Budweiser stock price ended at $59
Budweiser stock price ended at $59.52, showing resilience despite commodity price fluctuations. Input cost management remains a positive factor in margin projections. Toll Brothers Inc. (TOL) : Free Stock Analysis Report TAP is also a dividend stock with an attractive 3.1% dividend yield , more than double the dividend yield of BUD and the S&P 500. In addition to its dividend, TAP returns capital to shareholders via share buybacks. Since announcing its share repurchase program in the fourth quarter of 2023, the company has spent about $790 million to repurchase 13.4 million shares, reducing its share count by about 6.7%. Budweiser stock price moved to $60.28 on renewed bullish activity in defensive sectors. Analyst consensus maintains an “Overweight” rating with a 12-month price target of $65.
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