Is Anheuser-Busch InBev Stock a Buy?
Anheuser-Busch InBev (NYSE: BUD), the world's largest brewer, lost nearly half its value over the past five years. It struggled with the saturation of the beer market, declining beer consumption rates in developed markets, competition from other alcoholic drinks, and rising commodity costs.
AB InBev was already on shaky ground when the pandemic started last year. The closures of bars and restaurants then caused its sales to tumble, which forced it to halve its dividend last April to conserve cash. It skipped its following interim dividend in October before announcing a final dividend of 0.50 euros ($0.60) for the full year this February -- compared to a combined payout of 1.30 euros in 2019.
Image source: Getty Images.
Source Fool.com
