Anheuser-Busch InBev SA/NV (BUD) to Issue Annual Dividend of $1.05 on June 6th

Anheuser-Busch InBev SA/NV (NYSE:BUD) declared an annual dividend on Wednesday, April 30th, Wall Street Journal reports. Investors of record on Wednesday, May 7th will be given a dividend of 1.0492 per share by the consumer goods maker on Friday, June 6th. This represents a yield of 1.2%. The ex-dividend date of this dividend is Wednesday, May 7th. This is a 20.3% increase from Anheuser-Busch InBev SA/NV’s previous annual dividend of $0.87.

Anheuser-Busch InBev SA/NV has raised its dividend payment by an average of 13.2% annually over the last three years. Anheuser-Busch InBev SA/NV has a payout ratio of 25.7% meaning its dividend is sufficiently covered by earnings. Equities analysts expect Anheuser-Busch InBev SA/NV to earn $3.56 per share next year, which means the company should continue to be able to cover its $1.05 annual dividend with an expected future payout ratio of 29.5%.

Anheuser-Busch InBev SA/NV Stock Performance

NYSE BUD opened at $66.11 on Monday. The company has a current ratio of 0.69, a quick ratio of 0.51 and a debt-to-equity ratio of 0.85. The company has a fifty day simple moving average of $62.69 and a 200 day simple moving average of $56.56. Anheuser-Busch InBev SA/NV has a 12-month low of $45.94 and a 12-month high of $67.49. The company has a market cap of $118.81 billion, a P/E ratio of 20.40, a PEG ratio of 1.73 and a beta of 0.80.

Anheuser-Busch InBev SA/NV (NYSE:BUD) last posted its earnings results on Wednesday, February 26th. The consumer goods maker reported $0.88 EPS for the quarter, topping the consensus estimate of $0.75 by $0.13. The company had revenue of $14.84 billion during the quarter, compared to the consensus estimate of $14.07 billion. Anheuser-Busch InBev SA/NV had a net margin of 10.98% and a return on equity of 15.29%. Sell-side analysts predict that Anheuser-Busch InBev SA/NV will post 3.37 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

Several brokerages recently issued reports on BUD. TD Cowen decreased their price target on Anheuser-Busch InBev SA/NV from $65.00 to $55.00 and set a “hold” rating for the company in a report on Wednesday, January 8th. StockNews.com lowered shares of Anheuser-Busch InBev SA/NV from a “buy” rating to a “hold” rating in a research note on Friday. Berenberg Bank started coverage on shares of Anheuser-Busch InBev SA/NV in a research report on Wednesday, April 2nd. They set a “buy” rating on the stock. Argus upgraded shares of Anheuser-Busch InBev SA/NV from a “hold” rating to a “buy” rating and set a $70.00 price target on the stock in a report on Thursday, March 27th. Finally, Deutsche Bank Aktiengesellschaft upgraded shares of Anheuser-Busch InBev SA/NV from a “hold” rating to a “buy” rating in a research note on Monday, March 3rd. Two investment analysts have rated the stock with a hold rating, six have given a buy rating and two have given a strong buy rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Buy” and a consensus price target of $66.00.

About Anheuser-Busch InBev SA/NV

Anheuser-Busch InBev SA/NV produces, distributes, exports, markets, and sells beer and beverages. 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.