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Ambev S.A.ABEVBUYApr 26, 2022Stock price when the opinion was issued
As of Jun 18, 2026. Market Open.
The beer business is a nice steady business, and the consolidation in the industry is where the money has been made. There are a couple of monster brewers out there that own a lot of the breweries. However, underneath that, there are a lot of craft brewers that are taking market share. He wouldn’t have any qualms in owning this, and it has a reasonable yield. It doesn’t meet his requirements of growth plus dividends.
World cup this summer which is good. It has a big dividend and is a good income stock. Thinks this thing should do better as the summer progresses. It is a good income producer for him. They have to, by legislation, payout 35% of income. If he were to sell it would be before the world cup and then get back in.