Molson Coors Beverage Company (TAP) to Issue Quarterly Dividend of $0.48 on March 20th

Molson Coors Beverage Company (NYSE:TAP) announced a quarterly dividend on Wednesday, February 18th. Shareholders of record on Friday, March 6th will be paid a dividend of 0.48 per share on Friday, March 20th. This represents a c) annualized dividend and a yield of 4.0%. The ex-dividend date of this dividend is Friday, March 6th. This is a 2.1% increase from Molson Coors Beverage’s previous quarterly dividend of $0.47.

Molson Coors Beverage has decreased its dividend by an average of 0.0%annually over the last three years and has increased its dividend every year for the last 4 years. Molson Coors Beverage has a dividend payout ratio of 29.5% meaning its dividend is sufficiently covered by earnings. Analysts expect Molson Coors Beverage to earn $6.77 per share next year, which means the company should continue to be able to cover its $1.88 annual dividend with an expected future payout ratio of 27.8%.

Molson Coors Beverage Stock Down 4.9%

TAP stock opened at $48.33 on Friday. Molson Coors Beverage has a 52 week low of $42.94 and a 52 week high of $64.66. The company has a quick ratio of 0.45, a current ratio of 0.60 and a debt-to-equity ratio of 0.37. The firm has a 50-day simple moving average of $48.85 and a 200-day simple moving average of $47.87. The stock has a market capitalization of $9.55 billion, a P/E ratio of -4.45 and a beta of 0.48.

Molson Coors Beverage (NYSE:TAP) last issued its quarterly earnings results on Wednesday, February 18th. The company reported $1.21 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.17 by $0.04. Molson Coors Beverage had a positive return on equity of 8.67% and a negative net margin of 16.41%.The firm had revenue of $2.66 billion for the quarter, compared to analyst estimates of $2.71 billion. During the same period in the previous year, the company posted $1.30 earnings per share. The business’s revenue was down 2.7% on a year-over-year basis. Molson Coors Beverage has set its FY 2026 guidance at 4.607-4.823 EPS. Equities analysts forecast that Molson Coors Beverage will post 6.35 earnings per share for the current fiscal year.

About Molson Coors Beverage

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.