Molson Coors Beverage Company Declares Regular Quarterly Dividend - Latest Global News

Molson Coors Beverage Company Declares Regular Quarterly Dividend

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GOLDEN, Colo. and MONTREAL – 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 $0.44 per share, payable at 21th of June. 2024, to shareholders of record on June 7, 2024. The quarterly dividend is payable to holders of Class A and Class B common stock of Molson Coors Beverage Company.

Additionally, the Board of Directors of Molson Coors Canada Inc. (TSX: TPX.B, TPX.A) today declared a quarterly dividend of approximately C$0.59 (the Canadian dollar equivalent of the dividend on Molson Coors Beverage Company shares). payable on June 21, 2024 to the Class A and B Exchangeable Shareholders of record on June 7, 2024. The dividends declared on the Class A and Class B Exchangeable Shares are allowable dividends for Canadian tax purposes.

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Molson Coors Beverage Company Overview

For over two centuries, Molson Coors Beverage Company has brewed beverages that unite people to celebrate all of life’s moments. From our most important power brands Coors Light, Miller Lite, Coors Banquet, Molson Canadian, Carling And march to our premium brands mentioned above including Madri, Staropramen, Blue Moon Belgian White And Leinenkugel’s Summer Shandyto our economy and tokens like Miller High Life And keystoneMolson Coors produces many popular and iconic beer brands. While Molson Coors’ history is rooted in beer, Molson Coors also offers a modern portfolio that extends beyond beer to include flavored beverages such as: Vizzy Hard SeltzerLike ghosts Five Trail Whiskey and non-alcoholic drinks. As a company, our goal is to be the first choice for our employees, our consumers and our customers, and our success depends on our ability to make our products available to a wide range of consumer segments and occasions.

Our reporting segments include: Americas, operating in the United States, Canada and various countries in the Caribbean, Latin and South America; and EMEA&APAC, operating in Bulgaria, Croatia, the Czech Republic, Hungary, Montenegro, the Republic of Ireland, Romania, Serbia, the United Kingdom, various other European countries and certain countries in the Middle East, Africa and the Asia-Pacific region. In addition to our reporting segments, there are also certain items that are not allocated to our reporting segments and are reported as “Unallocated”.

Our imprint strategy focuses on People & Planet initiatives that support our commitment to raising industry standards and making a positive impression on our employees, consumers, communities and the environment. To learn more about Molson Coors Beverage Company, visit molsoncoors.com, MolsonCoorsOurImprint.com or on Twitter @MolsonCoors.

About Molson Coors Canada Inc.

Molson Coors Canada Inc. (MCCI) is a subsidiary of Molson Coors Beverage Company (MCBC). The MCCI Class A and B exchangeable shares provide substantially the same economic and voting rights as the respective classes of MCBC common stock, as described in MCBC’s annual proxy statement and Forms 10-K filed with the Securities and Exchange Commission. The fiduciary holder of the Class A Voting Special Shares and the Class B Special Voting Shares will have the right to cast a number of votes equal to the number of Class A Exchangeable Shares and Class B Exchangeable Shares outstanding, respectively.

View source version on businesswire.com: https://www.businesswire.com/news/home/20240516504051/en/

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Greg Tierney, (414) 931-3303
Traci Mangini, (415) 308-0151

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Rachel Dickens, [email protected]

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