B&G Foods Inc bears the ticker symbol BGS, and this is my first mention of BGS for my new Viking Portfolio, but I have selected BGS for a couple of my previous seven Dog of The Week Portfolios, most recently this past July.

B&G Foods Inc is a New Jersey packaged-food manufacturer. The company sells its products in 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 was founded in 1822 and is headquartered in Parsippany, New Jersey.

Three key data points gauge B&G Foods Inc:

(1) Price (2) Dividends (3) Returns.

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

BGS Price

B&G Foods’ price per share was $12.99 at Friday’s market close. However, in the past year, B&G’s share price fell $17.18 or nearly 57%.

If B&G’s stock trades in the range of $10.00 to $30.00 this next year, its recent $12.99 share price might reach $14.00 by next year. My upside increase estimate of $1.01 is $0.06 above the median of eight analysts one year price target estimates.

BGS Dividends

B&G’s most recently declared quarterly dividend of $0.19 per share, equals  $0.76 annually and casts an annual yield of 5.85%.

BGS Returns

Adding the $0.76 annual BGS dividend to my one-year price upside estimate of $1.01 reveals a $1.77 potential gross gain per share.

At Friday’s $12.99 closing price, a little over $1000 would buy 77 shares.

A $10 broker fee (if charged), paid half at purchase and half at sale, might cost us about $0.13 per share.

Subtract that maybe $0.13 brokerage cost from my estimated $1.77 gross gain per share results in a net gain of $1.64 X 77 shares = $126.28 for a 12.6% net gain including a 5.65% annual dividend yield.

In a year our $1K investment in shares of B&G Foods Inc would generate $58.50 in cash dividends. Of course, a single share of B&G stock at Friday's $12.99 price is nearly 4.5 times less than the annual dividend income from our $1000.00 investment.

So, by my dogcatcher ideal, this is a good time to buy B&G Foods Inc’s shares based on their dividends for the coming year 2023. The current dividend from $1K invested is 4.49 times more than BGS’s single share price. Consider yourself alerted.

All of the estimates above are speculation based on the past history of B&G Foods Inc. Only time and money invested in this stock will determine its market value.

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