Brewer AB InBev sees slowest China growth in 25 years

Anheuser-Busch InBev, the world's largest brewer, has hiked its proposed dividend but forecasts challenges in major markets like China and Brazil, after fourth-quarter earnings came in below expectations.

The Belgium-based beer maker, which is set to buy next largest rival SABMiller Plc for around $100 billion, raised its dividend to a total of 3.60 euros ($3.97) from 3 euros, compared with a market expectation of about 3.30 euros.

The maker of Budweiser, Corona and Stella Artois forecast improved volumes this year and brand mix in its largest market - the United States, another strong year in Mexico, but economic challenges in China and Brazil.