Anheuser-Busch InBev SA/NV (NYSE:BUD) Announces $0.41 Annual Dividend

Anheuser-Busch InBev SA/NV (NYSE:BUD – Get Rating) declared an annual dividend on Tuesday, April 12th, NASDAQ reports. Investors of record on Wednesday, May 4th will be given a dividend of 0.407 per share by the consumer goods maker on Thursday, June 2nd. This represents a dividend yield of 0.7%. The ex-dividend date of this dividend is Tuesday, May 3rd.

Anheuser-Busch InBev SA/NV has a dividend payout ratio of 33.1% indicating that its dividend is sufficiently covered by earnings. Equities research analysts expect Anheuser-Busch InBev SA/NV to earn $3.54 per share next year, which means the company should continue to be able to cover its $1.20 annual dividend with an expected future payout ratio of 33.9%.

NYSE:BUD opened at $57.45 on Friday. Anheuser-Busch InBev SA/NV has a 1-year low of $52.65 and a 1-year high of $79.67. The company has a current ratio of 0.70, a quick ratio of 0.54 and a debt-to-equity ratio of 1.10. The firm has a fifty day simple moving average of $59.24 and a 200 day simple moving average of $60.16. The stock has a market capitalization of $113.75 billion, a PE ratio of 24.66, a P/E/G ratio of 1.59 and a beta of 1.46.

Anheuser-Busch InBev SA/NV (NYSE:BUD – Get Rating) last released its earnings results on Thursday, February 24th. The consumer goods maker reported $0.90 earnings per share for the quarter, beating the consensus estimate of $0.77 by $0.13. Anheuser-Busch InBev SA/NV had a net margin of 8.60% and a return on equity of 14.40%. The business had revenue of $14.20 billion during the quarter, compared to analysts’ expectations of $13.67 billion. During the same period last year, the business earned $0.81 earnings per share. The firm’s revenue was up 11.2% on a year-over-year basis. On average, equities analysts predict that Anheuser-Busch InBev SA/NV will post 3.19 earnings per share for the current fiscal year.

Several equities analysts recently weighed in on the stock. StockNews.com assumed coverage on shares of Anheuser-Busch InBev SA/NV in a research note on Thursday, March 31st. They issued a “hold” rating for the company. Royal Bank of Canada lifted their price objective on shares of Anheuser-Busch InBev SA/NV from €60.00 ($64.52) to €65.00 ($69.89) and gave the stock an “outperform” rating in a research report on Monday, April 4th. Barclays reduced their price objective on shares of Anheuser-Busch InBev SA/NV from €83.00 ($89.25) to €72.00 ($77.42) in a research report on Thursday, April 21st. Finally, Deutsche Bank Aktiengesellschaft lifted their price objective on shares of Anheuser-Busch InBev SA/NV from €70.00 ($75.27) to €75.00 ($80.65) and gave the stock a “buy” rating in a research report on Tuesday, April 12th. One investment analyst has rated the stock with a sell rating, seven have assigned a hold rating and six have given a buy rating to the stock. According to MarketBeat, Anheuser-Busch InBev SA/NV presently has a consensus rating of “Hold” and an average target price of $70.67.

Institutional investors have recently made changes to their positions in the company. Richwood Investment Advisors LLC bought a new stake in shares of Anheuser-Busch InBev SA/NV in the fourth quarter valued at about $32,000. EverSource Wealth Advisors LLC acquired a new position in Anheuser-Busch InBev SA/NV in the fourth quarter valued at about $42,000. Penserra Capital Management LLC acquired a new position in Anheuser-Busch InBev SA/NV in the fourth quarter valued at about $78,000. Toroso Investments LLC acquired a new position in Anheuser-Busch InBev SA/NV in the fourth quarter valued at about $206,000. Finally, Visionary Wealth Advisors raised its stake in Anheuser-Busch InBev SA/NV by 4.4% in the fourth quarter. Visionary Wealth Advisors now owns 4,460 shares of the consumer goods maker’s stock valued at $270,000 after purchasing an additional 186 shares in the last quarter.

Anheuser-Busch InBev SA/NV Company Profile (Get Rating)

Anheuser-Busch InBev SA/NV engages in the production, distribution, and sale of beer, alcoholic beverages, and soft drinks worldwide. It offers a portfolio of approximately 500 beer brands, which primarily include Budweiser, Corona, and Stella Artois; Beck's, Hoegaarden, Leffe, and Michelob Ultra; and Aguila, Antarctica, Bud Light, Brahma, Cass, Castle, Castle Lite, Cristal, Harbin, Jupiler, Modelo Especial, Quilmes, Victoria, Sedrin, and Skol brands.

See Also