B&G Foods, Inc. manufactures, sells, and distributes a portfolio of shelf-stable and frozen foods in the United States, Canada, and Puerto Rico. Its products include frozen and canned vegetables, oatmeal and hot cereals, fruit spreads, canned meats and beans, bagel chips, spices, seasonings, hot sauces, wine vinegars, maple syrups, molasses, salad dressings, pizza crusts, Mexican-style sauces, dry soups, taco shells and kits, salsas, pickles, peppers, tomato-based products, puffed corn and rice snacks, cookies and crackers, nut clusters, and other specialty products. The company markets its products under various brands, including Ac'cent, B&G, B&M, Back to Nature, Baker's Joy, Bear Creek Country Kitchens, Brer Rabbit, Canoleo, Cary's, Cream of Rice, Cream of Wheat, Devonsheer, Don Pepino, Durkee, Emeril's, Grandma's Molasses, Green Giant, JJ Flats, Joan of Arc, Las Palmas, Le Sueur, MacDonald's, Mama Mary's, Maple Grove Farms of Vermont, Molly McButter, Mrs. Dash, New York Flatbreads, New York Style, Old London, Ortega, Polaner, Red Devil, Regina, Sa-són, Sclafani, Smart Puffs, SnackWell's, Spice Islands, Spring Tree, Sugar Twin, Tone's, Trappey's, TrueNorth, Underwood, Vermont Maid, Victoria, Weber, and Wright's. It also sells, markets, and distributes household products under the Static Guard brand. B&G Foods, Inc. sells and distributes its products directly, as well as through a network of independent brokers and distributors to supermarket chains, food service outlets, mass merchants, warehouse clubs, non-food outlets, and specialty distributors. The company was formerly known as B&G Foods Holdings Corp. and changed its name to B&G Foods, Inc. in October 2004. B&G Foods, Inc. was founded in 1996 and is headquartered in Parsippany, New Jersey.
B&G Foods, Inc. (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 January 30, 2020 to shareholders of record as of December 31, 2019. At the closing market price of the common stock on October 29, 2019, the current dividend rate represents an annualized yield of 12.1%. This is the 61st consecutive quarterly dividend declared by the Board of Directors since B&G Foods’ initial public offering in October 2004. https://uk.finance.yahoo.com/news/b-g-foods-declares-regular-001300741.html
B&G Foods (BGS) Adds Farmwise to Its Robust Brands Kitty B&G Foods, Inc. BGS is actively pursuing acquisitions to boost growth. In this regard, the company completed the acquisition of Wellesley, MA-based Farmwise LLC. B&G Foods funded the buyout in cash, while other terms of the transaction have been kept under wraps. In sync with rising health consciousness, Farmwise is engaged in manufacturing healthy plant-based food alternatives, which include Veggie Fries, Veggie Rings and Veggie Tots. This is likely to help B&G Foods to augment its natural channel along with its growing Green Giant brand. Speaking of Green Giants, it has emerged as one of the leading brands of the company. B&G Foods has a robust pipeline and product innovations lined up for Green Giant, which was acquired in November 2015. Notably, the company’s plan to introduce 11 frozen innovation products in the Green Giants portfolio is expected to have generated approximately $5-$10 million in incremental net sales in the fourth quarter of 2019. Previously, B&G Foods acquired notable brands such as Back to Nature, Victoria, Mama Mary, Specialty Brands, Rickland Orchardsn, TrueNorth and McCann’s. Additionally, the acquisition of a leading baking products company Clabber Girl, which was completed in May 2019, has been yielding.">B&G Foods, Inc. BGS is actively pursuing acquisitions to boost growth. In this regard, the company completed the acquisition of Wellesley, MA-based Farmwise LLC. B&G Foods funded the buyout in cash, while other terms of the transaction have been kept under wraps. In sync with rising health consciousness, Farmwise is engaged in manufacturing healthy plant-based food alternatives, which include Veggie Fries, Veggie Rings and Veggie Tots. This is likely to help B&G Foods to augment its natural channel along with its growing Green Giant brand. Speaking of Green Giants, it has emerged as one of the leading brands of the company. B&G Foods has a robust pipeline and product innovations lined up for Green Giant, which was acquired in November 2015. Notably, the company’s plan to introduce 11 frozen innovation products in the Green Giants portfolio is expected to have generated approximately $5-$10 million in incremental net sales in the fourth quarter of 2019. Previously, B&G Foods acquired notable brands such as Back to Nature, Victoria, Mama Mary, Specialty Brands, Rickland Orchardsn, TrueNorth and McCann’s. Additionally, the acquisition of a leading baking products company Clabber Girl, which was completed in May 2019, has been yielding. Apart from this, B&G Foods’ pricing initiatives have been aiding. During the third quarter, the company’s net sales gained $5 million from rise in net pricing. We believe that efficient pricing and the ongoing cost-saving efforts are likely to help it counter input cost inflation. https://finance.yahoo.com/news/b-g-foods-bgs-adds-151003180.html
B&G Foods Declares Regular Quarterly Dividend 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 April 30, 2020 to shareholders of record as of March 31, 2020. At the closing market price of the common stock on February 24, 2020, the current dividend rate represents an annualized yield of 14.5%. This is the 62nd consecutive quarterly dividend declared by the Board of Directors since B&G Foods’ initial public offering in October 2004. https://uk.finance.yahoo.com/news/b-g-foods-declares-regular-222300902.html
