Anheuser-Busch InBev SA/NV (NYSE:BUD) Announces Annual Dividend of $0.87

Anheuser-Busch InBev SA/NV (NYSE:BUD) declared an annual dividend on Wednesday, April 17th, Wall Street Journal reports. Stockholders of record on Monday, May 6th will be paid a dividend of 0.8722 per share by the consumer goods maker on Friday, June 7th. This represents a dividend yield of 1.1%. The ex-dividend date is Friday, May 3rd. This is a positive change from Anheuser-Busch InBev SA/NV’s previous annual dividend of $0.61.

Anheuser-Busch InBev SA/NV has increased its dividend by an average of 13.2% per year over the last three years and has raised its dividend every year for the last 2 years. Anheuser-Busch InBev SA/NV has a dividend payout ratio of 22.7% meaning its dividend is sufficiently covered by earnings. Equities research analysts expect Anheuser-Busch InBev SA/NV to earn $3.90 per share next year, which means the company should continue to be able to cover its $0.87 annual dividend with an expected future payout ratio of 22.3%.

Anheuser-Busch InBev SA/NV Stock Performance

Shares of BUD opened at $59.46 on Thursday. The company has a debt-to-equity ratio of 0.80, a quick ratio of 0.48 and a current ratio of 0.63. The stock has a market capitalization of $103.29 billion, a P/E ratio of 22.44, a P/E/G ratio of 1.80 and a beta of 1.11. The company’s fifty day moving average is $60.47 and its two-hundred day moving average is $61.23. Anheuser-Busch InBev SA/NV has a 1 year low of $51.66 and a 1 year high of $66.32.

Anheuser-Busch InBev SA/NV (NYSE:BUD) last issued its earnings results on Wednesday, February 28th. The consumer goods maker reported $0.82 EPS for the quarter, topping the consensus estimate of $0.76 by $0.06. The company had revenue of $14.47 billion for the quarter, compared to analyst estimates of $15.34 billion. Anheuser-Busch InBev SA/NV had a net margin of 8.99% and a return on equity of 13.57%. During the same period in the previous year, the firm earned $0.98 EPS. On average, sell-side analysts predict that Anheuser-Busch InBev SA/NV will post 3.37 earnings per share for the current year.

Analyst Ratings Changes

Several equities research analysts recently commented on the stock. TD Cowen decreased their price objective on shares of Anheuser-Busch InBev SA/NV from $67.00 to $65.00 and set an “outperform” rating on the stock in a research report on Tuesday, March 5th. Jefferies Financial Group upgraded shares of Anheuser-Busch InBev SA/NV from a “hold” rating to a “buy” rating and upped their target price for the company from $60.00 to $76.00 in a report on Wednesday, January 10th. Finally, BNP Paribas lowered shares of Anheuser-Busch InBev SA/NV from an “outperform” rating to a “neutral” rating in a report on Friday, January 12th. Four analysts have rated the stock with a hold rating and six have assigned a buy rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $71.70.

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.