Monday, March 14, 2016

Buy: BGS Food Inc.



On March 14, 2015, I bought 32 shares of BGS Food Inc at 34.56 per share. This adds $53.76 to my forward dividend income. 

I spoke to my mentor yesterday on the importance of DCF, forward P/E, and TTM P/E. Based on my calculation BGS is trading at fair value. I'll write another post on this. 

I am now at 2408.18 + FCISX + SCHD distribution. 

4 comments:

  1. Broke DI,

    I think you grabbed the company at a solid ask. You also get the benefit of the fair dividend payout that it yields. You might want to turn your eye towards railroads right now too if you want a deal - lots of discounts in that space currently!

    -Dividend Reaper

    ReplyDelete
    Replies
    1. hey DR. thanks for the heads up. I'm so busy these day I can barely pay attention to the entire market. I'll take a look 2 weeks from now on my next paycheck. hopefully the market goes down! Thanks for visiting

      Delete
  2. Wow they had a great portfolio of name brands. It's like a mini General Mills.

    ReplyDelete
    Replies
    1. hey captain. That's my thoughts as well. This is an up and coming dividend cash cow. At this point they are a bit risky but their cash flow is growing aggressively and a near 5% yield is enough to keep me interested. thanks for visiting

      Delete