Molson Coors Beverage is a dividend paying company with a current yield of 2.9% that is well covered by earnings. Next payment date is on 20th December, 2024 with an ex-dividend date of 6th December, 2024.
Key information
2.9%
Dividend yield
4.6%
Buyback Yield
Total Shareholder Yield
7.5%
Future Dividend Yield
3.2%
Dividend Growth
3.5%
Next dividend pay date
20 Dec 24
Ex dividend date
06 Dec 24
Dividend per share
€1.760
Payout ratio
39%
Recent dividend and buyback updates
Recent updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: NY7's dividend payments have been volatile in the past 10 years.
Growing Dividend: NY7's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
Molson Coors Beverage Dividend Yield vs Market
How does NY7 dividend yield compare to the market?
Segment
Dividend Yield
Company (NY7)
2.9%
Market Bottom 25% (DE)
1.8%
Market Top 25% (DE)
4.8%
Industry Average (Beverage)
2.8%
Analyst forecast (NY7) (up to 3 years)
3.2%
Notable Dividend: NY7's dividend (2.9%) is higher than the bottom 25% of dividend payers in the German market (1.73%).
High Dividend: NY7's dividend (2.9%) is low compared to the top 25% of dividend payers in the German market (4.82%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (39%), NY7's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (31.5%), NY7's dividend payments are well covered by cash flows.