Average dividend is 4.58 cents. BGA's most recent final dividend payment was made to shareholders of record on Wednesday, October 7. The Centre was built in 1993 and is a faithful reproduction of the original ‘creamery’ building constructed in 1899. Established in 1899, the Company has earned a reputation as a key player in the dairy industry on a global scale, supplying natural and processed cheese into the retail and food service markets both in Australia and overseas. Staff were friendly. Our collection has been built from donations or purchasing collections from local farms. View today’s BGA share price, options, bonds, hybrids and warrants. The Heritage Centre offers visitors the chance to try our world famous cheese and to learn about the history of dairying and Bega Cheese in the Bega Valley. The interior of the shop is rustic and has lots of souvenirs for sale as well as a visitor information centre and upstairs is a mini museum of the history of the Bega Cheese Factory and a little craft shop that is run by volunteers and products are made by locals. The area rapidly became an important source of food for the fledgling colonies at Botany Bay and Van Diemans Land (Tasmania). Settle in on the banks of the Bega River, Kisses Lagoon or Glebe Park, there are picnic tables under the shade of she oaks, poplars and weeping willows. January 2017 – acquired the Australian meals business from multinational food conglomerate. This page was last edited on 2 December 2020, at 10:35. Two years later, in 1882, the Municipality of Bega was created. Bega Cheese Heritage Centre, Bega: See 373 reviews, articles, and 183 photos of Bega Cheese Heritage Centre, ranked No.2 on Tripadvisor among 14 attractions in Bega. h�bbd```b``��+@$�N�q��&��u5�d9fǀ�f`RL*�I �iW@$�2������{@l�(0y,� "�'��[8���n`` �?#�� �e Bega specialises in the supply of cheddar cheese and processed cheddar cheese into the retail and food service markets both in Australia and internationally. Trading in Bega Cheese shares were suspended on Monday ahead of what is expected to be a massive capital raising to fund the purchase of dairy brands being sold by Japanese brewer, Kirin. 1850s – dairying started in the Bega Valley. March 2009 – acquired the cheese manufacturing facility of Kraft Foods at Strathmerton in Victoria. View announcements, advanced pricing charts, trading status, fundamentals, dividend information, peer … S���m-\l�-W��#U����Xq)?��'�fd`������1�}�y,�� ��)V ��� � ��0� July 2018 – purchase of Koroit milk drying and butter processing facility in Western Victoria from Saputo. It is currently one of the largest companies in the dairy sector in Australia, with a FY2018 base milk supply of approxi… Good selection of Maximum dividend is 5.5 cents while minimum dividend is 3 cents. Scones were light and fluffy, milkshake was thick and creamy and coffee was great. It is currently one of the largest dairy producers in Australia with a value of around A$1.0 billion. Weakness are the areas where Bega Cheese Limited can improve upon. endstream endobj 256 0 obj <. Its products include natural cheese, processed cheese, powders and butter, packages cheese, cream cheese, powders and nutritionals. … Bega is now well known for its cheese. [1][4][5], Their other major business segments include bulk "core dairy ingredients" such as cheese, cream cheese and powdered milk (making up approximately 35% of their revenue) and "nutritional products" produced under the Bega Bionutrients brand (such as lactoferrin and milk protein concentrate),[6] which make up around 9% of their revenue. Of course, the future is what really matters. In July 2017, Bega expanded its portfolio to include some of Australia’s most loved brands and products: Vegemite, ZoOSh and of course, Bega Peanut Butter. Based on our analysis, from 2010, Bega Cheese Limited pays dividend 18 times. We believe using more recent dividend history can provide better dividend analysis for a company. Find out more at Intelligent Investor Bega is now well known for its cheese that is manufactured by the Bega Co-operative Society, one of the larger Australian cheese companies. 0 Bega Cheese executive chairman Barry Irvin says the positive reaction to his company's latest venture is a true added bonus to a home-grown success story. ‘Bega Cheese’ is exported around the world and distributed across Australia and is available in most supermarkets and general stores. The agreement was going well until Bega Cheese announced in 2017 that it would buy a suite of Kraft products from Mondelez international, which it started replacing with the Bega brand. It's therefore worth looking at Bega Cheese's earnings history, below. Colonisation and white settlement of the Shire occurred in the early nineteenth century and was originally focussed on the Twofold Bay (Eden) and Bega areas. 277 0 obj <>/Filter/FlateDecode/ID[<7EF25E0FD769A84A9A070787D6FBC739>]/Index[255 45]/Info 254 0 R/Length 109/Prev 155238/Root 256 0 R/Size 300/Type/XRef/W[1 3 1]>>stream March 2014 – commissioned a life stage nutritional canning and blending plant in Derrimut, Victoria. Bega Cheese Limited (BGA.AX) pays out 101.01% of its earnings out as a dividend. %PDF-1.5 %���� The cafe serves light lunches, cakes, coffee, fudge and ice cream and is the most popular destination for visitors. h�b```���b�@��(���1�9&�hv _A�x����@IZ�AGNv��5�+:�Wk�� �1pt@�DGkD��bP77��(�b ��!���Ռ+װ����p0?b>�|�� Founded as an agricultural cooperative in the town of Bega, New South Wales by their dairy suppliers, it became a public company in 2011 when it listed on the Australian Securities Exchange. Total dividend is 82.5 cents. Bega Cheese's original factory was opened in Bega in 1900. 255 0 obj <> endobj These include the King Island range of premium cheeses. Bega Cheese is an Australian diversified food company with manufacturing sites in New South Wales, Queensland and Victoria. Bega Cheese Limited engages in receiving, processing, manufacturing, and distributing dairy and other food-related products in Australia. The company operates in two segments, Branded and Bulk. In 1997 Bega Cheese built a cheese processing and packaging facility at Ridge Street, Bega, value adding cheese for both the Australian and International market. Bega Cheese Limited (BGA) is engaged in the processing, manufacturing and distribution of dairy and associated products to both Australian and international markets. Following the listing, Bega Cheese acquired the final 30% of Tatura Milk, which then became a wholly owned subsidiary of Bega Cheese. [3] Bega Cheese's other major consumer and foodservice packaged goods brands are "Vegemite", "Farmers Table", "Zoosh", "Picky Picky", "Tatura" and "Dairymont". Bega Cheese Limited (BGA) Dividends. The Bega Dairy Cooperative Limited was set up in the late 1890s. The original site at Lagoon Street still operates today producing cheddar and mozzarella cheese and whey powders. At the Centre you can sample and purchase a selection of Bega Cheese. Devonshire tea was delicious. Bega Cheese Ltd. North Bega, 23-45 Ridge St Bega NSW 2550 P: +612.64917777 F: +612.64917700 endstream endobj startxref [2] The "Bega" branded Australia retail and foodservice cheese products are distributed by Fonterra under a long-term agreement. 299 0 obj <>stream Bega Cheese was originally founded as a dairy cooperative in 1899. Bega Cheese Heritage Centre: Enjoying history - See 372 traveller reviews, 183 candid photos, and great deals for Bega, Australia, at Tripadvisor. Peter Findlay is Chief Financial Officer at Bega Cheese's Ltd. See Peter Findlay's compensation, career history, education, & memberships. Really enjoyed looking around the cheese history museum (free entry). Bega is a public listed company, owned by multiple shareholders. Read detailed company information including dividend distribution, dividend amount and payment history. 1899 – the Bega Co-operative Creamery Company was established by local farmers. February 2017 – sale of infant formula canning plant in Derrimut, Victoria and one spray milk powder dryer in Tatura, Victoria to US pediatric nutrition company Mead Johnson. %%EOF "Bega Cheese goes from sleepy dairy co-op to $1b business", "Our story – Bega Bionutrients | Lactoferrin Supplier", "Bega Cheese helps put dinner on the table", "Bega beats US food giant Kraft in peanut butter packaging battle", https://campaignbrief.com/bega-launches-the-purple-hive-project-to-protect-australian-bees-via-thinkerbell/, https://www.abc.net.au/news/rural/2020-11-26/bega-cheese-to-buy-lion-dairy-from-japanese-kirin/12910480, https://en.wikipedia.org/w/index.php?title=Bega_Cheese&oldid=991893983, Food and drink companies established in 1899, Companies listed on the Australian Securities Exchange, Use Australian English from November 2017, All Wikipedia articles written in Australian English, Creative Commons Attribution-ShareAlike License. As food companies and manufacturers enter into Industry Revolution 4.0, a new wave of demands in technological advancements are becoming commonplace as production lines are increasingly optimized. 1960 – commissioned manufacturing facility for processing and packaging raw milk at Fyshwick, ACT, 1997 – cheese processing and packaging facility was built at Ridge Street, Bega, 1997 – joint venture established (now known as. February 2019 – closure of the Coburg cheese manufacturing facility. Bega Cheese is an Australian diversified food company with manufacturing sites in New South Wales, Queensland and Victoria. [2] The cheese products are exported to 40 countries around the world and distributed across Australia where they are available in most supermarkets and general stores. Bega Cheese has bought Lion Dairy and Drinks in a $534 million deal that will see it become the new owner of brands such as Farmers Union, Yoplait … Founded as an agricultural cooperative in the town of Bega, New South Wales by their dairy suppliers, it became a public company in 2011 when it listed on the Australian Securities Exchange. However, it also sells other products under the same brand name. Bega Cheese is manufactured by The Bega Co-operative Society Limited which is one of the larger Australian cheese companies. Close to half of shares publicly traded are still held by Bega's farmer-suppliers. View the latest Bega Cheese Ltd. (BGA) stock price, news, historical charts, analyst ratings and financial information from WSJ. Bega Cheese is a leading Australian dairy and food company producing cheese, infant formula, nutritional powders, Vegemite, peanut butter and salad dressings. Its products include natural cheese, processed cheese, powders and butter, packages cheese, cream cheese, powders and … Listed in ASX Top 200 Companies, Bega Cheese has been making history since its establishment in 1899. The display of early pieces of dairy memorabilia give a glimpse into the way the dairy industry not only established itself as a major industry in the area but also a way of life then and now for so many of our residents. Investors should note that institutions actually own more than half the company, so they can collectively wield significant power. Bega Cheese Limited (BGA.AX) pays an annual dividend of A$0.10 per share, with a dividend yield of ∞. In 2020, the company raised significant funds to purchase Kirin's suite of dairy products, including Dairy Farmers and Pura milk. ASX:BGA Income Statement May 2nd 2020. Just under a third of Bega Cheese's revenue (as of 2019) was from exports. Key Personnel We outline the Bega Cheese Limited’s key personnel by position type and title. Bega Cheese is Australia’s number one cheese manufacturing brand. Bega Cheese Limited has a long and uniquely Australian history that all started with humble beginnings in dairy. Craft shop full to the brim of locally made crafts and souvenirs. Strategy is about making choices and weakness are the areas where a firm can improve using SWOT analysis and build on its competitive advantage and strategic positioning. April 2007 – acquired a 70% shareholding in Tatura Milk Industries Limited (Tatura Milk). In the late 1890s the Bega Dairy Co-operative Limited was established. [2], In September 2017, It was announced that Bega Cheese would be the sponsor for Mumbulla Foundation 2017 gala dinner. Weakness of Bega Cheese Limited – Internal Strategic Factors . For instance, Bega Cheese is renowned for its cheese and cheese products. December 2017 – acquisition of Peanut Company of Australia in Kingaroy, Queensland. 2001 2001 In April 2001, the marketing function in Australia for the Bega brand was franchised to Bonland Dairies Ltd. a joint venture between Bonlac and the New Zealand Dairy Board. August 2011 – listed on the Australia Securities Exchange (ASX). Bega Cheese Limited (BGA) is engaged in the processing, manufacturing and distribution of dairy and associated products to both Australian and international markets. In Autumn the spectacular show of colour makes you want to kick up your heels in the leaves. The museum showcases the history of dairying in the Bega Valley since the early 1900’s. Close to half of shares publicly traded are still held by Bega's farmer-suppliers. It is currently one of the largest dairy producers in Australia with a value of around A$1.0 billion. [1] It is currently one of the largest companies in the dairy sector in Australia, with a FY2018 base milk supply of approximately 750 million litres. [7], In 2019 the company won a legal dispute with Kraft Heinz over the packaging of their peanut butter.[8]. October 2008 – purchased the assets and operations of De Cicco Industries in the Melbourne suburb of. A high-level overview of Bega Cheese Limited’s registered business details, a company synopsis, history and background, as well as Bega Cheese Limited’s main brands and products. 1900 – Bega Cheese's original factory was opened. The Branded segment manufactures bulk ingredients into value added consumer products for … [2], Over half of Bega Cheese's revenue (as of 2019) comes from their spreads, dairy consumer packaged goods and other grocery products, with their flagship "Bega" brand holding 15.7% of the Australian retail cheese market. Bega Cheese celebrated one hundred years as a dairy co-operative, 1899 to 1999. 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