ANH Dividend Declaration Neutral

ANHEUSER-BUSCH INBEV SA/NV - Notice of Currency Exchange Rate 2025 Final Dividend

Anheuser-Busch InBev SA/NV
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What this filing means

AB InBev has confirmed the €1.00 per share final dividend exchange rate at ZAR 19.42, resulting in a net payout of 1,262.59 SA cents after tax.

Bull case

  • The company confirmed the final dividend of €1.00 per share was approved at the AGM, providing a predictable capital return to shareholders.
  • The ZAR exchange rate has been set at 19.4244600, yielding a gross dividend of 1,942.44600 SA cents and a net amount of 1,262.58990 SA cents after tax.

Bear case

  • South African shareholders face high upfront tax friction, with a 30% Belgian Withholding Tax applied initially.
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Category
Dividend Declaration
Published
May 4, 2026

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