BGF B&G Foods

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 quarterly cash dividend of $0.17 per share of Class A common stock, payable on April 30, 2009 to holders of record as of March 31, 2009.

Cash payments to holders of the Company�s Enhanced Income Securities (EISs), which will include the quarterly cash dividend payment of $0.17 per share on the underlying Class A common stock and an interest payment of $0.2145 per EIS on the underlying 12%�senior subordinated notes to holders of record as of March 31, 2009, will aggregate $0.3845 per EIS.

David L. Wenner, President and Chief Executive Officer of B&G Foods, stated, �By declaring an 18th consecutive quarterly dividend, our Board of Directors has expressed its continuing confidence in the financial health of B&G Foods and in its on-going ability to generate the cash flow necessary to continue paying a generous dividend to our stockholders.�

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 Ac�cent, B&G, B&M, Brer Rabbit, Cream of Rice, Cream of Wheat, Emeril�s, Grandma�s Molasses, Joan of Arc, Las Palmas, Maple Grove Farms of Vermont, Ortega, Polaner, Red Devil, Regina, Sa-s�n, Trappey�s, Underwood, Vermont�Maid and Wright�s.

Forward-Looking Statements

Statements in this press release that are not statements of historical or current fact constitute �forward-looking statements.� The forward-looking statements contained in this press release include without limitation statements related to the Company�s ability to generate sufficient cash flow to continuing paying dividends. Such forward-looking statements involve known and unknown risks, uncertainties and other unknown factors that could cause the actual results of B&G Foods to be materially different from the historical results or from any future results expressed or implied by such forward-looking statements. In addition to statements that explicitly describe such risks and uncertainties readers are urged to consider statements labeled with the terms �believes,� �belief,� �expects,� �intends,� �anticipates� or �plans� to be uncertain and forward-looking. The forward-looking statements contained herein are also subject generally to other risks and uncertainties that are described from time to time in B&G Foods� filings with the Securities and Exchange Commission, including under Item 1A, �Risk Factors� in our Annual Report on Form 10-K for fiscal 2007 filed on March 6, 2008. We undertake no obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future events or otherwise.

B&G Foods (NYSE:BGF)
Gráfica de Acción Histórica
De May 2024 a Jun 2024

B&G Foods (NYSE:BGF)
Gráfica de Acción Histórica
De Jun 2023 a Jun 2024