Company: Ambev S.A. (ABEV)
*DRIP Club Members are able to acquire or list a share of a company on the DRIP Exchange Page.
Company Profile: Ambev is the largest brewer in Latin America and the Caribbean and is Anheuser-Busch InBev’s subsidiary in the region. It produces, distributes, and sells beer and PepsiCo products in Brazil and other Latin American countries and owns Argentina’s largest brewer, Quinsa. Ambev was formed in 1999 through the merger of Brazil’s two largest beverage companies, Brahma and Antarctica. In 2004, Ambev combined with Canadian brewer Labatt, giving Interbrew (now AB InBev) a controlling interest of 61.8% as at the end of 2023. -Morningstar.com-
Symbol: ABEV
Recent Price: $2.15
Dividends: $0.15
Yield: 6.99%
Sector: Consumer Defensive
Industry: Beverages-Brewers
Address & Company Phone #: Rua Dr. Renato Paes Barros 1017 3rd Floor Sao Paulo SP 04530-001 Brazil, 55 11 2122 1414
Transfer Agent: Computershare 866-526-3029
Moody’s Rating: NR
Minimum & Maximum Investment: $50 – $100,000/year
Investment Dates: Weekly
Shares to Qualify: 1 Share or $200
Fees: Div.: 5% of amount invested up to $5 Max Cash: $5+10¢/sh. Cert: $0 Sells: by Mail, Phone or Internet for $10+10¢/sh.
52 Week High & Low: $3.22, $2.05