AMBEV S A/S (ABEV) Announces Special Dividend of $0.08

AMBEV S A/S (NYSE:ABEV) announced a special dividend on Thursday, December 6th, Wall Street Journal reports. Stockholders of record on Thursday, December 20th will be paid a dividend of 0.0828 per share on Monday, January 7th. The ex-dividend date is Wednesday, December 19th. This is an increase from AMBEV S A/S’s previous special dividend of $0.04.

AMBEV S A/S has decreased its dividend payment by an average of 30.1% annually over the last three years.

Shares of AMBEV S A/S stock opened at $4.17 on Friday. The company has a debt-to-equity ratio of 0.06, a quick ratio of 0.82 and a current ratio of 1.02. The company has a market cap of $67.04 billion, a PE ratio of 18.13, a P/E/G ratio of 2.08 and a beta of 0.54. AMBEV S A/S has a twelve month low of $3.86 and a twelve month high of $7.43.

Several research firms recently commented on ABEV. ValuEngine upgraded AMBEV S A/S from a “sell” rating to a “hold” rating in a research report on Thursday, August 16th. UBS Group cut AMBEV S A/S from a “buy” rating to a “sell” rating in a research report on Tuesday, October 2nd. JPMorgan Chase & Co. cut AMBEV S A/S from a “neutral” rating to an “underweight” rating in a research report on Thursday, October 25th. Zacks Investment Research upgraded AMBEV S A/S from a “sell” rating to a “hold” rating in a research report on Wednesday, November 7th. Finally, Bank of America cut AMBEV S A/S from a “neutral” rating to an “underperform” rating and lowered their target price for the company from $5.40 to $4.00 in a research report on Thursday, October 25th. Three investment analysts have rated the stock with a sell rating, three have given a hold rating and one has issued a buy rating to the stock. AMBEV S A/S has an average rating of “Hold” and an average price target of $6.13.

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AMBEV S A/S Company Profile

Ambev SA, through its subsidiaries, produces, distributes, and sells beer, draft beer, carbonated soft drinks (CSD), other non-alcoholic beverages, malt, and food in the Americas. It operates through Latin America North, Latin America South, and Canada segments. The company offers beer primarily under the Skol, Brahma, Antarctic, Brahva, Brahva Gold, Extra, Budweiser, Bud Light, Stella Artois, Corona, Modelo Especial, Beck, Leffe, Hoegaarden, Presidente, Brahma Light, President Light, Bohemia, The One, Quilmes Clásica, Paceña, Taquiña, Huari, Becker, Báltica, Ouro Fino, Pilsen, Patricia, Labatt Blue, Alexander Keith's, Kokanee, Banks, and Deputy brands.

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Dividend History for AMBEV S A/S (NYSE:ABEV)

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