B&G Foods is probably best avoided by conservative dividend investors. Given the high yield, this might be difficult. However, the dividend’s safety and the company’s debt-heavy and aggressive business approach are significant concerns. Finally, B&G Foods is best suited to more aggressive investors. Even so, considering the enormous stock increase of the previous year, some extra care may be warranted.
Is BGS a good stock to buy?
BGS’s financial health and growth prospects show that it has the ability to outperform the market. It has a B Growth Score right now. With a Momentum Score of D, recent price swings and earnings estimate revisions show that this is not a promising stock for momentum investors.
How do you know if dividends are safe?
The dividend is more secure if the ratio is smaller. A ratio of more than 50% is usually regarded as a red flag. Based on the company’s cash flow, a measure of how safe the dividend is. The greater the number, the better; a minimum of 1.2 indicates 120 percent coverage.
Is B and G Foods a buy?
B&G Foods (BGS) is a stock that a lot of investors are keeping an eye on right now. BGS has a Zacks Rank of #2 (Buy) and a Value grade of A right now. At the moment, the stock has a P/E ratio of 11.40. In comparison, the average P/E in its industry is 19.16. The Forward P/E of BGS has ranged from 15.07 to 7.03 in the last year, with a median of 12.
The P/S ratio is also commonly used by value investors. Divide the price of a stock by the company’s revenue to get this measure. Because sales are more difficult to falsify on an income statement, they are frequently regarded as a superior performance measure. The P/S ratio of BGS is 0.93. In comparison, the average P/S in the industry is 1.43.
Finally, investors should be aware that BGS has an 8.55 P/CF ratio. This indicator considers a company’s operating cash flow and can be used to identify inexpensive firms with a strong cash forecast. When compared to the industry average P/CF of 15.18, BGS’ current P/CF appears to be attractive. The P/CF of BGS has ranged from 10.53 to 4.96 in the last year, with a median of 8.62.
These are just a few of the factors that go into B&G Foods’ outstanding Value rating. Nonetheless, they contribute to the conclusion that the stock is now cheap. When you combine this with the quality of its earnings projection, it’s evident that BGS is a great value investment right now.
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Is B&G Foods a dividend aristocrat?
This is why a number of well-known food blue chips make the list of dividend aristocrats and dividend kings, respectively, with 25+ and 50+ years of consecutive annual dividend growth. B&G Foods (BGS) has one of the highest dividend yields among food stocks, at 4.6 percent.
What month does BGS pay dividends?
On September 29, 2021, &G Foods, Inc. (BGS) will begin trading ex-dividend. On November 1, 2021, the company will issue a cash dividend of $0.475 per share. BGS shareholders who bought the stock before the ex-dividend date are eligible for the cash dividend. This is the 14th consecutive quarter in which BGS has paid the same dividend. The dividend yield is 6.17 percent at the current stock price of $30.79.
What is a good dividend per share?
In the stock market, a dividend yield ratio of 2 percent to 6% is generally regarded good. A greater dividend yield ratio is considered positive because it indicates the company’s excellent financial position. Furthermore, dividend yield varies by industry, as several industries, such as health care, real estate, utilities, and telecommunications, have dividend yield standards. Some industrial and consumer discretionary sectors, on the other hand, are projected to maintain lower dividend yields.
