B&G Foods Cuts Quarterly Dividend to $0.095 a Share

B&G Foods, Inc. cut its quarterly dividend to $0.095 a share from $0.19 a share, with the stock trading ex-dividend on June 30, 2026. The new annualized payout is $0.38 a share, and the forward annual yield is 0.0955 based on a share price of $3.98.

The reduction represents a -0.5 change in the quarterly payout and leaves B&G Foods with no current streak of consecutive dividend growth years. The company previously cut its dividend in 2023, making the latest action another reset for income investors who follow the packaged-food company primarily for cash distributions.

Company context

B&G Foods is a consumer defensive company whose portfolio includes shelf-stable and frozen food brands. The company has historically grown through acquisitions and owns or licenses a broad collection of brands, including Cream of Wheat, Crisco, Ortega, Green Giant, Spice Islands and others, according to company background summarized by Wikipedia.

The cut comes against a backdrop of balance-sheet activity in recent years. In 2024, B&G Foods disclosed refinancing plans involving its senior secured credit facility, including repayment of a portion of revolving loans, according to a MarketWatch summary of the company’s SEC filing. Later that month, the company priced additional senior secured notes due 2028, with proceeds expected to repay portions of revolving credit loans and tranche B term loans, MarketWatch reported from another SEC filing summary.

Those financing actions do not by themselves explain the dividend decision, and B&G Foods’ dividend figures here are based solely on the locked dividend data. Still, they provide relevant context for a company managing debt obligations while operating in a mature packaged-food category.

What it means for income investors

For income-focused holders, the immediate effect is straightforward: quarterly cash income per share has been reduced to $0.095. The annualized dividend is now $0.38 a share, and the dividend safety score is 52 out of 100, with a C safety grade.

The event also changes the profile of the stock’s dividend history. With consecutive growth years at 0 and a prior cut in 2023, B&G Foods no longer fits the pattern of a dividend-growth holding. Investors tracking payout reliability may treat the new rate as the base level to monitor in future quarters, alongside cash flow, debt reduction and operating performance.