Molson Coors Beverage Dividends and Buybacks
Dividend criteria checks 4/6
Molson Coors Beverage is a dividend paying company with a current yield of 2.9% that is well covered by earnings.
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 | n/a |
| Ex dividend date | n/a |
| Dividend per share | US$1.760 |
| Payout ratio | 39% |
Recent dividend and buyback updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: TAP.A's dividend payments have been volatile in the past 10 years.
Growing Dividend: TAP.A's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Molson Coors Beverage Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (TAP.A) | 2.9% |
| Market Bottom 25% (US) | 1.3% |
| Market Top 25% (US) | 4.2% |
| Industry Average (Beverage) | 3.0% |
| Analyst forecast (TAP.A) (up to 3 years) | 3.2% |
Notable Dividend: TAP.A's dividend (2.9%) is higher than the bottom 25% of dividend payers in the US market (1.34%).
High Dividend: TAP.A's dividend (2.9%) is low compared to the top 25% of dividend payers in the US market (4.2%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (39%), TAP.A's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (31.5%), TAP.A's dividend payments are well covered by cash flows.