Constellation Brands raises dividend by 42.3 percent in 2018 Dividendhike.com | Dividend News and Statistics for US Equities

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Business	yield	Hike yrs	5 yr CAGR	freq.	paid since
Constellation Brands As of October 10, 2023	ticker	dps (an.)	2024 hike	2023 hike	2022 hike
Constellation Brands As of October 10, 2023	STZ	$3.56	11.3%	5.3%	1.3%
Alcoholic Beverages	1.5%	8	3.8%	Quarter	2015

Constellation Brands hikes dividend by 42.3%

Thursday 29 March 2018

Constellation Brands hikes dividend by 42.3%

Constellation Brands (STZ) will raise its quarterly dividend by 42.3 percent to $0.74 per share in the second quarter of 2018. This marks the third consecutive year of dividend increases by the beverage company.

The increased dividend will be paid on May 24, 2018 to shareholders of record on May 10, 2018. The new dividend yield for STZ is 1.3%.

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.

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