Molson Coors Beverage Company Announces Regular Quarterly Dividend
18 Juli 2024 - 11:52PM
Business Wire
The Board of Directors of Molson Coors Beverage Company (NYSE:
TAP, TAP.A) today declared a regular quarterly dividend on its
Class A and Class B common stock of US$0.44 per share, payable
September 20, 2024, to stockholders of record on August 30, 2024.
The quarterly dividend is payable to holders of Class A and Class B
common stock of Molson Coors Beverage Company.
In addition, the Board of Directors of Molson Coors Canada Inc.
(TSX: TPX.B, TPX.A) today declared a quarterly dividend of
approximately CDN$0.60 (the Canadian dollar equivalent of the
dividend declared on Molson Coors Beverage Company stock), payable
September 20, 2024, to its Class A and Class B exchangeable
shareholders of record on August 30, 2024. The dividends declared
in respect of the Class A and Class B exchangeable shares are
eligible dividends for Canadian tax purposes.
Overview of Molson Coors Beverage Company
For over two centuries, Molson Coors Beverage Company has been
brewing beverages that unite people to celebrate all life’s
moments. From our core power brands Coors Light, Miller Lite, Coors
Banquet, Molson Canadian, Carling and Ožujsko to our above premium
brands including Madri, Staropramen, Blue Moon Belgian White and
Leinenkugel’s Summer Shandy, to our economy and value brands like
Miller High Life and Keystone, Molson Coors produces many beloved
and iconic beer brands. While Molson Coors’ history is rooted in
beer, Molson Coors offers a modern portfolio that expands beyond
the beer aisle as well, including flavored beverages like Vizzy
Hard Seltzer, spirits like Five Trail whiskey as well as
non-alcoholic beverages. As a business, our ambition is to be the
first choice for our people, our consumers and our customers, and
our success depends on our ability to make our products available
to meet a wide range of consumer segments and occasions.
Our reporting segments include: Americas, operating in the U.S.,
Canada and various countries in the Caribbean, Latin and South
America; and EMEA&APAC, operating in Bulgaria, Croatia, Czech
Republic, Hungary, Montenegro, the Republic of Ireland, Romania,
Serbia, the U.K., various other European countries, and certain
countries within the Middle East, Africa and Asia Pacific. In
addition to our reporting segments, we also have certain items that
are unallocated to our reporting segments and reported as
"Unallocated".
Our Imprint strategy is focused on People & Planet
initiatives that support our commitment to raising industry
standards and leaving a positive imprint on our employees,
consumers, communities, and the environment. To learn more about
Molson Coors Beverage Company, visit molsoncoors.com,
MolsonCoorsOurImprint.com, or on X (formerly Twitter) through
@MolsonCoors.
About Molson Coors Canada Inc.
Molson Coors Canada Inc. (MCCI) is a subsidiary of Molson Coors
Beverage Company (MCBC). 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.
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version on businesswire.com: https://www.businesswire.com/news/home/20240718196172/en/
Investor Relations Traci
Mangini, (415) 308-0151 News
Media Rachel Dickens, Press@molsoncoors.com
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