Molson Coors Beverage Company
TAPConsumer Defensive · Stock · quarterly payer
Forward Yield
4.99%
Annual Dividend
$1.92
Payout Ratio
36%
5-Yr Growth
-3.8%
Ex-Date
Aug 28, 2026
Frequency
Quarterly
Summary
As of September 2026, Molson Coors Beverage Company (TAP) yields 4.99% ($1.92 per share annually), with a blended fair-value estimate of $51.22 — +26% upside, so it screens as undervalued. Dividend safety grade: C (64/100). 4 years of dividend growth.
Is TAP a good dividend stock?
Yes, with caveatsMolson Coors Beverage Company (TAP) pays a quarterly dividend yielding 4.99% ($1.92/yr), with 4 years of growth and a dividend-safety grade of C. It's a solid income payer, but check the caveats below before buying.
Advantages
- Comfortable payout ratio (36%)
Risks
- Cut its dividend in 2022
- Dividend has been shrinking, not growing
- Share price is down over the past 5 years
Key Data
- Dividend Yield
- 4.99%
- Payout Ratio
- 36%
- Annual Dividend
- $1.92
- 5-Yr Avg Growth
- -3.8%
- Ex-Dividend Date
- Aug 28, 2026
- Years of Growth
- 4
- Frequency
- quarterly
- Beta
- 0.42
- Market Cap
- $7.3B
- P/E Ratio
- —
- 5-Yr Total Return
- -16%
- 52-Week Range
- $37.76 – $54.82
- Dividend Safety
- C · 64/100
- Ever Cut?
- Yes (2022)
Frequently Asked Questions
TAP Price — Last 12 Months
Daily close
Price Return
1 Year
-14%
3 Years
-39%
5 Years
-16%
52-Week Range
$37.76 – $54.82
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is TAP worth?
Undervaluedlow confidenceOur blended fair-value estimate for Molson Coors Beverage Company is $51.22 per share, versus a market price of $40.50. That implies 26% of upside — a margin of safety of about 21%.
Fair Value
$51.22
Current Price
$40.50
Upside
+26%
Margin of Safety
21%
How we get there
Dividend discount
Discounts the future dividend stream back to today.
At today's price, the market is pricing in about -10.0% annual free-cash-flow growth. We model 6.1% — below our estimate, leaving room for upside if the business executes.
Assumptions: 7.0% discount rate (CAPM), 6.1% stage-1 growth, 2.5% terminal growth, -$11.44 EPS, $1.92 annual dividend. Updated weekly.
Fair-value estimates are model output for educational purposes only — not investment advice or a price target.
TAP Dividend Safety Score
Borderline
SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.
Dividend Growth
Total dividends per share by year
Dividend History
| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| Aug 28, 2026 | — | $0.4800 | regular |
| May 29, 2026 | — | $0.4800 | regular |
| Mar 6, 2026 | — | $0.4800 | regular |
| Dec 5, 2025 | — | $0.4700 | regular |
| Sep 5, 2025 | — | $0.4700 | regular |
| Jun 6, 2025 | — | $0.4700 | regular |
| Feb 27, 2025 | — | $0.4700 | regular |
| Dec 6, 2024 | — | $0.4400 | regular |
| Aug 30, 2024 | — | $0.4400 | regular |
| Jun 7, 2024 | — | $0.4400 | regular |
| Feb 29, 2024 | — | $0.4400 | regular |
| Nov 30, 2023 | — | $0.4100 | regular |
| Aug 31, 2023 | — | $0.4100 | regular |
| Jun 1, 2023 | — | $0.4100 | regular |
Income Calculator
At $1.92 / yr per share
