Two weeks ago, I wrote an article in Money and Markets talking about Bud’s surge on takeover rumors. And I pointed out that InBev’s rumored buyout price of $65 a share meant there was still plenty of upside ahead.
Since then, BUD stock has climbed to $61 a share, good for another 5% profit. Not too shabby given the broad market’s performance over the same period.
There are still some hurdles to the deal — inlcuding a strong backlash from U.S. beer fans — so this may be as far as the shares go for a while.
Still, it’s nice to see a solid dividend stock tacking on a little capital apprecation in a flagging market.
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Hi, Julie. While there is never a way to know for sure about dividend cuts, there are certainly things we can look out for. In fact, I was planning on talking about this very topic in the next issue of Dividend Superstars …