Anheuser-Busch InBev SA/NV (NYSE:BUD) Announces $1.17 Dividend

Anheuser-Busch InBev SA/NV (NYSE:BUD) announced a dividend on Friday, February 13th. Stockholders of record on Friday, May 8th will be paid a dividend of 1.1735 per share by the consumer goods maker on Friday, June 5th. This represents a dividend yield of 322.0%. The ex-dividend date of this dividend is Friday, May 8th.

Anheuser-Busch InBev SA/NV has increased its dividend payment by an average of 0.2%annually over the last three years. Anheuser-Busch InBev SA/NV has a dividend payout ratio of 33.6% indicating that its dividend is sufficiently covered by earnings. Research analysts expect Anheuser-Busch InBev SA/NV to earn $4.73 per share next year, which means the company should continue to be able to cover its $1.40 annual dividend with an expected future payout ratio of 29.6%.

Anheuser-Busch InBev SA/NV Stock Up 8.7%

Shares of BUD opened at $80.35 on Wednesday. Anheuser-Busch InBev SA/NV has a 52 week low of $56.97 and a 52 week high of $81.60. The company has a quick ratio of 0.57, a current ratio of 0.72 and a debt-to-equity ratio of 0.74. The company has a market capitalization of $156.72 billion, a price-to-earnings ratio of 23.36, a PEG ratio of 1.37 and a beta of 0.57. The stock’s 50-day moving average price is $73.49 and its 200-day moving average price is $68.75.

Anheuser-Busch InBev SA/NV (NYSE:BUD) last issued its earnings results on Tuesday, May 5th. The consumer goods maker reported $0.97 EPS for the quarter, topping analysts’ consensus estimates of $0.90 by $0.07. Anheuser-Busch InBev SA/NV had a return on equity of 15.67% and a net margin of 11.53%.The firm had revenue of $15.27 billion for the quarter, compared to the consensus estimate of $14.69 billion. During the same quarter in the prior year, the business earned $0.81 earnings per share. The company’s revenue was up 12.0% compared to the same quarter last year. On average, sell-side analysts predict that Anheuser-Busch InBev SA/NV will post 4.18 EPS for the current year.

Hedge Funds Weigh In On Anheuser-Busch InBev SA/NV

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Seafarer Capital Partners LLC lifted its holdings in Anheuser-Busch InBev SA/NV by 1.5% during the third quarter. Seafarer Capital Partners LLC now owns 1,034,000 shares of the consumer goods maker’s stock valued at $61,637,000 after purchasing an additional 15,000 shares in the last quarter. Savoir Faire Capital Management L.P. purchased a new position in Anheuser-Busch InBev SA/NV during the third quarter valued at $2,086,000. Atlantic Union Bankshares Corp boosted its stake in shares of Anheuser-Busch InBev SA/NV by 33,184.8% in the third quarter. Atlantic Union Bankshares Corp now owns 15,311 shares of the consumer goods maker’s stock worth $913,000 after acquiring an additional 15,265 shares during the last quarter. Caprock Group LLC acquired a new stake in shares of Anheuser-Busch InBev SA/NV in the third quarter worth approximately $818,000. Finally, Victory Capital Management Inc. boosted its stake in shares of Anheuser-Busch InBev SA/NV by 53.7% in the third quarter. Victory Capital Management Inc. now owns 828,670 shares of the consumer goods maker’s stock worth $49,397,000 after acquiring an additional 289,431 shares during the last quarter. 5.53% of the stock is owned by hedge funds and other institutional investors.

About Anheuser-Busch InBev SA/NV

Anheuser-Busch InBev SA/NV (NYSE: BUD) is a multinational brewing company headquartered in Leuven, Belgium. It is one of the world’s largest brewers and is primarily engaged in the production, distribution and marketing of beer and related beverages. The company’s operations span brewing, packaging, logistics and retail/customer sales support, serving a broad set of channels from on-premise hospitality to retail and e-commerce.

AB InBev’s portfolio includes a mix of global, regional and local beer brands across mainstream, premium, craft and non-alcoholic categories.