Constellation Brands (STZ) will raise its quarterly dividend by 29 percent to $0.40 per share in 2016. This marks the first increase since the company initiated a dividend last year.
Constellation Brands, Inc. is an international beverage alcohol company. The Company is a producer and marketer of beer, wine and spirits with operations in the United States, Canada, Mexico, New Zealand and Italy. Constellation's imported brands include Corona Extra, Corona Light, Modelo Especial, Modelo Negra, Pacifico and Ballast Point. In addition, Constellation is the world leader in premium wine, selling brands including Robert Mondavi, Clos du Bois, Kim Crawford, Meiomi, Mark West, Black Box, Ruffino and The Prisoner. The company’s premium spirits brands include SVEDKA Vodka, Casa Noble Tequila and High West Whiskey.