The Board of Directors of Molson Coors Beverage Company (NYSE: TAP, TAP.A) has announced the regular quarterly dividend for its Class A and Class B common stock. The dividend stands at US$0.44 per share and is scheduled to be paid on June 21, 2024, to stockholders of record as of June 7, 2024. This dividend applies to holders of both Class A and Class B common stock of Molson Coors Beverage Company.
Furthermore, the Board of Directors of Molson Coors Canada Inc. (TSX: TPX.B, TPX.A) has also declared a quarterly dividend of approximately CDN$0.59, which is equivalent to the dividend declared on Molson Coors Beverage Company stock in Canadian dollars. This dividend is slated to be paid on June 21, 2024, to Class A and Class B exchangeable shareholders of record as of June 7, 2024. The dividends pertaining to the Class A and Class B exchangeable shares are classified as eligible dividends for Canadian tax purposes.
Molson Coors Beverage Company, with a legacy spanning over two centuries, is renowned for brewing beverages that bring people together to celebrate life’s moments. From its flagship brands like Coors Light, Miller Lite, Coors Banquet, and Molson Canadian, to premium selections such as Madri, Staropramen, and Blue Moon Belgian White, Molson Coors offers a diverse range of beloved beer brands. Beyond beer, the company’s modern portfolio extends to flavored beverages like Vizzy Hard Seltzer, spirits like Five Trail whiskey, and non-alcoholic beverages.
The company operates primarily in the Americas, encompassing the U.S., Canada, and various countries in the Caribbean, Latin and South America, as well as in EMEA&APAC regions, including Bulgaria, Croatia, Czech Republic, and others. Molson Coors is committed to its Imprint strategy, focusing on People & Planet initiatives to elevate industry standards and create a positive impact on employees, consumers, communities, and the environment.
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