5 Dividend Paying Consumer Defensive Stocks

In this article, we discuss 5 dividend paying consumer defensive stocks. If you want to see more consumer defensive stocks that pay dividends, check out 10 Dividend Paying Consumer Defensive Stocks. 

5. Anheuser-Busch InBev SA/NV (NYSE:BUD)

Dividend Yield as of April 1: 1.91%

Number of Hedge Fund Holders: 17

Anheuser-Busch InBev SA/NV (NYSE:BUD) was founded in 1366 and is headquartered in Leuven, Belgium. The company manufactures and distributes alcoholic beverages and soft drinks worldwide. Some of the global beer brands under Anheuser-Busch InBev SA/NV (NYSE:BUD) include Budweiser, Corona, and Stella Artois. 

On February 26, 2021 Anheuser-Busch InBev SA/NV (NYSE:BUD) declared a €0.50 per share annual dividend. The dividend was paid to shareholders on June 3 last year. Anheuser-Busch InBev SA/NV (NYSE:BUD)’s dividend yield stood at 1.91% as of April 1. 

Barclays analyst Laurence Whyatt on March 14 maintained an Overweight rating on Anheuser-Busch InBev SA/NV (NYSE:BUD) and raised the price target on the shares to €83 from €82. 

According to Insider Monkey’s Q4 data, Fisher Asset Management is the largest stakeholder of Anheuser-Busch InBev SA/NV (NYSE:BUD), with 8.2 million shares worth approximately $502 million. Overall, 17 hedge funds were bullish on the stock at the end of December 2021, up from 11 funds in the earlier quarter. 

Here is what Broyhill Asset Management has to say about Anheuser-Busch InBev SA/NV (NYSE:BUD) in its Q4 2021 investor letter:

“Shares of ABI struggled to buck the double-digit decline in emerging market indices in the second half of the year. Consensus concerns around commodity cost headwinds certainly didn’t help matters, but beyond short term margin pressures, both businesses continue to grow their profits as well as their economic moats. ABI controls over a quarter of the nearly $600 billion global beer market, based on Euromonitor data, and remains well positioned for a rebound in post-pandemic industry sales.”