Molson Coors Beverage (NYSE:TAP.A) Shares Up 1.9%

Molson Coors Beverage (NYSE:TAP.A)’s stock price was up 1.9% during mid-day trading on Wednesday . The stock traded as high as $59.10 and last traded at $59.10. Approximately 345 shares traded hands during trading, a decline of 61% from the average daily volume of 893 shares. The stock had previously closed at $58.00.

Molson Coors Beverage Price Performance

The business has a fifty day moving average price of $59.11 and a 200 day moving average price of $61.49.

Molson Coors Beverage (NYSE:TAP.A) last announced its quarterly earnings results on Tuesday, August 6th. The company reported $1.92 earnings per share (EPS) for the quarter. The business had revenue of $3.25 billion during the quarter.

Molson Coors Beverage Dividend Announcement

The business also recently announced 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. This represents a $1.76 dividend on an annualized basis and a dividend yield of 2.98%. The ex-dividend date is Friday, August 30th. Molson Coors Beverage’s dividend payout ratio (DPR) is 72.13%.

Molson Coors Beverage Company Profile

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.