shelf-stable foods, announced today that its Board of Directors has declared a regular quarterly cash dividend of $0.17 per share of Class A common stock. The dividend will be payable on February 1, 2010 to shareholders of record as of December 31, 2009. At the closing market price of the Class A common stock on October 13, 2009, the current dividend represents an annualized yield of 8.6%.
"This is the twenty-first consecutive quarterly dividend declared by B&G Foods' Board of Directors since our initial public offering in October 2004. By using the net proceeds ...