Anheuser-Busch Announces 11.9 Percent Dividend Increase
Anheuser-Busch also owns a 50 percent share in Grupo Modelo, Mexico's leading brewer, and a 27 percent share in China brewer Tsingtao, whose namesake beer brand is the country's best-selling premium beer.
27/07/07 August A. Busch IV, president and chief executive officer of Anheuser-Busch Cos. Inc. announced that the Board of Directors has increased the regular quarterly dividend rate on the company's common stock 11.9 percent, to 33 cents from 29 1/2 cents per share payable September 10, 2007, to shareholders of record August 9, 2007. This marks the company's 31st consecutive year of dividend increases.
Based in St. Louis, Anheuser-Busch is the leading American brewer, holding approximately 50 percent share of U.S. beer sales. The company brews the world's largest-selling beers, Budweiser and Bud Light. Anheuser-Busch also owns a 50 percent share in Grupo Modelo, Mexico's leading brewer, and a 27 percent share in China brewer Tsingtao, whose namesake beer brand is the country's best-selling premium beer. Anheuser-Busch ranked No. 1 among beverage companies in FORTUNE Magazine's Most Admired U.S. and Global Companies lists in 2007.
