Molson Coors Beverage Company (NYSE:TAP) to Issue Quarterly Dividend of $0. 48
Molson Coors Beverage Company (NYSE:TAP) announced a quarterly dividend on Thursday, July 16th. Stockholders of record on Friday, August 28th will be paid a dividend of 0. 48 per share on Friday, September 18th. This represents a c) annualized dividend and a dividend yield of 4. 6%. The ex-dividend date is Friday, August 28th.
Molson Coors Beverage Company(NYSE:TAP-Get Free Report) announced a quarterly dividend on Thursday, July 16th. Shareholders of record on Friday, August 28th will be paid a dividend of 0. 48 per share on Friday, September 18th. This represents a c) dividend on an annualized basis and a yield of 4. 6%. The ex-dividend date is Friday, August 28th. GetMolson Coors Beveragealerts:Anheuser-Busch Stock Jumps as Volume Growth Signals TurnaroundMolson Coors Beverage has raised its dividend payment by an average of 0. 3%annually over the last three years and has raised its dividend annually for the last 4 consecutive years. Molson Coors Beverage has a payout ratio of 30. 1% meaning its dividend is sufficiently covered by earnings. Research analysts expect Molson Coors Beverage to earn $5. 00 per share next year, which means the company should continue to be able to cover its $1. 92 annual dividend with an expected future payout ratio of 38. 4%. Molson Coors Beverage Price PerformanceShares ofTAPopened at $41. 74 on Friday. Molson Coors Beverage has a 52-week low of $38. 04 and a 52-week high of $54. 82. The company has a debt-to-equity ratio of 0. 38, a quick ratio of 0. 38 and a current ratio of 0. 54. The business's 50 day moving average price is $40. 32 and its two-hundred day moving average price is $44. 30. The firm has a market cap of $7. 83 billion, a PE ratio of -3. 92 and a beta of 0. 42. Market Whispers: Is Molson Coors the Next Big Beverage Buyout?Molson Coors Beverage (NYSE:TAP-Get Free Report) last posted its quarterly earnings results on Friday, May 1st. The company reported $0. 62 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0. 36 by $0. 26. The firm had revenue of $2. 35 billion for the quarter, compared to analysts' expectations of $2. 33 billion. Molson Coors Beverage had a positive return on equity of 9. 79% and a negative net margin of 16. 14%. The company's revenue for the quarter was up 2. 0% compared to the same quarter last year. During the same period in the prior year, the business earned $0. 50 EPS. On average, equities analysts anticipate that Molson Coors Beverage will post 4. 8 EPS for the current year. Insider Transactions at Molson Coors BeverageIn related news, DirectorGeoffrey E. Molsonsold 1,245 shares of the stock in a transaction on Thursday, May 21st. The stock was sold at an average price of $42. 50, for a total value of $52,912. 50. Following the completion of the sale, the director directly owned 9,871 shares of the company's stock, valued at approximately $419,517. 50. This represents a 11. 20% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed throughthe SEC website. Company insiders own 2. 27% of the company's stock. Hedge Funds Weigh In On Molson Coors BeverageBeer’s Big Comeback? 2 Stocks Poised to Benefit in 2026A number of hedge funds have recently bought and sold shares of TAP. GoalVest Advisory LLC purchased a new stake in shares of Molson Coors Beverage in the fourth quarter valued at about $25,000. SBI Securities Co. Ltd. lifted its position in shares of Molson Coors Beverage by 84. 1% during the fourth quarter. SBI Securities Co. Ltd. now owns 534 shares of the company's stock valued at $25,000 after purchasing an additional 244 shares in the last quarter. Basepoint Wealth LLC purchased a new position in Molson Coors Beverage during the fourth quarter worth about $26,000. Smartleaf Asset Management LLC boosted its holdings in Molson Coors Beverage by 64. 2% during the second quarter. Smartleaf Asset Management LLC now owns 565 shares of the company's stock worth $27,000 after purchasing an additional 221 shares during the last quarter. Finally, Larson Financial Group LLC boosted its holdings in Molson Coors Beverage by 551. 1% during the fourth quarter. Larson Financial Group LLC now owns 612 shares of the company's stock worth $29,000 after purchasing an additional 518 shares during the last quarter. 78. 46% of the stock is owned by hedge funds and other institutional investors. About Molson Coors Beverage(Get Free Report)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. Featured StoriesFive stocks we like better than Molson Coors BeverageHas Broadcom Become Too Expensive for Its AI Story?Why Abbott Laboratories Stock Is Suddenly Winning Back Wall StreetRevving Up Returns: Big Banks Race Through the Rate PlateauWhy Uber’s Biggest Deal Yet Could Unlock Its Next Growth PhaseThis instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat. com. Should You Invest $1,000 in Molson Coors Beverage Right Now?Before you consider Molson Coors Beverage, you'll want to hear this. MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified thefive stocksthat top analysts are quietly whispering to their clients to buy now before the broader market catches on. . . and Molson Coors Beverage wasn't on the list. While Molson Coors Beverage currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys. View The Five Stocks HereMarketBeat just released its list of the 7 hottest IPOs expected to hit Wall Street in 2026. See which companies are preparing to go public and why investors are watching closely. Get This Free Report