E Daily Stock Pick: B&G Foods

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

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Disclaimer: This article is for informational and educational purposes only and should not be construed to constitute investment advice. Nothing contained herein shall constitute a solicitation, ...

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