Maple Grove Farms of Vermont parent, B&G Foods, declares quarterly dividend

B&G Foods, Inc. (BGS 10.70, +0.01, +0.09%) 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 July 30, 2010 to shareholders of record as of June 30, 2010. At the closing market price of the Class A common stock on May 18, 2010, the current dividend represents an annualized yield of 6.4%. This is the twenty-third consecutive quarterly dividend declared by the Board of Directors since B&G Foods' initial public offering in October 2004.
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-son, Trappey's, Underwood, Vermont Maid and Wright's.
SOURCE: B&G Foods, Inc. PARSIPPANY, N.J., May 18, 2010 (BUSINESS WIRE) --