Anheuser-Busch InBev SA/NV
BUDConsumer Defensive · Stock · annual payer
Forward Yield
1.73%
Annual Dividend
$1.35
Payout Ratio
29%
5-Yr Growth
15.4%
Ex-Date
May 8, 2026
Frequency
Annual
Summary
As of September 2026, Anheuser-Busch InBev SA/NV (BUD) yields 1.73% ($1.35 per share annually), with a blended fair-value estimate of $91.96 — +18% upside, so it screens as undervalued. Dividend safety grade: C (61/100). 3 years of dividend growth.
Is BUD a good dividend stock?
Yes, with caveatsAnheuser-Busch InBev SA/NV (BUD) pays a annual dividend yielding 1.73% ($1.35/yr), with 3 years of growth and a dividend-safety grade of C. It's a solid income payer, but check the caveats below before buying.
Advantages
- Comfortable payout ratio (29%)
- Strong 15.4% 5-yr dividend growth
Risks
- Cut its dividend in 2022
Key Data
- Dividend Yield
- 1.73%
- Payout Ratio
- 29%
- Annual Dividend
- $1.35
- 5-Yr Avg Growth
- 15.4%
- Ex-Dividend Date
- May 8, 2026
- Years of Growth
- 3
- Frequency
- annual
- Beta
- 0.78
- Market Cap
- $153.1B
- P/E Ratio
- 16.8
- 5-Yr Total Return
- 27%
- 52-Week Range
- $58.33 – $86.60
- Dividend Safety
- C · 61/100
- Ever Cut?
- Yes (2022)
Frequently Asked Questions
BUD Price — Last 12 Months
Daily close
Price Return
1 Year
+28%
3 Years
+37%
5 Years
+27%
52-Week Range
$58.33 – $86.60
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is BUD worth?
Undervaluedmedium confidenceOur blended fair-value estimate for Anheuser-Busch InBev SA/NV is $91.96 per share, versus a market price of $77.73. That implies 18% of upside — a margin of safety of about 15%.
Fair Value
$91.96
Current Price
$77.73
Upside
+18%
Margin of Safety
15%
How we get there
Discounted cash flow
Discounts projected free cash flow back to today.
Dividend discount
Discounts the future dividend stream back to today.
Earnings multiple (Graham)
Graham's earnings-multiple formula, anchored to bond yields.
At today's price, the market is pricing in about 4.3% annual free-cash-flow growth. We model 10.4% — below our estimate, leaving room for upside if the business executes.
Assumptions: 8.2% discount rate (CAPM), 10.4% stage-1 growth, 2.5% terminal growth, $4.64 EPS, $1.35 annual dividend. Updated weekly.
Fair-value estimates are model output for educational purposes only — not investment advice or a price target.
BUD Dividend Safety Score
Borderline
SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.
Dividend Growth
Total dividends per share by year
Dividend History
| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| May 8, 2026 | — | $1.1740 | regular |
| May 7, 2025 | — | $1.1280 | regular |
| May 3, 2024 | — | $0.8720 | regular |
| May 3, 2023 | — | $0.8240 | regular |
| May 3, 2022 | — | $0.5430 | regular |
| May 4, 2021 | — | $0.5960 | regular |
| Jun 9, 2020 | — | $0.5510 | regular |
| Nov 19, 2019 | — | $0.8910 | regular |
| May 7, 2019 | — | $1.1150 | regular |
| Nov 27, 2018 | — | $0.9130 | regular |
| May 1, 2018 | — | $2.4780 | regular |
| Nov 14, 2017 | — | $1.8530 | regular |
| May 1, 2017 | — | $2.1200 | regular |
| Nov 14, 2016 | — | $1.7490 | regular |
Income Calculator
At $1.35 / yr per share
