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

Anheuser-Busch InBev SA/NV (NYSE:BUD) announced an annual dividend on Wednesday, April 17th, Wall Street Journal reports. Stockholders 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 dividend 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 raised its dividend by an average of 13.2% per year over the last three years and has raised its dividend annually for the last 1 consecutive years.

Anheuser-Busch InBev SA/NV Stock Performance

Shares of BUD opened at $57.35 on Thursday. The stock has a market capitalization of $99.63 billion, a price-to-earnings ratio of 21.64, a PEG ratio of 1.75 and a beta of 1.13. Anheuser-Busch InBev SA/NV has a 12 month low of $51.66 and a 12 month high of $66.56. The firm has a fifty day simple moving average of $61.24 and a 200 day simple moving average of $60.79. The company has a current ratio of 0.63, a quick ratio of 0.48 and a debt-to-equity ratio of 0.80.

Anheuser-Busch InBev SA/NV (NYSE:BUD) last posted its quarterly earnings data on Wednesday, February 28th. The consumer goods maker reported $0.82 EPS for the quarter, topping analysts’ consensus estimates of $0.76 by $0.06. The company had revenue of $14.47 billion during the quarter, compared to the consensus estimate 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 prior year, the business posted $0.98 EPS. Research analysts forecast that Anheuser-Busch InBev SA/NV will post 3.37 EPS for the current fiscal year.

Institutional Trading of Anheuser-Busch InBev SA/NV

A number of hedge funds have recently modified their holdings of the stock. Moneta Group Investment Advisors LLC grew its stake in Anheuser-Busch InBev SA/NV by 82,251.7% in the 4th quarter. Moneta Group Investment Advisors LLC now owns 4,778,048 shares of the consumer goods maker’s stock valued at $286,874,000 after buying an additional 4,772,246 shares during the last quarter. Balyasny Asset Management L.P. grew its position in shares of Anheuser-Busch InBev SA/NV by 589.5% in the first quarter. Balyasny Asset Management L.P. now owns 668,419 shares of the consumer goods maker’s stock valued at $44,604,000 after purchasing an additional 571,473 shares during the last quarter. UBS Group AG increased its stake in shares of Anheuser-Busch InBev SA/NV by 198.9% during the first quarter. UBS Group AG now owns 673,523 shares of the consumer goods maker’s stock worth $40,452,000 after purchasing an additional 448,159 shares during the period. Renaissance Technologies LLC lifted its holdings in Anheuser-Busch InBev SA/NV by 66.1% during the 1st quarter. Renaissance Technologies LLC now owns 954,100 shares of the consumer goods maker’s stock worth $63,667,000 after purchasing an additional 379,600 shares during the last quarter. Finally, Point72 Asset Management L.P. boosted its stake in Anheuser-Busch InBev SA/NV by 131.6% in the 4th quarter. Point72 Asset Management L.P. now owns 515,900 shares of the consumer goods maker’s stock valued at $33,337,000 after purchasing an additional 293,100 shares during the period. Institutional investors and hedge funds own 5.53% of the company’s stock.

Wall Street Analysts Forecast Growth

BUD has been the topic of several recent analyst reports. Jefferies Financial Group raised Anheuser-Busch InBev SA/NV from a “hold” rating to a “buy” rating and boosted their price target for the stock from $60.00 to $76.00 in a research report on Wednesday, January 10th. TD Cowen lowered their target price on shares of Anheuser-Busch InBev SA/NV from $67.00 to $65.00 and set an “outperform” rating on the stock in a report on Tuesday, March 5th. Finally, BNP Paribas lowered shares of Anheuser-Busch InBev SA/NV from an “outperform” rating to a “neutral” rating in a research report on Friday, January 12th. Four investment analysts have rated the stock with a hold rating and six have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock 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.