B&G Foods, Inc. (BGS) to Distribute Quarterly Dividend of $0.10 on January 26th

B&G Foods, Inc. (NYSE:BGS) announced a quarterly dividend on Wednesday, October 28th. Stockholders of record on Thursday, December 31st will be given a dividend of $0.0950 per share on Tuesday, January 26th. This represents a $0.38 dividend on an annualized basis and a dividend yield of 16.7%. The ex-dividend date is Thursday, December 31st.

B&G Foods has decreased its dividend payment by an average of 0.2% annually over the last three years. B&G Foods has a payout ratio of 63.3% meaning its dividend is sufficiently covered by earnings. Research analysts expect B&G Foods to earn $0.58 per share next year, which means the company should continue to be able to cover its $0.38 annual dividend with an expected future payout ratio of 65.5%.

B&G Foods Stock Performance

B&G Foods stock opened at $2.27 on Friday. The business has a 50 day moving average of $2.87 and a 200-day moving average of $4.10. B&G Foods has a 1 year low of $1.99 and a 1 year high of $6.38. The company has a debt-to-equity ratio of 5.08, a current ratio of 1.62 and a quick ratio of 1.09. The company has a market capitalization of $184.67 million, a P/E ratio of 3.61 and a beta of 0.52.

B&G Foods (NYSE:BGS) last issued its quarterly earnings data on Tuesday, August 11th. The company reported $0.06 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $0.06. B&G Foods had a positive return on equity of 10.74% and a negative net margin of 4.00%. The company had revenue of $383.27 million during the quarter, compared to the consensus estimate of $394.92 million. During the same period last year, the company earned $0.04 earnings per share. The firm’s revenue was down 9.7% compared to the same quarter last year. B&G Foods has set its FY 2026 guidance at 0.575-0.675 EPS. On average, equities research analysts predict that B&G Foods will post 0.57 earnings per share for the current year.

B&G Foods Company Profile

B&G Foods, Inc is a branded food company headquartered in Parsippany, New Jersey. The company manufactures, sells and distributes a portfolio of shelf-stable, frozen and specialty food products through grocery stores, mass merchandisers, club stores, foodservice distributors and e-commerce channels.

Its products include vegetables, beans, pickles, condiments, sauces, spices, seasonings, baking products, hot cereals, snacks and frozen foods. B&G Foods’ brand portfolio has included Ortega Mexican foods, Cream of Wheat, Mrs.