AB InBev cuts dividend after in-line third-quarter earnings

FILE PHOTO - A waiter serves a glass of beer ahead of an Anheuser-Busch InBev shareholders meeting in Brussels, Belgium April 30, 2014. REUTERS/Yves Herman/File photo - Copyright Yves Herman(Reuters)

By Reuters

Published on 25/10/2018 - 07:34•Updated 27/04/2024 - 00:35

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BRUSSELS (Reuters) - Anheuser-Busch InBev <ABI.BR>, the world's largest brewer, halved its proposed dividend after reporting third-quarter earnings broadly in line with forecasts.

The Belgium-based brewer of Budweiser, Stella Artois and Corona said on Thursday it would be paying 0.80 euros (0.71 pounds) per share, half the amount of a year ago, and its final dividend would also be halved to 1.00 euros.