Molson Coors Keeps $0.32 Dividend on Tap

Brewer Molson Coors  (NYSE: TAP  )  announced yesterday its second-quarter dividend of $0.32 per share on its class A and class B shares, the same rate it's paid since 2011.

The board of directors said the quarterly dividend is payable on June 17 to the holders of record at the close of business on May 31. The brewer has paid quarterly dividends since 1988.

The regular dividend payment equates to a $1.28-per-share annual dividend yielding 2.4%, based on the closing price of Molson Coors' stock on May 21.

TAP Dividend Chart

TAP Dividend data by YCharts


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