Based in Parsippany, New Jersey, B&G and its subsidiaries manufacture, sell, and distribute a diversified portfolio of high-quality, shelf-stable foods across the U.S., Canada, and Puerto Rico, including such recognizable brands as Baker’s Joy, Cream of Wheat, Sugar Twin, Static Guard, and Green Giant.
Income Investor
The company is going through a difficult period. The stock is trading at levels not seen since the start of the pandemic, and the company cut its dividend by 60% at the end of last year. The stock now pays $0.19 a quarter ($0.76 a year) to yield 6.9%. - Gordon Pape
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Interactive Performance Chart
BGS was first recommended here on April 30, 2014