tiprankstipranks
Ambev S.A. Announces Dividend and Capital Distribution Plans
Company Announcements

Ambev S.A. Announces Dividend and Capital Distribution Plans

Story Highlights

Pick the best stocks and maximize your portfolio:

Ambev SA ( (ABEV) ) has shared an announcement.

Ambev S.A. has announced the approval of an interest on capital distribution of R$ 0.2448 per share and a dividend distribution of R$ 0.4228 per share, with payments scheduled for December 30, 2024, and January 7, 2025, respectively. The board has also approved a shift in dividend distribution timing from annual to potentially shorter intervals, reflecting a strategic adjustment in shareholder returns, which could impact the company’s financial planning and investor relations.

More about Ambev SA

Ambev S.A. is a publicly-held company based in São Paulo, Brazil, operating within the beverage industry. The company is known for its production and distribution of alcoholic and non-alcoholic beverages, focusing on beer and soft drinks, and holds a significant presence in both local and international markets.

YTD Price Performance: -18.93%

Average Trading Volume: 25,305,916

Technical Sentiment Consensus Rating: Buy

Current Market Cap: $36.5B

See more data about ABEV stock on TipRanks’ Stock Analysis page.

Related Articles
TipRanks Auto-Generated NewsdeskAmbev S.A. Reevaluates Leadership with Key Reappointments
TipRanks Auto-Generated NewsdeskAmbev S.A. Reports November 2024 Securities Transactions
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App