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

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

Anheuser-Busch InBev SA/NV has increased its dividend payment by an average of 13.2% per year over the last three years and has increased its dividend annually for the last 1 consecutive years.

Anheuser-Busch InBev SA/NV Stock Performance

NYSE BUD traded up $0.21 during trading hours on Wednesday, hitting $57.35. The company had a trading volume of 1,741,209 shares, compared to its average volume of 2,097,826. The company has a debt-to-equity ratio of 0.80, a quick ratio of 0.48 and a current ratio of 0.63. Anheuser-Busch InBev SA/NV has a 1-year low of $51.66 and a 1-year high of $66.56. The company has a market cap of $99.63 billion, a PE ratio of 21.56, a price-to-earnings-growth ratio of 1.75 and a beta of 1.13. The business has a 50 day moving average of $61.41 and a 200-day moving average of $60.81.

Anheuser-Busch InBev SA/NV (NYSE:BUD - Get Free Report) last released its quarterly earnings data on Wednesday, February 28th. The consumer goods maker reported $0.82 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.76 by $0.06. Anheuser-Busch InBev SA/NV had a net margin of 8.99% and a return on equity of 13.57%. The company had revenue of $14.47 billion during the quarter, compared to the consensus estimate of $15.34 billion. During the same quarter in the prior year, the firm posted $0.98 earnings per share. As a group, equities research analysts expect that Anheuser-Busch InBev SA/NV will post 3.37 EPS for the current year.

Institutional Inflows and Outflows

Several large investors have recently added to or reduced their stakes in the company. Steward Partners Investment Advisory LLC raised its holdings in Anheuser-Busch InBev SA/NV by 6.9% during the fourth quarter. Steward Partners Investment Advisory LLC now owns 2,453 shares of the consumer goods maker's stock worth $159,000 after purchasing an additional 159 shares in the last quarter. Neuberger Berman Group LLC increased its holdings in Anheuser-Busch InBev SA/NV by 3.1% in the fourth quarter. Neuberger Berman Group LLC now owns 5,833 shares of the consumer goods maker's stock valued at $350,000 after buying an additional 174 shares in the last quarter. MUFG Americas Holdings Corp increased its holdings in Anheuser-Busch InBev SA/NV by 6.1% in the third quarter. MUFG Americas Holdings Corp now owns 3,527 shares of the consumer goods maker's stock valued at $159,000 after buying an additional 202 shares in the last quarter. Rhumbline Advisers increased its holdings in Anheuser-Busch InBev SA/NV by 1.3% in the third quarter. Rhumbline Advisers now owns 15,485 shares of the consumer goods maker's stock valued at $856,000 after buying an additional 203 shares in the last quarter. Finally, 1832 Asset Management L.P. increased its stake in shares of Anheuser-Busch InBev SA/NV by 2.1% during the 1st quarter. 1832 Asset Management L.P. now owns 11,850 shares of the consumer goods maker's stock worth $702,000 after purchasing an additional 247 shares in the last quarter. 5.53% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several equities research analysts have recently weighed in on the stock. TD Cowen decreased their target price on shares of Anheuser-Busch InBev SA/NV from $67.00 to $65.00 and set an "outperform" rating for the company in a research note on Tuesday, March 5th. Jefferies Financial Group upgraded shares of Anheuser-Busch InBev SA/NV from a "hold" rating to a "buy" rating and increased their target price for the stock from $60.00 to $76.00 in a research note on Wednesday, January 10th. Finally, BNP Paribas downgraded shares of Anheuser-Busch InBev SA/NV from an "outperform" rating to a "neutral" rating in a research note on Friday, January 12th. Four investment analysts have rated the stock with a hold rating and six have given a buy rating to the stock. According to MarketBeat, Anheuser-Busch InBev SA/NV has a consensus rating of "Moderate Buy" and a consensus 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.