Molson Coors Beverage Company (TAP) will hike its dividend by 11.8 percent to 38 cents quarterly. 

On February 22, 2022, our Board of Directors declared a dividend on its Class A and Class B common shares of $0.38 per share, payable March 18, 2022, to shareholders of record on March 7, 2022. Similarly, the Board of Directors of Molson Coors Canada Inc., an indirect wholly owned subsidiary of the company, on February 22, 2022, declared the Canadian dollar equivalent of the dividend declared on Molson Coors stock payable on March 18, 2022, to its Class A and Class B exchangeable shareholders of record on March 7, 2022.

Molson Coors Beverage Company, formerly 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. Prior to the dividend suspension in 2020 Molson Coors had been paying an uninterrupted dividend to shareholders every year for many decades.