How Safe Is B&G Foods and Its Dividend?
B&G Foods (NYSE: BGS) has staked out a unique position in the food industry. That includes passing on a large percentage of its earnings to shareholders in the form of dividends. But is this high-yielding food maker worth the risk for investors? Here are some things to think about when trying to decide whether this is a safe investment or not.
B&G Foods' core business is to buy unloved brands from larger companies and smaller brands that need extra heft to compete with the industry big boys. The company essentially gives the brands it acquires the marketing, distribution, and product development love they were lacking to help them succeed. It has, on the whole, done a pretty good job executing this model.
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Source Fool.com
