Anheuser-Busch InBev ADRs are traded on the New York Stock Exchange under ticker BUD.
An ADR is a receipt representing the right to receive shares of a non-U.S. company. ADRs trade like any other U.S. security, are quoted and pay dividends in U.S. dollars, and provide transparency for U.S. investors by providing Company materials in English.
Anheuser-Busch InBev ADR Details:
Exchange: New York Stock Exchange
Ratio: 1 ADR = 1 Ordinary share
Industry: Consumer Products
Trading in ADRs
Anheuser-Busch InBev ADRs are traded on the New York Stock Exchange. You can purchase or sell Anheuser-Busch InBev ADRs through your broker.
Anheuser-Busch InBev pays dividends on a semi-annual basis. Exchange-rate fluctuations will affect the U.S. dollar amounts received by holders of ADRs since dividends are declared in euros.
Any cash dividends paid to ADR holders on behalf of Anheuser-Busch InBev will be paid in U.S. dollars and are generally taxable, just like dividends on U.S. shares. Further, cash dividends paid by Anheuser-Busch InBev are subject to 30% withholding tax under Belgian law as of January 1, 2017. The withholding tax under Belgian law was 27% in 2016.
Under the income tax conventions between the United States & Belgium and Canada & Belgium, United States and Canadian residents are eligible for reduced Belgian withholding tax (for most people, at a rate of 15% rather than the standard 30%).
ADR holders eligible for the refund must be residents of the United States or Canada in accordance with the aforementioned Convention. Contact your broker or tax advisor for more information and any applicable U.S. tax forms.
For more information regarding Belgian tax withholding and the tax reclamation process, please contact The Bank of New York Mellon / GlobeTax at 1-800-915-3536 and/or your tax advisor.