<div id="readability-page-1"><p><strong>Molson Coors Beverage Company</strong> (NYSE:TAP - Get Free Report) announced a quarterly dividend on Thursday, November 20th. Investors of record on Friday, December 5th will be given a dividend of 0.47 per share on Friday, December 19th. This represents a c) dividend on an annualized basis and a yield of 4.1%. The ex-dividend date is Friday, December 5th.</p><ul><li>These 3 Consumer Staple Giants Are Oversold and Set to Skyrocket</li></ul><p>Molson Coors Beverage has decreased its dividend payment by an average of 0.0%per year over the last three years and has raised its dividend annually for the last 4 consecutive years. Molson Coors Beverage has a dividend payout ratio of 29.5% meaning its dividend is sufficiently covered by earnings. Equities research analysts expect Molson Coors Beverage to earn $6.77 per share next year, which means the company should continue to be able to cover its $1.88 annual dividend with an expected future payout ratio of 27.8%. </p><div><p><span></span><span>Get <strong>Molson Coors Beverage</strong> alerts:</span></p></div><h2>Molson Coors Beverage Trading Up 1.7%</h2><p>NYSE TAP traded up $0.79 during mid-day trading on Friday, hitting $46.26. The company's stock had a trading volume of 421,849 shares, compared to its average volume of 2,505,694. The firm has a market capitalization of $9.14 billion, a P/E ratio of 9.13, a price-to-earnings-growth ratio of 1.60 and a beta of 0.65. The company has a debt-to-equity ratio of 0.46, a current ratio of 0.95 and a quick ratio of 0.67. Molson Coors Beverage has a 52-week low of $42.94 and a 52-week high of $64.66. The stock's fifty day simple moving average is $45.83 and its two-hundred day simple moving average is $49.36. </p><ul><li>Constellation Brands: A Fallen Star or a Hidden Value Play?</li></ul><p>Molson Coors Beverage (NYSE:TAP - Get Free Report) last released its quarterly earnings data on Tuesday, November 4th. The company reported $1.67 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.72 by ($0.05). Molson Coors Beverage had a return on equity of 8.61% and a net margin of 7.81%.The business had revenue of $2.97 billion for the quarter, compared to analysts' expectations of $3.02 billion.  Molson Coors Beverage has set its FY 2025 guidance at 5.360-5.360 EPS. Research analysts expect that  Molson Coors Beverage will post 6.35 EPS for the current year. </p><h2>Analyst Upgrades and Downgrades</h2><p>A number of brokerages recently weighed in on TAP. Jefferies Financial Group decreased their price target on shares of Molson Coors Beverage from $51.00 to $48.00 and set a &#34;hold&#34; rating for the company in a research report on Tuesday, November 4th. Morgan Stanley reduced their price objective on Molson Coors Beverage from $58.00 to $53.00 and set an &#34;equal weight&#34; rating on the stock in a research note on Wednesday, August 6th. Zacks Research raised Molson Coors Beverage from a &#34;strong sell&#34; rating to a &#34;hold&#34; rating in a research report on Friday, November 14th. The Goldman Sachs Group dropped their target price on Molson Coors Beverage from $67.00 to $57.00 and set a &#34;buy&#34; rating on the stock in a report on Thursday, October 2nd. Finally, Sanford C. Bernstein reduced their price target on Molson Coors Beverage from $54.00 to $50.00 and set a &#34;market perform&#34; rating on the stock in a research report on Wednesday, November 5th. Five research analysts have rated the stock with a Buy rating, eleven have given a Hold rating and two have given a Sell rating to the company's stock. Based on data from MarketBeat, the stock  has an average rating of &#34;Hold&#34; and a consensus price target of $54.24.</p><ul><li>Tap Into Molson Coors Stock: A Top Beverage Value Play</li></ul><p><b>Read Our Latest Research Report on TAP</b></p><h2>Molson Coors Beverage Company Profile</h2> (Get Free Report)<p>Molson Coors Beverage Company manufactures, markets, and sells beer and other malt beverage products under various brands in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. The company offers flavored malt beverages including hard seltzers, craft, spirits and energy, and ready to drink beverages.</p><h2>See Also</h2><ul><li>Five stocks we like better than Molson Coors Beverage</li><li>3 Grocery Stocks That Are Proving They Are Still Essential </li><li>Walmart Stock Surges After a Solid Q3—Stronger Growth Ahead</li><li>Roth IRA Calculator: Calculate Your Potential Returns</li><li>Microsoft’s AI Superfactory Could Power a Stock Rally</li><li>Earnings Per Share Calculator: How to Calculate EPS</li><li>3 Big Tech Stocks Sliding: What’s Behind the Drop?</li></ul><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/DividendChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPVRBUA?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="650" height="325" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/DividendChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPVRBUA"/></p><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in Molson Coors Beverage Right Now?</h2><p>Before you consider Molson Coors Beverage, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Molson Coors Beverage wasn't on the list.</p><p>While Molson Coors Beverage currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

<p>Molson Coors Beverage Company (NYSE:TAP) announced a quarterly dividend of $0.47 per share, payable on December 19th to investors of record on December 5th. The dividend yield is 4.1%, with a payout ratio of 29.5%. Analysts expect the company to maintain its dividend coverage with future earnings. The stock is trading up 1.7%, with a market cap of $9.14 billion. Analysts have mixed ratings, with a consensus price target of $54.24.</p>

Molson Coors Beverage Company Plans Quarterly Dividend of $0.47 (NYSE:TAP)