PARSIPPANY, N.J.--(BUSINESS WIRE)--
B&G Foods, Inc. (BGS) today explained the tax treatment for dividends paid in 2018 on the Company’s common stock. Holders are urged to check their 2018 tax statements received from brokerage firms in order to ensure that the cash distribution information reported on such statements conforms to the information reported herein.
Additional information concerning the tax treatment of dividends paid in 2018 is posted to the Investors section of B&G Foods’ website, www.bgfoods.com, under the heading “FAQs.” Holders are also urged to consult their own tax advisors to determine their individual tax treatment.
In 2018, B&G Foods distributed $1.8800 per share of common stock (CUSIP # 05508R 10 6). Based on U.S. federal income tax laws, B&G Foods has determined that all of such distributions will be treated as a taxable dividend and no portion will be treated as a return of capital.
The table below summarizes the tax treatment for dividends paid in 2018 on the Company’s common stock:
Total Per Share
2018 Return of
About B&G Foods, Inc.
Based in Parsippany, New Jersey, B&G Foods and its subsidiaries manufacture, sell and distribute high-quality, branded shelf-stable and frozen foods across the United States, Canada and Puerto Rico. With B&G Foods’ diverse portfolio of more than 50 brands you know and love, including Back to Nature, B&G, B&M, Cream of Wheat, Green Giant, Las Palmas, Le Sueur, Mama Mary’s, Maple Grove Farms, Mrs. Dash, New York Style, Ortega, Polaner, SnackWell’s, Spice Islands and Victoria, there’s a little something for everyone. For more information about B&G Foods and its brands, please visit www.bgfoods.com.