Ambev S.A.
ABEVConsumer Defensive · Stock · quarterly payer
Forward Yield
5.58%
Annual Dividend
$0.17
Payout Ratio
89%
5-Yr Growth
-21.9%
Ex-Date
Jun 24, 2026
Frequency
Quarterly
Summary
As of July 2026, Ambev S.A. (ABEV) yields 5.58% ($0.17 per share annually), with a blended fair-value estimate of $3.81 — +26% upside, so it screens as undervalued. Dividend safety grade: C (50/100).
Is ABEV a good dividend stock?
MixedAmbev S.A. (ABEV) pays a quarterly dividend yielding 5.58% ($0.17/yr), with 0 years of growth and a dividend-safety grade of C. The picture is mixed — the dividend pays, but safety or growth signals are weaker than ideal.
Advantages
Risks
- Cut its dividend in 2021
- Elevated payout ratio (89%)
- Dividend has been shrinking, not growing
- Share price is down over the past 5 years
Key Data
- Dividend Yield
- 5.58%
- Payout Ratio
- 89%
- Annual Dividend
- $0.17
- 5-Yr Avg Growth
- -21.9%
- Ex-Dividend Date
- Jun 24, 2026
- Years of Growth
- 0
- Frequency
- quarterly
- Beta
- 0.27
- Market Cap
- $46.8B
- P/E Ratio
- 15.9
- 5-Yr Total Return
- -7%
- 52-Week Range
- $2.10 – $3.45
- Dividend Safety
- C · 50/100
- Ever Cut?
- Yes (2021)
Frequently Asked Questions
ABEV Price — Last 12 Months
Daily close
Price Return
1 Year
+35%
3 Years
+9%
5 Years
-7%
52-Week Range
$2.10 – $3.45
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is ABEV worth?
Undervaluedmedium confidenceOur blended fair-value estimate for Ambev S.A. is $3.81 per share, versus a market price of $3.03. That implies 26% of upside — a margin of safety of about 21%.
Fair Value
$3.81
Current Price
$3.03
Upside
+26%
Margin of Safety
21%
How we get there
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 -10.0% annual free-cash-flow growth. We model 4.9% — below our estimate, leaving room for upside if the business executes.
Assumptions: 7.0% discount rate (CAPM), 4.9% stage-1 growth, 2.5% terminal growth, $0.19 EPS, $0.17 annual dividend. Updated weekly.
Fair-value estimates are model output for educational purposes only — not investment advice or a price target.
ABEV 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 |
|---|---|---|---|
| Jun 24, 2026 | — | $0.0090 | regular |
| Aug 11, 2025 | — | $0.0230 | regular |
| May 19, 2025 | — | $0.0240 | regular |
| Mar 18, 2025 | — | $0.0220 | regular |
| Dec 23, 2024 | — | $0.1080 | regular |
| Dec 22, 2023 | — | $0.1470 | regular |
| Dec 20, 2022 | — | $0.1460 | regular |
| Dec 20, 2021 | — | $0.1080 | regular |
| Jan 14, 2021 | — | $0.0150 | regular |
| Dec 18, 2020 | — | $0.0790 | regular |
| Dec 20, 2019 | — | $0.1170 | regular |
| Dec 19, 2018 | — | $0.0830 | regular |
| Jun 18, 2018 | — | $0.0440 | regular |
| Feb 1, 2018 | — | $0.0220 | regular |
Income Calculator
At $0.17 / yr per share
