Is This Dividend’s Safety Due for a Giant Upgrade?

By Kristin Orman You may have never heard of B&G Foods (NYSE: BGS), but there’s a good chance you’ve got some of the company’s products in your kitchen right now.
B&G Foods produces name-brand food products, such as Green Giant frozen vegetables, Mrs. Dash spices, Ortega tortillas and taco shells, SnackWell’s cookies, and many more snacks sold in grocery stores across the country.
The company buys struggling food brands and revamps them so that their sales resume growth.
Today it sports a hefty 11.67% dividend yield.
So will this double-digit yield have investors echoing the Green Giant’s signature “Ho, ho, ho”? Or will they say “No, no, …read more

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