B&G Foods announces 9.5% increase in quarterly dividend to US$0.23, payable on Jan. 30

Nevin Barich

Nevin Barich

Oct 19, 2011 – Associated Press

PARSIPPANY, New Jersey , October 19, 2011 () – B&G Foods Inc. announced Wednesday that it is increasing its quarterly dividend 9.5 percent

The food maker, whose brands include Cream of Wheat, Ortega and Don Pepino, will pay a 23-cent dividend on Jan. 30 to shareholders of record as of Dec. 30.

B&G Foods is increasing its dividend from 21 cents, which it has paid for the past three quarters.

B&G, based in Parsippany, N.J., is scheduled to release its third-quarter results Oct. 25.

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