PARSIPPANY, N.J.--(BUSINESS WIRE)--B&G Foods, Inc. (NYSE: BGS) announced today that its Board of Directors has declared a regular quarterly cash dividend of $0.19 per share of common stock. The dividend is payable on July 30, 2025 to stockholders of record as of June 30, 2025. At the closing market price of the common stock on May 13, 2025, the current dividend rate represents an annualized yield of 17.7%. This is the 83rd consecutive quarterly dividend declared by the Board of Directors si.
B&G Foods, Inc. faces operational challenges, including high debt and weak performance, but strategic divestitures aim to stabilize costs and improve profitability. The stock is trading at a bargain price, with a very low P/E ratio and below historical averages, presenting a potential buying opportunity. Despite risks from competition, inflation, and currency fluctuations, BGS's increasing cash inflows and stable profitability support its sustainability.
B&G Foods'` fiscal first-quarter results reflect weak volumes and pricing, with a 10.5% sales drop. Management revises its 2025 outlook.
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Packaged Foods Industry | Consumer Defensive Sector | Mr. Kenneth Charles Keller Jr. CEO | XSTU Exchange | US05508R1068 ISIN |
US Country | 2,846 Employees | 30 Jun 2025 Last Dividend | - Last Split | 23 May 2007 IPO Date |