How 770 Shares of This Beer Giant Yield About $100 a Year
Think pocket change can't yield income? About $2,400 invested in this beer giant should bring roughly $100 in annual payouts.
How 770 Shares of This Beer Giant Yield About $100 a Year
Overview
You've probably never ordered a Skol at your local bar. But it's basically the Bud Light of the Southern Hemisphere. Skol is ubiquitous, affordable, and ice-cold at every Brazilian beach kiosk from Belém to São Paulo.
Skol's parent company is Ambev (NYSE: ABEV), Latin America's dominant brewer and a subsidiary of Anheuser-Busch InBev (NYSE: BUD). Besides local winners like Skol, Ambev bottles and distributes global brands like Budweiser, Stella Artois, and Corona.
Details
As of June 23, the stock trades around $3.10, which might trigger penny-stock alarm bells.
Source
Originally published at www.fool.com.
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Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.
