I'm now looking for a third consumer defensive sector representative for my new Ivy portfolio.

That defensive sector includes thirteen industries all related to providing convenient packaged goods we've just gotta have. Industries like: beverages, brewed, soft, or distilled; confections; discount stores; education & training; farm products; food distribution; grocery stores; household & personal products; packaged goods; pharmaceutical retailers; tobacco.

Today I'm reviewing a large-cap beverages - brewed concern named Anheuser-Busch InBev SA/NV. Its trading ticker symbol is BUD.

Anheuser-Busch InBev is the largest brewer in the world and one of the world's top five consumer product companies, as measured by EBITDA. After the SABMiller acquisition, in 2016, the company's portfolio contains five of the top 10 beer brands by sales and 18 brands with retail sales over $1 billion. AB InBev was created by the 2008 merger of Belgium-based InBev and U.S.-based Anheuser-Busch. The firm holds a 62% economic interest in Ambev, and 100% of SABMiller.

It offers a portfolio of approximately 500 beer brands, including Budweiser, Corona, and Stella Artois; Beck's, Castle, Castle Lite, Hoegaarden, and Leffe; and Aguila, Antarctica, Bud Light, Brahma, Cass, Chernigivske, Cristal, Harbin, Jupiler, Klinskoye, Michelob Ultra, Modelo Especial, Quilmes, Victoria, Sedrin, Sibirskaya Korona, and Skol.

The company was founded in 1366 and is headquartered in Leuven, Belgium.

I use three key data points to gauge the value of any dividend equity-like Anheuser-Busch InBev SA/NV:

(1) Price

(2) Dividends

(3) Returns

Besides those three, several other keys  will finally unlock an equity or fund in which to invest.

Those first three primary keys, however, best tell whether a company has made, is making, and will make money.

BUD Price

BUD's price per share closed at $78.29 yesterday. A year ago its price was $107.07. So price dropped  $28.78 per share last year, nearly 27%.

Assuming BUD's stock trades in the range of $60 to $100 next year, BUD's recent $78.29 price could pick up by another $6.71 and go to $85.00 by early-February, 2020.

BUD Dividends

BUD's most recent Semi-Annual dividend was $0.9087 paid December 21st.

Last year's two payouts equated to a $3.30 annual payout and a yield of 4.2% at yesterday's $78.29 closing price.

Gains For BUD?

Adding the $3.30 annual estimated dividend to my $7.71 BUD estimated price upside shows a $11.01 potential gross annual gain, per share, which will be reduced by costs to trade those shares.

Say we put a little over $1,000.00 today at the $78.29 recent stock price would buy us 13 Anheuser-Busch InBev SA/NV shares.

A $10 broker fee paid half at purchase and half at sale costs $0.77 per share.

Subtract that $0.77 brokerage cost from the estimated $11.01 gross annual gain leaves a net gain of $10.24 X 13  shares

= $133.12

for 13% net gain on a $1,017.77 investment.

Therefore, Anheuser-Busch InBev SA/NV whose trading ticker symbol is BUD now shows a possible net gain of 13% including its estimated 4.2% dividend yield.

Nine  brokers cover this stock:

Four say "Buy" BUD.

Three say "hold" your BUD shares.

One says Bud will "underperform" peers.

One says "sell" BUD.

Their nine analyst consensus is "outperform."

Therefore, you can look at Anheuser-Busch InBev SA/NV and see it has made money, is making money, and could make 13% over the next year including its 4.2% estimated dividend yield. It could be more, it could be less.

The above speculation is based on past year performance. The actual results remain to be seen to determine if Anheuser-Busch InBev SA/NV worth your time and money.