TAP Molson Coors Beverage Company

Consumer Defensive · Beverages - Brewers

6 · Fair Momentum 2.0 · Weak Watch 4y streak

41.98

-1.27%

About the company

Molson Coors Beverage Company manufactures, markets, distributes, and sells beer and other malt beverage products in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. It offers flavored malt beverages including hard seltzers, craft, spirits, and ready to drink beverages. The company also provides non-alcoholic beverages including premium mixers and energy drinks. It offers its products under Arnold Palmer Spiked, Aspall Cider, Blue Moon, Beck's, Blue Run Spirits, Cobra, Corona Extra, Coors Original, Fever-Tree, Heineken, Hidra, Leinenkugel's, Madri, Miller Genuine Draft, Molson Ultra, Peroni Nastro Azurro, Pilsner Urquell, Redd's, Rekorderlig, Sharp's, Simply Spiked, Staropramen, Stella Artois, Topo Chico Hard Seltzer, ZOA Energy, and Vizzy Hard Seltzer above premium brands; Bergenbier, Borsodi, Burgasko, Carling, Coors Banquet, Coors Light, Jelen, Miller Lite, Molson Canadian brands, Niksicko, and Oujsko under the premium brands; and Branik, Icehouse, Keystone, Lowenbrau, Miller High Life, Milwaukee's Best, and Steel Reserve under the economy brands. The company was formerly known as Molson Coors Brewing Company and changed its name to Molson Coors Beverage Company in January 2020. Molson Coors Beverage Company was founded in 1774 and is based in Golden, Colorado.

Website Annual reports (10-K)

4.57%

—

1.92

7.8B

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-11.44

44.41

52-week range

42.0

low 38.0 high 54.8

Dividend deep dive

Molson Coors Beverage Company (TAP) operates in the Beverages - Brewers industry within the Consumer Defensive sector. The company currently offers a dividend yield of 4.69%. This yield is above its 5-year historical high of 3.65%, suggesting the stock may be undervalued based on Yield Theory, which estimates an implied price of $63.79. The dividend is rated with a safety status of 'watch' and carries an overall rating score of 6.0.

Dividend history

Molson Coors Beverage Company has an active dividend increase streak of 4 years. The 3-year dividend compound annual growth rate (CAGR) is 7.34%; a 5-year CAGR figure is not available. Payments are quarterly and typically occur in February, March, May, June, August, September, November, and December. Annual dividends were $1.96 in 2019, followed by a reduction to $1.36 in 2021. Since then, the dividend has increased annually, reaching $1.64 in 2023, with projected amounts of $1.76 for 2024 and $1.88 for 2025.