Jenny Harrington, CEO, Gilman Hill Asset ManagementB&G Foods Inc.BGSBUY ON WEAKNESSMay 31, 2024

It's a bunch of warmed-over food brands which doesn't work anymore, despite its dividend.

The only staple she owns. They passed costs onto consumers last year. Can they sustain those prices. Up 40% YTD on this, but down 40% in the past year.

The food group (that includes Campbell's Soups) has come down too far too hard. The dividend is safe and can even grow. Business has been better than expected.

It does not check the technical boxes. The dividend is juicy but when it all comes together the total return has not been very good for you. If it does not work in good markets you should ask tough questions.