Heineken N.V.

Heineken, based in Amsterdam and family-controlled, is the world's second-largest brewer, selling its flagship lager along with hundreds of local and craft beers and a growing range of no- and low-alcohol drinks across more than seventy countries. A strong global brand and broad emerging-market presence give it durable demand. Heineken has a long record of paying and raising its dividend, funded by dependable cash flow, though the yield is modest and recent volume softness has pressured results. A steady, moderate payout from a leading global brewer under long-term family ownership defines its income profile.