The Board of Directors of Molson Coors Beverage Company (NYSE: TAP, TAP.A) has announced a regular quarterly dividend of $0.44 per share for its Class A and Class B common stock. The dividend will be payable on December 20, 2024, to stockholders of record as of December 6, 2024.
Similarly, Molson Coors Canada Inc. (TSX: TPX.B, TPX.A) has declared a quarterly dividend of approximately CAD $0.61 per share, equivalent to the U.S. dividend. This dividend will also be payable on December 20, 2024, to its Class A and Class B exchangeable shareholders of record on December 6, 2024. The Canadian dividends qualify as eligible dividends for tax purposes.
About Molson Coors Beverage Company
Molson Coors Beverage Company has been brewing beverages that bring people together for over two centuries. Its portfolio includes popular core brands such as Coors Light, Miller Lite, Coors Banquet, Molson Canadian, Carling, and Ožujsko, as well as premium offerings like Madri Excepcional, Staropramen, Blue Moon Belgian White, and Leinenkugel’s Summer Shandy.
Beyond its iconic beer offerings, the company has diversified its lineup to include flavored beverages like Vizzy Hard Seltzer, spirits such as Five Trail whiskey, and non-alcoholic drinks. Molson Coors aims to be the top choice for its employees, customers, and consumers by offering products that cater to diverse tastes and occasions.
ABOUT MOLSON COORS CANADA INC.
Molson Coors Canada Inc. (“MCCI”) is a subsidiary of Molson Coors Beverage Company. MCCI Class A and Class B exchangeable shares offer substantially the same economic and voting rights as the respective classes of common shares of MCBC, as described in MCBC’s annual proxy statement and Form 10-K filings with the U.S. Securities and Exchange Commission. The trustee holder of the special Class A voting stock and the special Class B voting stock has the right to cast a number of votes equal to the number of then outstanding Class A exchangeable shares and Class B exchangeable shares, respectively.
