Molson Coors Beverage (NYSE:TAP.A) to Issue Quarterly Dividend of $0.47

Molson Coors Beverage (NYSE:TAP.A) declared a quarterly dividend on Thursday, July 17th, Wall Street Journal reports. Shareholders of record on Friday, September 5th will be given a dividend of 0.47 per share on Friday, September 19th. This represents a $1.88 annualized dividend and a dividend yield of 3.59%. The ex-dividend date of this dividend is Friday, September 5th.

Molson Coors Beverage Price Performance

TAP.A stock opened at $52.42 on Friday. Molson Coors Beverage has a 1-year low of $48.56 and a 1-year high of $65.82. The business’s 50 day simple moving average is $54.38 and its 200 day simple moving average is $57.39.

Molson Coors Beverage (NYSE:TAP.A) last posted its earnings results on Thursday, May 8th. The company reported $0.50 earnings per share for the quarter. The business had revenue of $2.30 billion for the quarter.

Molson Coors Beverage Company Profile

Molson Coors Beverage Company manufactures, markets, and sells beer and other malt beverage products under various brands in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. The company offers flavored malt beverages including hard seltzers, craft, and ready to drink beverages. It provides its products under Aspall Cider, Blue Moon, Coors Original, Hop Valley brands, Leinenkugel's, Miller Genuine Draft, Molson Ultra, Sharp's, Staropramen, and Vizzy Hard Seltzer above premier brands; Bergenbier, Borsodi, Carling, Coors Banquet, Coors Light, Jelen, Kamenitza, Miller Lite, Molson Canadian Lager, Molson Dry, Molson Export, and Niksicko, Ozujsko under the premium brands; and Branik, Icehouse, Keystone, Miller High Life, Milwaukee's Best, and Steel Reserve under the economy brands.