Molson Coors Beverage (NYSE:TAP.A) Issues Earnings Results

Molson Coors Beverage (NYSE:TAP.A) posted its earnings results on Thursday. The company reported $1.30 EPS for the quarter, Zacks reports.

Molson Coors Beverage Trading Up 14.4 %

TAP.A opened at $61.76 on Friday. Molson Coors Beverage has a twelve month low of $52.91 and a twelve month high of $68.60. The company has a fifty day moving average of $57.23 and a 200-day moving average of $57.94.

Molson Coors Beverage Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, December 20th. Shareholders of record on Friday, December 6th were issued a dividend of $0.44 per share. The ex-dividend date was Friday, December 6th. This represents a $1.76 annualized dividend and a yield of 2.85%. Molson Coors Beverage’s payout ratio is 72.13%.

About Molson Coors Beverage

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, and ready to drink beverages. It provides its products under Aspall Cider, Blue Moon, Coors Original, Hop Valley brands, Leinenkugel's, Miller Genuine Draft, Molson Ultra, Sharp's, Staropramen, and Vizzy Hard Seltzer above premier brands; Bergenbier, Borsodi, Carling, Coors Banquet, Coors Light, Jelen, Kamenitza, Miller Lite, Molson Canadian Lager, Molson Dry, Molson Export, and Niksicko, Ozujsko under the premium brands; and Branik, Icehouse, Keystone, Miller High Life, Milwaukee's Best, and Steel Reserve under the economy brands.