Molson Coors Beverage (TAP.A) to Issue Quarterly Dividend of $0.47 on March 14th

Molson Coors Beverage (NYSE:TAP.A) declared a quarterly dividend on Wednesday, February 12th, Wall Street Journal reports. Stockholders of record on Thursday, February 27th will be paid a dividend of 0.47 per share on Friday, March 14th. This represents a $1.88 dividend on an annualized basis and a dividend yield of 3.04%. The ex-dividend date is Thursday, February 27th. This is a boost from Molson Coors Beverage’s previous quarterly dividend of $0.44.

Molson Coors Beverage Price Performance

Shares of Molson Coors Beverage stock opened at $61.89 on Tuesday. The stock has a 50 day moving average price of $57.20 and a two-hundred day moving average price of $58.03. Molson Coors Beverage has a 52 week low of $52.91 and a 52 week high of $68.60.

Molson Coors Beverage (NYSE:TAP.A) last released its earnings results on Thursday, February 13th. The company reported $1.30 earnings per share (EPS) for the quarter. The business had revenue of $2.74 billion during the quarter.

About Molson Coors Beverage

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.