B&G Foods Inc is known by the trading ticker symbol, BGS. It is included in the Consumer Defensive sector as a Packaged Foods company. This is my second report for my Volio Portfolio on BGS. I last discussed BGS on May 24th.

B&G Foods Inc is an American 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 also sells, markets, and distributes household products under the Static Guard brand. 

It sells and distributes its products directly, as well as through a network of independent brokers and distributors to supermarket chains, foodservice outlets, mass merchants, warehouse clubs, non-food outlets, and specialty distributors. 

Source: Unsplash 

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 1822 and is headquartered in Parsippany, New Jersey.

Three key data points gauge dividend equities or funds like 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 Inc's price per share was $29.60 as of yesterday's market close. One year ago its price was $27.09. So BGS price has gone up about 9.3% in the past year. 

If B&G Foods's stock trades in the range of $25 to $35 this next year, its recent $29.60 price might rise by $1.40 to reach $31.00 by July 29, 2022. My estimate is $0.37 over the average annual stock price increase over the past ten years. 

BGS Dividends

B&G Foods Inc's most recent regular quarterly dividend payout of  $0.475 was paid July 30, 2021, and projects an annual payout of $1.90 per share to yield 6.42% based on yesterday's $29.60 closing price. BGS has paid quarterly dividends increasing annually for 14 years.

BGS Returns

Adding the $1.90 annual BGS forward-looking dividend to my $1.40 price upside estimate shows a $3.30 potential gross gain, per share, to be reduced by any costs to trade B&G Foods shares.  

At yesterday's $29.60 price per share, a little over $1000 would buy 34 shares.

A $10 broker fee (if charged) would be paid half at purchase and half at a sale and might cost us about $0.29 per share.

Subtract that maybe $0.29 brokerage cost from my estimated $3.30 gross gain per share results in a net gain of $3.01 X 34 shares = $105.40 for a 10.5% net gain on a $1,006.40 investment.

So it is that B&G Foods Inc shows a possible 10.5% net gain including a 6.42% forward estimated dividend yield. 

Over the next year at this time, a $1000 investment in B&G Foods Inc. could generate $64.20 in cash dividends alone. And a single share bought at yesterday's closing price was $29.60! Thus, BGS's share price is now slightly less than half the dividend income from $1K invested. So, according to the dividend dogcatcher ideal, this is a good time to pick up B&G Foods shares because the dividend from $1k invested exceeds the single share price by over two times. 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 true worth.