Alcohol companies on the stock market
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Alcohol stocks are often considered non-cyclical and recession-resistant plays. Yet alcohol stocks still remain fairly reliable investments for conservative investors, and several of the top names in the industry are also dependable dividend plays.
Let's examine three beer stocks which can definitely cover your beer tab every year with their dividends. Anheuser Busch InBev NYSE: The Belgium-based company was created from the mergers of Interbrew in Belgium, AmBev in Brazil, Anheuser-Busch in the U. InBev's massive portfolio now includes top brands like Budweiser, Michelob, Stella Artois, Foster's, Cass, and Hoegaarden.
Top 3 Alcohol Stocks to Drink Up
To counter the market shift toward craft beer brands, InBev acquired popular craft beers like Karbach, Goose Island, Blue Point, Elysian, and Golden Road over the past few years. That bottom line growth should give it plenty of room to continue its seven year streak of dividend hikes. InBev currently pays a forward dividend yield of 3. London-based Diageo 's NYSE: DEO portfolio of alcoholic beverages includes Johnnie Walker, Crown Royal, Smirnoff, Captain Morgan, Baileys, Tanqueray, and Guinness.
Its vodka, rum, and ready-to-drink sales have been tepid this year, but that softness was offset by robust sales of spirits and beers. Much of that growth was attributed to Brexit fears devaluing the pound, which boosted Diageo's revenue from overseas markets. Diageo currently pays a forward dividend yield of 2. At first glance, Denver-based Molson Coors ' NYSE: TAP alcohol companies on the stock market yield of 1. Yet Molson Coors has two potential advantages over both companies.
Second, it pays a quarterly dividend, compared to Stock market vs real estate investing and Diageo's semi-annual ones -- which might matter to investors who need steady income.
Molson Coors expanded significantly due to InBev's acquisition of SABMiller. Molson Coors' beefed up portfolio now includes brands like Coors, Miller, Molson, Blue Moon, Bergenbier, Keystone, and Henry's Hard Soda.
Alcohol stocks are decent defensive plays for a volatile market, but they often underperform the overall market. Therefore, investors should note that while alcohol stocks can be reliable income generators, they are often overlooked during bull markets. Leo Sun has no position in any direct access stock brokers mentioned.
The Motley Fool owns shares of and recommends Anheuser-Busch InBev NV. The Motley Fool recommends Diageo. The Motley Fool has a disclosure policy. Leo is a Tech and Consumer Goods Specialist who has covered the crossroads of Wall Street and Silicon Valley since His wheelhouse includes cloud, IoT, analytics, telecom, and gaming related businesses. Follow him on Twitter for more updates!
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4 Alcohol Stocks You'll Love to Party With - utabumo.web.fc2.com
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May 15, at 3: Anheuser-Busch InBev NV NYSE: Molson Coors Brewing NYSE: Prev 1 2 3 4 Next. Motley Fool push notifications are finally here Allow push notifications to help you stay on top of Breaking investing news Earnings coverage Market movers Special offers and more Subscribe to notifications You can unsubscribe at any time.