Molson Coors Beverage (NYSE:TAP – Get Free Report) will be releasing its earnings data before the market opens on Tuesday, August 6th. Analysts expect Molson Coors Beverage to post earnings of $1.74 per share for the quarter. Persons that wish to listen to the company’s earnings conference call can do so using this link.
Molson Coors Beverage Price Performance
Shares of TAP opened at $52.89 on Monday. The company has a debt-to-equity ratio of 0.40, a quick ratio of 0.47 and a current ratio of 0.69. The stock has a 50 day simple moving average of $51.85 and a 200 day simple moving average of $58.85. Molson Coors Beverage has a 52-week low of $49.19 and a 52-week high of $69.18. The firm has a market capitalization of $11.21 billion, a PE ratio of 10.58, a P/E/G ratio of 2.26 and a beta of 0.81.
Molson Coors Beverage Announces Dividend
The firm also recently disclosed a quarterly dividend, which will be paid on Friday, September 20th. Investors of record on Friday, August 30th will be given a $0.44 dividend. The ex-dividend date of this dividend is Friday, August 30th. This represents a $1.76 annualized dividend and a dividend yield of 3.33%. Molson Coors Beverage’s dividend payout ratio is presently 35.20%.
Wall Street Analyst Weigh In
View Our Latest Analysis on Molson Coors Beverage
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, spirits and energy, and ready to drink beverages.
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