TAP Molson Coors Beverage dividend history, payout ratio & dates
Molson Coors Beverage's last dividend of $0.44 per share was on Aug 30, 2024 (ex-date). The annualized dividend payment of $1.73 per share represents a current dividend yield of 2.86%.
Key dates
- TAP last dividend date: Aug 30, 2024
TAP dividend stats
vs. Consumer Defensive sector
Dividend yield
TAP has a dividend yield of 2.86% which is higher than the Consumer Defensive sector average. In comparison with the Consumer Defensive sector average of 2.56%, Molson Coors Beverage's dividend yield is 12% higher. The historical 5-year average of TAP's dividend yield is 2.7%, which is lower than the current one.
Dividend history
Molson Coors Beverage has a history of paying dividends since 1994. Our records of TAP show that the company has issued four quarterly dividends in the last twelve months. The annualized DPS has grown by 7% since one year ago. And with the stock price up by 1.4% from a year ago, the dividend yield has grown by 6%.
Recent dividends
| Ex-date | Amount | Yield (TTM) |
|---|---|---|
| Aug 30, 2024 | $0.44 | 3.21% |
| Jun 7, 2024 | $0.44 | 3.27% |
| Feb 29, 2024 | $0.44 | 2.68% |
| Nov 30, 2023 | $0.41 | 2.66% |
| Aug 31, 2023 | $0.41 | 2.54% |
| Jun 1, 2023 | $0.41 | 2.53% |
| Mar 2, 2023 | $0.41 | 2.91% |
| Dec 1, 2022 | $0.38 | 2.77% |
| Sep 1, 2022 | $0.38 | 2.88% |
| Jun 2, 2022 | $0.38 | 2.67% |
| Mar 4, 2022 | $0.38 | 2.08% |
| Dec 2, 2021 | $0.34 | 1.5% |
| Aug 27, 2021 | $0.34 | 0.72% |
| Mar 6, 2020 | $0.57 | 4.41% |
| Nov 29, 2019 | $0.57 | 3.88% |
| Aug 29, 2019 | $0.57 | 3.53% |
| May 31, 2019 | $0.41 | 2.98% |
| Mar 1, 2019 | $0.41 | 2.67% |
| Nov 29, 2018 | $0.41 | 2.55% |
| Aug 30, 2018 | $0.41 | 2.45% |
| Jun 1, 2018 | $0.41 | 2.66% |
| Mar 2, 2018 | $0.41 | 2.09% |
| Nov 29, 2017 | $0.41 | 2.14% |
| Aug 29, 2017 | $0.41 | 1.83% |
| May 26, 2017 | $0.41 | 1.71% |
| Feb 24, 2017 | $0.41 | 1.62% |
| Nov 28, 2016 | $0.41 | 1.64% |
| Aug 29, 2016 | $0.41 | 1.59% |
| Jun 2, 2016 | $0.41 | 1.61% |
| Mar 3, 2016 | $0.41 | 1.85% |
| Nov 25, 2015 | $0.41 | 1.77% |
| Jul 29, 2015 | $0.41 | 2.81% |
| May 27, 2015 | $0.41 | 2.14% |
| Feb 25, 2015 | $0.41 | 2.01% |
Molson Coors Beverage dividend payout ratio
Payout ratio
TAP has a payout ratio of 38.9% which is lower than the Consumer Defensive sector average. If we compare it with the Consumer Defensive sector average of 53.6%, Molson Coors Beverage's payout ratio is 27% lower.
Total amount of dividends paid per financial year (from cash flow)
TAP dividend vs peer dividends
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| TAP Molson Coors Beverage Co | 2.86% | $1.73 | 38.9% |
| STZ Constellation Brands Inc | 1.62% | $3.92 | 125.6% |
Frequently asked questions
Does Molson Coors Beverage pay a dividend?
Yes, Molson Coors Beverage has been paying dividends for the last 30 years.
When was TAP's last dividend?
Molson Coors Beverage's last regular dividend was on Aug 30, 2024 (ex-date) with the amount of $0.44 per share.
How much dividend does Molson Coors Beverage pay (per share)?
TAP has paid dividend of $1.73 per share in the last year.
What is Molson Coors Beverage's dividend yield?
Molson Coors Beverage's current dividend yield is 2.86%.
How often does Molson Coors Beverage pay dividends?
Molson Coors Beverage has a quarterly dividend frequency.
What is Molson Coors Beverage's dividend payout ratio?
The dividend payout ratio of Molson Coors Beverage is 38.9%.
Does Molson Coors Beverage pay a good dividend?
Molson Coors Beverage's dividend yield is higher than the Consumer Defensive sector average.
Special dividends are included in TTM DPS and yield. Data from 
and Sharadar.