NEW YORK (

TheStreet

) -- The ex-dividend date for

Companhia de Bebidas das Americas Ambev

(NYSE:

ABV

) is tomorrow, March 1, 2012. Owners of shares as of market close today will be eligible for a dividend of 49 cents per share. At a price of $40.60 as of 9:30 a.m. ET, the dividend yield is 1.9%.

The average volume for Companhia de Bebidas das Americas Ambev has been 2.3 million shares per day over the past 30 days. Companhia de Bebidas das Americas Ambev has a market cap of $115.42 billion and is part of the

consumer goods

sector and

food & beverage

industry. Shares are up 10.8% year to date as of the close of trading on Tuesday.

Companhia de Bebidas das Americas Ambev engages in the production, distribution, and sale of beer, draft beer, carbonated soft drinks, malt, and other non-alcoholic and non-carbonated products in the Americas. It also sells bottled water, isotonics, and ready-to-drink teas. The company has a P/E ratio of 103.6, above the average food & beverage industry P/E ratio of 23.7 and above the S&P 500 P/E ratio of 17.7.

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TheStreet Ratings rates Companhia de Bebidas das Americas Ambev as a

buy

. The company's strengths can be seen in multiple areas, such as its notable return on equity, expanding profit margins, solid stock price performance and largely solid financial position with reasonable debt levels by most measures. We feel these strengths outweigh the fact that the company has had sub par growth in net income. You can view the full

Companhia de Bebidas das Americas Ambev Ratings Report

.

See our

dividend calendar

or

top-yielding stocks list

.

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