Molson Coors Beverage Company
TAP-AConsumer Defensive · Stock · quarterly payer
$44.74
Add to PortfolioForward Yield
4.25%
Annual Dividend
$1.92
Payout Ratio
36%
5-Yr Growth
-3.8%
Ex-Date
May 29, 2026
Frequency
Quarterly
TAP-A Dividend Safety Score
58/ 100
Grade C
Borderline
Dividend-growth streak3 consecutive years of growth
Cut historyCut its dividend in 2022
Earnings payout coverage36% of earnings paid out
Free-cash-flow coverage1% of free cash flow
Balance-sheet strengthDebt/equity of 0.63
Yield vs its historyYield is 1.7× its 5-yr average — elevated
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
Is TAP-A a good dividend stock?
Yes, with caveatsMolson Coors Beverage Company (TAP-A) pays a quarterly dividend yielding 4.25% ($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
- 4.25%
- Payout Ratio
- 36%
- Annual Dividend
- $1.92
- 5-Yr Avg Growth
- -3.8%
- Ex-Dividend Date
- May 29, 2026
- Years of Growth
- 4
- Frequency
- quarterly
- Beta
- 0.42
- Market Cap
- $8.4B
- P/E Ratio
- —
- 5-Yr Total Return
- -22%
- 52-Week Range
- $39.96 – $58.93
- Dividend Safety
- C · 58/100
- Ever Cut?
- Yes (2022)
Frequently Asked Questions
Dividend History
| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| 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 |
| Mar 2, 2023 | — | $0.4100 | regular |
Income Calculator
At $1.92 / yr per share
Per payment (quarterly)$48.00
Annual$192.00
Monthly avg$16.00
