B&G Foods Makes Changes to Payouts to Reflect Current Market Conditions
Portfolio Pulse from Benzinga Insights
B&G Foods (NYSE:BGS) is set to pay a dividend of $0.19 per share on October 30, 2023, with an annualized dividend yield of 5.73%. The company's dividend yield is mid-range compared to its industry peers, with Cal-Maine Foods (NASDAQ:CALM) having the highest annualized dividend yield at 9.46%. However, B&G Foods has seen a decrease in dividend per share and earnings per share from 2019 to 2022, which could indicate a challenging financial situation.
October 30, 2023 | 3:05 pm
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B&G Foods has announced a dividend payout of $0.19 per share. However, the company has seen a decrease in both dividend per share and earnings per share from 2019 to 2022, which could indicate financial challenges.
The decrease in dividend per share and earnings per share from 2019 to 2022 could indicate a challenging financial situation for B&G Foods, which could negatively impact the company's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
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Cal-Maine Foods has the highest annualized dividend yield in its industry at 9.46%.
While Cal-Maine Foods is mentioned in the article, the news does not provide any specific information that would likely impact the company's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 60
RELEVANCE 50