Molson Coors Beverage Company (TAP) To Go Ex-Dividend on August 28th

Molson Coors Beverage Company (NYSE:TAP) declared a quarterly dividend on Thursday, July 16th. Investors of record on Friday, August 28th will be given a dividend of 0.48 per share on Friday, September 18th. This represents a c) dividend on an annualized basis and a yield of 4.6%. The ex-dividend date of this dividend is Friday, August 28th.

Molson Coors Beverage has raised its dividend by an average of 0.3%per year over the last three years and has increased its dividend annually for the last 4 consecutive years. Molson Coors Beverage has a payout ratio of 30.1% meaning its dividend is sufficiently covered by earnings. Equities analysts expect Molson Coors Beverage to earn $4.98 per share next year, which means the company should continue to be able to cover its $1.92 annual dividend with an expected future payout ratio of 38.6%.

Molson Coors Beverage Stock Performance

Shares of TAP opened at $42.03 on Wednesday. The stock has a market capitalization of $7.88 billion, a P/E ratio of -3.64 and a beta of 0.42. The company has a debt-to-equity ratio of 0.55, a quick ratio of 0.72 and a current ratio of 0.88. Molson Coors Beverage has a 1 year low of $38.04 and a 1 year high of $54.82. The company’s fifty day moving average is $40.89 and its two-hundred day moving average is $43.02.

Molson Coors Beverage (NYSE:TAP) last released its earnings results on Thursday, August 6th. The company reported $1.58 EPS for the quarter, topping the consensus estimate of $1.51 by $0.07. The company had revenue of $3.10 billion during the quarter, compared to analysts’ expectations of $3.08 billion. Molson Coors Beverage had a negative net margin of 17.83% and a positive return on equity of 9.46%. The business’s revenue was down 3.3% on a year-over-year basis. During the same quarter last year, the business earned $2.05 EPS. Molson Coors Beverage has set its FY 2026 guidance at 4.607-4.823 EPS. On average, sell-side analysts predict that Molson Coors Beverage will post 4.81 earnings per share for the current year.

Molson Coors Beverage Company Profile

Molson Coors Beverage Company is a leading multinational brewing and beverage enterprise formed through the 2005 merger of Canada’s Molson and the United States’ Coors. The company develops, markets and distributes an array of alcoholic and non-alcoholic beverages, focusing primarily on beer and ready-to-drink products. Its portfolio spans flagship brands such as Coors Light, Molson Canadian and Miller Lite, alongside craft-style offerings like Blue Moon and global imports including Carling and Staropramen.

In addition to its core beer business, Molson Coors has expanded into adjacent categories to capture evolving consumer tastes.