B&G Foods Declares Regular Quarterly Dividend
July 23 2008 - 4:35PM
Business Wire
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 $0.2120 per share of Class A common stock, payable on
October 30, 2008 to holders of record as of September 30, 2008.
Cash payments to holders of the Company�s Enhanced Income
Securities (EISs), which will include the quarterly cash dividend
payment of $0.2120 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 September
30, 2008, will aggregate $0.4265 per EIS. 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.
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