GIS - B&G Foods Is Down 60% From Its High. Time to Buy?
B&G Foods (NYSE: BGS) is not your typical food company, and conservative investors should probably look at more mainstream fare like General Mills (NYSE: GIS) or Kraft Heinz (NASDAQ: KHC) . More aggressive types, however, might find B&G Foods' opportunistic approach to acquisitions pretty attractive. Make sure you know what you own before you buy this high-yield stock. Here's a closer look.
General Mills is offering investors a dividend yield of 2.6%. Kraft Heinz's yield is 3.7%. B&G Foods' yield is around 5.5%. That's pretty attractively relative to other food makers and to the S&P 500 Index , where an index-linked ETF will only net you a yield of roughly 1.6%.
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B&G Foods Is Down 60% From Its High. Time to Buy?