A portfolio of stocks I've been building since September 3, 2019, named Volio, will eventually hold 52 dividend dogs. Volio is the fifth portfolio I've built (at a one dividend dog per-week pace) since 2014. Five portfolios = V for Volio!

Today I'm reviewing the first of five consumer defensive sector stocks poised to join my Volio folio this week. This could be my thirty-eighth pick for Volio!

That consumer defensive sector includes twelve industries all related to providing convenient packaged goods we've just gotta have. Industries like: beverages, brewed, soft, or distilled; confectioners; discount stores; education & training; farm products; food distribution; grocery stores; household & personal products; packaged goods; tobacco.

My subject today is a packaged foods source named, B&G Foods Inc. Its trading ticker symbol is BGS. This is my first report for B&G Foods Inc for this portfolio. BGS was selected but replaced in my Ivy portfolio.

B&G Foods Inc is an American packaged-food manufacturer. The company sells its products in the United States, Canada, and Puerto Rico.

The company's main brands are: Ac'cent, B&G, B&M, Baker's Joy, Bear Creek Country Kitchens, Cary's, Cream of Rice, Cream of Wheat, Devonsheer, Don Pepino, Durkee, Emeril's, Grandma's Molasses, MacDonald's, Mama Mary's, Maple Grove Farms, Regina, Sa-son, Sclafani, Smart Puffs, Spice Islands, Spring Tree, and Wright's.

The company distributes its products through multiple channels to supermarkets, wholesalers, mass merchants, warehouse clubs, and foodservice distributors, among others.

The company was formerly known as B&G Foods Holdings Corp. and changed its name to B&G Foods, Inc. in October 2004.

B&G Foods, Inc. was founded in 1996 and is headquartered in Parsippany, New Jersey.

I use three key data points to gauge dividend equities or funds like B&G Foods Inc:

(1) Price

(2) Dividends

(3) Returns

Besides those three, several other keys will finally unlock an equity or fund in which to invest, or not.

Those three basic keys, however, best tell whether a company has made, is making, and will make money.

BGS Price

B&G's price per share closed at $23.99 Friday. A year ago their price was $22.25. Market price increased $1.74 or just under 8% in the past year.

Assuming B&G's stock trades in the range of $10 to $25 this next year, its recent $23.99 price might rise by $0.51 to reach $24.50 by May 18, 2021.

BGS Dividends

B&G's most recent declared quarterly dividend was $0.475 payable July 30th. That $0.475 Q dividend equates to $1.90 annually and yields 7.92% at Friday's $23.99 share price.

BGS Gains?

Adding the $1.90 annual estimated dividend to my $0.51 optimistic estimate of B7G Foods price upside shows a $2.41 potential gross gain, per share, reduced by any costs to trade those shares.

A little over $1,000.00 invested today in B&G Foods Inc shares at their $23.99 price, buys 42 shares of BGS stock.

A $10 broker fee paid half at purchase and half at sale could cost about $0.24 per share.

Subtract that $0.24  brokerage cost from my estimated $2.41 gross gain per share results in a net gain of $2.17 X 42 shares = $91.14 for a 9.1% net gain on a $1,007.58 investment.

B&G Foods Inc shows a possible 9.1% net gain including a 7.92% dividend yield. It could be more, it could be less.

The above speculation is based on past performance and supposition. Only time and money invested will tell if B&G Foods Inc is worth it.