Constellation Brands is a dividend paying company with a current yield of 1.59% that is well covered by earnings. Next payment date is on 23rd August, 2024 with an ex-dividend date of 14th August, 2024.
Key information
1.6%
Dividend yield
27%
Payout ratio
Industry average yield
3.8%
Next dividend pay date
23 Aug 24
Ex dividend date
14 Aug 24
Dividend per share
Mex$4.040
Earnings per share
Mex$13.55
Dividend yield forecast in 3Y
1.9%
Recent dividend updates
Recent updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, STZ * has been paying a dividend for less than 10 years.
Growing Dividend: STZ *'s dividend payments have increased, but the company has only paid a dividend for 9 years.
Dividend Yield vs Market
Constellation Brands Dividend Yield vs Market
How does STZ * dividend yield compare to the market?
Segment
Dividend Yield
Company (STZ *)
1.6%
Market Bottom 25% (MX)
2.2%
Market Top 25% (MX)
7.2%
Industry Average (Beverage)
3.8%
Analyst forecast in 3 Years (STZ *)
1.9%
Notable Dividend: STZ *'s dividend (1.59%) isn’t notable compared to the bottom 25% of dividend payers in the MX market (2.17%).
High Dividend: STZ *'s dividend (1.59%) is low compared to the top 25% of dividend payers in the MX market (7.22%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (27.3%), STZ *'s dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (51.2%), STZ *'s dividend payments are covered by cash flows.