10 Dividend Stocks Grow Firmer Despite Mixed Market Sentiment

Page 9 of 9

1. B&G Foods, Inc. (NYSE:BGS)

Dividend yield: 11.13%

Dividend payout ratio: 333.33%

Ex-Dividend Date: March 31, 2025

Number of Hedge Funds: 18

B&G Foods, Inc. (NYSE:BGS) experienced a 4.3% rise in its stock value in the last three days. Between February 24, 2025, and February 26, 2025, the company’s value increased from $6.74 to $7.03.

The branded foods holding company based in New Jersey saw its value rise after declaring its regular quarterly dividend. Its Board of Directors declared a regular quarterly cash dividend of $0.19 per share of common stock, on Monday, February 24th. The dividend marks the 82nd consecutive quarterly dividend declared by the company since October 2004. During the fourth quarter of 2024, B&G Foods, Inc. (NYSE:BGS) saw a fall in its net sales, owing to the sale of the Green Giant U.S. shelf-stable product line as well as the fall in unit volume. Even so, there is a slight increase in the company’s adjusted net income. The company anticipates gradual improvement in the second half of 2025, boosting the investor’s outlook for the company.

B&G Foods, Inc. (NYSE:BGS) offers a dividend yield of 11.13%. The dividend payments, however, significantly exceed its earnings, as suggested by the payout ratio of 333.33% and indicating the possibility of debt risk. The Insider Monkey’s Q4 2024 database identifies 18 hedge fund portfolios holding positions in B&G Foods, reflecting notable institutional interest. Investors looking to secure dividend payments on April 2, 2025, must purchase the stock before the ex-dividend date on March 31, 2025.

Overall, B&G Foods, Inc. (NYSE:BGS) ranks first on our list of the best dividend stocks that have grown firmer despite the mixed market sentiment. While we acknowledge the potential for BGS as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than BGS but that trades at less than 5 times its earnings, check out our report about the cheapest AI stock.

READ NEXT: 20 Best AI Stocks To Buy Now and Complete List of 59 AI Companies Under $2 Billion in Market Cap.

Disclosure: None. Insider Monkey focuses on uncovering the best investment ideas of hedge funds and insiders. Please subscribe to our free daily e-newsletter to get the latest investment ideas from hedge funds’ investor letters by entering your email address below.

Page 9 of 9