Ambev S.A. (NYSE:ABEV) Declares $0.02 Quarterly Dividend

Ambev S.A. (NYSE:ABEV - Get Free Report) announced a quarterly dividend on Wednesday, February 26th, NASDAQ Dividends reports. Shareholders of record on Tuesday, March 18th will be given a dividend of 0.0221 per share on Monday, April 14th. This represents a $0.09 dividend on an annualized basis and a yield of 4.25%. The ex-dividend date is Tuesday, March 18th.

Ambev has a dividend payout ratio of 83.3% indicating that its dividend is currently covered by earnings, but may not be in the future if the company's earnings tumble. Analysts expect Ambev to earn $0.17 per share next year, which means the company should continue to be able to cover its $0.15 annual dividend with an expected future payout ratio of 88.2%.

Ambev Price Performance

ABEV traded up $0.01 during trading on Monday, reaching $2.08. The stock had a trading volume of 11,556,259 shares, compared to its average volume of 38,531,660. The firm has a market capitalization of $32.69 billion, a price-to-earnings ratio of 11.53, a price-to-earnings-growth ratio of 5.80 and a beta of 1.04. The company has a quick ratio of 0.89, a current ratio of 1.20 and a debt-to-equity ratio of 0.02. Ambev has a 1-year low of $1.76 and a 1-year high of $2.58. The stock has a 50 day moving average of $1.86 and a two-hundred day moving average of $2.13.

Ambev (NYSE:ABEV - Get Free Report) last announced its quarterly earnings data on Wednesday, February 26th. The company reported $0.05 EPS for the quarter, missing analysts' consensus estimates of $0.06 by ($0.01). Ambev had a net margin of 17.02% and a return on equity of 16.12%. The company had revenue of $4.63 billion for the quarter, compared to analyst estimates of $22.42 billion. As a group, equities analysts anticipate that Ambev will post 0.18 EPS for the current fiscal year.

Wall Street Analyst Weigh In

A number of equities research analysts have recently commented on ABEV shares. StockNews.com started coverage on Ambev in a research report on Monday, January 27th. They set a "buy" rating for the company. Barclays cut their price objective on Ambev from $2.50 to $2.00 and set an "equal weight" rating for the company in a research report on Tuesday, January 21st. Bank of America downgraded Ambev from a "buy" rating to a "neutral" rating in a research report on Friday, January 17th. Finally, Citigroup reissued a "neutral" rating on shares of Ambev in a research note on Wednesday, January 22nd. Three investment analysts have rated the stock with a hold rating and two have given a buy rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of "Hold" and a consensus target price of $2.45.

About Ambev

Ambev SA, through its subsidiaries, engages in the production, distribution, and sale of beer, draft beer, carbonated soft drinks, malt and food, other alcoholic beverages, and non-alcoholic and non-carbonated products in Brazil, Central America and Caribbean, Latin America South, and Canada. It offers beer primarily under the Skol, Brahma, Antarctica, Brahva, Budweiser, Bud Light, Beck, Leffe, Hoegaarden, Balboa ICE, Balboa, Atlas Golden Light, Atlas, Bucanero, Cristal, Mayabe, Presidente, Presidente Light, Brahma Light, Bohemia, The One, Corona, Modelo Especial, Stella Artois, Quilmes Clásica, Paceña, Taquiña, Huari, Becker, Cusqueña, Michelob Ultra, Busch, Pilsen, Ouro Fino, Bud 66, Banks, Deputy, Patricia, Labatt Blue, Alexander Keith's, and Kokanee brands.