Molson Coors Beverage Declares Quarterly Dividend of $0.44 (NYSE:TAP.A)

Molson Coors Beverage (NYSE:TAP.A) announced a quarterly dividend on Friday, November 22nd,Wall Street Journal reports. Stockholders of record on Friday, December 6th will be paid a dividend of 0.44 per share on Friday, December 20th. This represents a $1.76 dividend on an annualized basis and a dividend yield of 2.93%. The ex-dividend date is Friday, December 6th.

Molson Coors Beverage Price Performance

TAP.A stock remained flat at $60.00 during trading on Friday. 26 shares of the company were exchanged, compared to its average volume of 904. Molson Coors Beverage has a one year low of $54.51 and a one year high of $68.60. The business has a fifty day simple moving average of $58.29 and a 200-day simple moving average of $58.78.

Molson Coors Beverage (NYSE:TAP.A) last posted its quarterly earnings results on Thursday, November 7th. The company reported $1.80 earnings per share for the quarter. The firm had revenue of $3.04 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.