Molson Coors Beverage Company Announces Regular Quarterly Dividend

Rhea-AI Summary

Molson Coors Beverage Company (NYSE: TAP) has declared a regular quarterly dividend of US$0.44 per share on its Class A and Class B common stock, payable December 20, 2024, to stockholders of record on December 6, 2024. Additionally, Molson Coors Canada (TSX: TPX.B, TPX.A) announced a quarterly dividend of approximately CDN$0.61 for its Class A and Class B exchangeable shareholders, payable on the same date. The Canadian dividends are eligible for Canadian tax purposes.

Positive

• Consistent quarterly dividend payout maintained at US$0.44 per share
• Dividends are eligible for Canadian tax purposes for Canadian shareholders

Negative

• None.

GOLDEN, Colo. & MONTREAL--(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 December 20, 2024, to stockholders of record on December 6, 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$0.61 (the Canadian dollar equivalent of the dividend declared on Molson Coors Beverage Company stock), payable December 20, 2024, to its Class A and Class B exchangeable shareholders of record on December 6, 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 more than two centuries, Molson Coors Beverage Company has brewed 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 Excepcional, Staropramen, Blue Moon Belgian White and Leinenkugel’s Summer Shandy, to our economy and value brands like Miller High Life and Keystone Light, we produce many beloved and iconic beers. While our Company's history is rooted in beer, we offer a modern portfolio that expands beyond the beer aisle as well, including flavored beverages like Vizzy Hard Seltzer, spirits like Five Trail whiskey and 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.

To learn more about Molson Coors Beverage Company, visit molsoncoors.com.

ABOUT MOLSON COORS CANADA INC.

Molson Coors Canada Inc. ("MCCI") is a subsidiary of Molson Coors Beverage Company. 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.

View source version on businesswire.com: https://www.businesswire.com/news/home/20241121641197/en/

Investor Relations

Traci Mangini, (415) 308-0151



News Media

Rachel Dickens, Press@molsoncoors.com

Source: Molson Coors

FAQ

What is Molson Coors (TAP) quarterly dividend amount for December 2024?

Molson Coors (TAP) declared a quarterly dividend of US$0.44 per share for both Class A and Class B common stock.

When is Molson Coors (TAP) December 2024 dividend payable?

The dividend is payable on December 20, 2024, to stockholders of record on December 6, 2024.

What is Molson Coors Canada's dividend amount for December 2024?

Molson Coors Canada declared a quarterly dividend of approximately CDN$0.61 for its Class A and Class B exchangeable shares.

Are Molson Coors Canada's dividends eligible for Canadian tax purposes?

Yes, the dividends declared for Class A and Class B exchangeable shares are eligible dividends for Canadian tax purposes.