Ambev SA (NYSE:ABEV) declared a special dividend on Thursday, January 4th, Wall Street Journal reports. Shareholders of record on Friday, February 2nd will be given a dividend of 0.0215 per share on Monday, March 5th. The ex-dividend date of this dividend is Thursday, February 1st.

Ambev (NYSE:ABEV) traded down $0.01 during midday trading on Thursday, reaching $6.64. The company’s stock had a trading volume of 10,704,029 shares, compared to its average volume of 13,627,877. The stock has a market cap of $104,520.00, a PE ratio of 36.94 and a beta of 0.71. The company has a debt-to-equity ratio of 0.08, a current ratio of 0.95 and a quick ratio of 0.76. Ambev has a fifty-two week low of $4.98 and a fifty-two week high of $7.03.

A number of equities research analysts recently issued reports on the company. Zacks Investment Research raised Ambev from a “sell” rating to a “hold” rating in a research report on Tuesday. BidaskClub lowered Ambev from a “strong-buy” rating to a “buy” rating in a research report on Thursday, September 28th. Barclays reaffirmed an “equal weight” rating and set a $7.00 target price (up from $6.00) on shares of Ambev in a research report on Friday, October 27th. Evercore ISI reaffirmed an “outperform” rating and set a $8.50 target price (up from $7.00) on shares of Ambev in a research report on Friday, October 13th. Finally, Credit Suisse Group raised Ambev from a “neutral” rating to an “outperform” rating in a research report on Tuesday, September 12th. One analyst has rated the stock with a sell rating, three have given a hold rating and two have assigned a buy rating to the stock. The company currently has an average rating of “Hold” and a consensus price target of $7.83.

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Ambev Company Profile

Ambev SA, formerly Inbev Participacoes Societarias SA, is a Brazil-based company engaged in the brewing sector. The Company produces and sells beer, carbonated soft drinks (CSDs) and other non-alcoholic and non-carbonated (NANC) beverages across the Americas. The Company’s activities are divided into three segments: Latin America North, including sell of beer, CSD and NANC drinks in Brazil, as well as operations in Dominican Republic, Saint Vincent, Antigua, Dominica, Guatemala, El Salvador, Nicaragua and Cuba; Latin America South, distributing products in Argentina, Bolivia, Paraguay, Uruguay, Chile, Ecuador, Peru and Colombia, and Canada, represented by Labatt’s operations, which comprises sales in Canada.

Dividend History for Ambev (NYSE:ABEV)

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