Molson Coors Brewing Company (TAP) will raise the quarterly dividend by 39.0 percent to $0.57 per share. This is the beer company's first dividend hike since 2015.
The next dividend is payable September 13, 2019, to shareholders of record on August 30, 2019. A new annual rate of $2.28 yields 3.1% at a stock price of $74.30.
Molson Coors Brewing Company is a beer brewer. The company's brands include Coors Light, Coors Banquet, Miller Lite, Molson Canadian, Carling, Staropramen, Sharp’s Doom Bar, Leinenkugel’s Summer Shandy, Blue Moon Belgian White, Hop Valley, Creemore Springs, Crispin Cider. Molson Coors operates through Molson Coors Canada, MillerCoors in the U.S., Molson Coors Europe and Molson Coors International.
2022