Companhia De Bebidas Das Americas Ambev Stock To Go Ex-dividend Monday (ABV)

Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model

NEW YORK ( TheStreet) -- The ex-dividend date for Companhia de Bebidas das Americas Ambev (NYSE: ABV) is Monday, October 1, 2012. Owners of shares as of market close today will be eligible for a dividend of 28 cents per share. At a price of $38.11 as of 10 a.m. ET, the dividend yield is 1.2%.

The average volume for Companhia de Bebidas das Americas Ambev has been 1.9 million shares per day over the past 30 days. Companhia de Bebidas das Americas Ambev has a market cap of $118.72 billion and is part of the consumer goods sector and food & beverage industry. Shares are up 5.5% year to date as of the close of trading on Thursday.

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 26.1 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 expanding profit margins, largely solid financial position with reasonable debt levels by most measures, notable return on equity and increase in stock price during the past year. 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.

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