Molson Coors Beverage (TAP) Dividend History & Yield
Dividend ChallengerMolson Coors Beverage (TAP) has increased its dividend for 6 consecutive years and currently yields 4.42%. The most recent dividend was $0.4800/share on Mar 20, 2026, paid Quarterly.
Current Yield
4.42%
TTM Dividend/Share
$1.89
Payment Frequency
Quarterly
Payout Ratio
-17.6%
Consecutive Growth Years
6 (Dividend Challenger)
Div Growth (1Y CAGR)
6.82%
Div Growth (5Y CAGR)
26.96%
Div Growth (10Y CAGR)
1.38%
TAP: compare the "Now" marker to the 1Y / 3Y / 5Y averages on the scale. One valuation signal among many — review fundamentals before investing.
Dividend health
Chowder score
31.4%
FCF payout ratio
8.0%
Net debt / EBITDA
-3.8x
Interest coverage
-9.97x
ROIC (TTM)
-11.0%
Dividend Safety Score
4 out of 8 checks passed
Payout ratio below 75%
Payout ratio is -17.6%, well below the 75% threshold.
Free cash flow covers dividend
FCF/share ($5.47) covers dividend/share ($1.89).
No dividend cuts in 10+ years
1 dividend cut(s) in the last 10 years.
Positive earnings growth trend
Earnings per share have declined over the past 5 years.
10+ years of consecutive growth
Only 6 consecutive year(s) of dividend growth.
FCF payout ratio below 70%
FCF payout ratio is 8.0%, below the 70% threshold.
Net Debt/EBITDA below 3x
Net Debt/EBITDA is -3.8x.
Dividend growth ≤ earnings growth (5Y)
Dividend growth (27.0%) exceeds EPS growth (-15.6%) — payout ratio expanding.
Per-payment dividend history
Ex-date May 29, 2026
- Payment date
- Jun 12, 2026
- Dividend
- $0.4800
- Adj. dividend
- $0.4800
Ex-date Mar 6, 2026
- Payment date
- Mar 20, 2026
- Dividend
- $0.4800
- Adj. dividend
- $0.4800
Ex-date Dec 5, 2025
- Payment date
- Dec 19, 2025
- Dividend
- $0.4700
- Adj. dividend
- $0.4700
Ex-date Sep 5, 2025
- Payment date
- Sep 19, 2025
- Dividend
- $0.4700
- Adj. dividend
- $0.4700
Ex-date Jun 6, 2025
- Payment date
- Jun 20, 2025
- Dividend
- $0.4700
- Adj. dividend
- $0.4700
Ex-date Feb 27, 2025
- Payment date
- Mar 14, 2025
- Dividend
- $0.4700
- Adj. dividend
- $0.4700
Ex-date Dec 6, 2024
- Payment date
- Dec 20, 2024
- Dividend
- $0.4400
- Adj. dividend
- $0.4400
Ex-date Aug 30, 2024
- Payment date
- Sep 20, 2024
- Dividend
- $0.4400
- Adj. dividend
- $0.4400
Ex-date Jun 7, 2024
- Payment date
- Jun 21, 2024
- Dividend
- $0.4400
- Adj. dividend
- $0.4400
Ex-date Feb 29, 2024
- Payment date
- Mar 15, 2024
- Dividend
- $0.4400
- Adj. dividend
- $0.4400
Ex-date Nov 30, 2023
- Payment date
- Dec 15, 2023
- Dividend
- $0.4100
- Adj. dividend
- $0.4100
Ex-date Aug 31, 2023
- Payment date
- Sep 15, 2023
- Dividend
- $0.4100
- Adj. dividend
- $0.4100
| Ex-Date | Payment Date | Dividend | Adj. Dividend |
|---|---|---|---|
| May 29, 2026 | Jun 12, 2026 | $0.4800 | $0.4800 |
| Mar 6, 2026 | Mar 20, 2026 | $0.4800 | $0.4800 |
| Dec 5, 2025 | Dec 19, 2025 | $0.4700 | $0.4700 |
| Sep 5, 2025 | Sep 19, 2025 | $0.4700 | $0.4700 |
| Jun 6, 2025 | Jun 20, 2025 | $0.4700 | $0.4700 |
| Feb 27, 2025 | Mar 14, 2025 | $0.4700 | $0.4700 |
| Dec 6, 2024 | Dec 20, 2024 | $0.4400 | $0.4400 |
| Aug 30, 2024 | Sep 20, 2024 | $0.4400 | $0.4400 |
| Jun 7, 2024 | Jun 21, 2024 | $0.4400 | $0.4400 |
| Feb 29, 2024 | Mar 15, 2024 | $0.4400 | $0.4400 |
| Nov 30, 2023 | Dec 15, 2023 | $0.4100 | $0.4100 |
| Aug 31, 2023 | Sep 15, 2023 | $0.4100 | $0.4100 |
Historical Dividend Yield
Dividend Growth
Dividend Increase Track Record
Molson Coors Beverage has raised its total annual dividend (split-adjusted, by ex-dividend calendar year) versus the prior year for 6 consecutive years — the same figure as the "Consecutive Growth Years" card above.
| Year | Previous DPS | New DPS | Change |
|---|---|---|---|
| 2026 | $1.8800 | — | — |
| 2025 | $1.7600 | $1.8800 | +6.8% |
| 2024 | $1.6400 | $1.7600 | +7.3% |
| 2023 | $1.5200 | $1.6400 | +7.9% |
| 2022 | $0.6800 | $1.5200 | +123.5% |
| 2021 | $0.5700 | $0.6800 | +19.3% |
| 2020 | $1.9600 | $0.5700 | -70.9% |
| 2019 | $1.6400 | $1.9600 | +19.5% |
| 2018 | $1.6400 | $1.6400 | 0.0% |
| 2017 | $1.6400 | $1.6400 | 0.0% |
| 2016 | $1.6400 | $1.6400 | 0.0% |
| 2015 | $1.4800 | $1.6400 | +10.8% |
| 2014 | $1.2800 | $1.4800 | +15.6% |
| 2013 | $1.2800 | $1.2800 | 0.0% |
| 2012 | $1.2400 | $1.2800 | +3.2% |
| 2011 | $1.0800 | $1.2400 | +14.8% |
| 2010 | $0.9200 | $1.0800 | +17.4% |
| 2009 | $0.7600 | $0.9200 | +21.1% |
| 2008 | $0.6400 | $0.7600 | +18.8% |
| 2007 | $0.6400 | $0.6400 | 0.0% |
| 2006 | $0.6400 | $0.6400 | 0.0% |
| 2005 | $0.4100 | $0.6400 | +56.1% |
| 2004 | $0.4100 | $0.4100 | 0.0% |
| 2003 | $0.4100 | $0.4100 | 0.0% |
| 2002 | $0.4000 | $0.4100 | +2.5% |
| 2001 | $0.3600 | $0.4000 | +11.1% |
| 2000 | $0.3225 | $0.3600 | +11.6% |
| 1999 | $0.3000 | $0.3225 | +7.5% |
| 1998 | $0.2750 | $0.3000 | +9.1% |
| 1997 | $0.2500 | $0.2750 | +10.0% |
| 1996 | $0.2500 | $0.2500 | 0.0% |
| 1995 | $0.2190 | $0.2500 | +14.2% |
| 1994 | $0.2500 | $0.2190 | -12.4% |
| 1993 | $0.2500 | $0.2500 | 0.0% |
| 1992 | $0.2500 | $0.2500 | 0.0% |
| 1991 | $0.2500 | $0.2500 | 0.0% |
| 1990 | $0.1875 | $0.2500 | +33.3% |
| 1989 | $0.2450 | $0.1875 | -23.5% |
| 1988 | — | $0.2450 | — |
DPS sums split-adjusted amounts (adj. dividend) by ex-dividend calendar year—the same basis as the Adj. Dividend column in Dividend Payment History. The Dividend column can differ after stock splits. This table uses four decimals per annual total so the Change column matches the shown amounts; each payment row in Dividend Payment History also uses four.
Cash dividends paid (USD) — TTM and history
Trailing-twelve-month and annual common dividends paid for Molson Coors Beverage (TAP) from the consolidated cash flow statement, in USD as filed.
Latest period
$370.70M
YoY change
+1.9%
5Y CAGR
+24.6%
Peak year (2019)
$424.40M
Latest annual
$376.30M
Cash dividends paid over time for Molson Coors Beverage (TAP)
Per-period cash dividends paid
Cash dividends paid annual + quarterly history for Molson Coors Beverage (TAP)
| Fiscal year | Period ended | Reported | Dividends Paid | YoY | YoY change |
|---|---|---|---|---|---|
| 2025 | $376.30M | +1.9% | +$7.10M | ||
| 2024 | $369.20M | +4.1% | +$14.50M | ||
| 2023 | $354.70M | +7.7% | +$25.40M | ||
| 2022 | $329.30M | +122.8% | +$181.50M | ||
| 2021 | $147.80M | +18.0% | +$22.50M | ||
| 2020 | $125.30M | -70.5% | -$299.10M | ||
| 2019 | $424.40M | +19.8% | +$70.20M | ||
| 2018 | $354.20M | +0.2% | +$800,000 | ||
| 2017 | $353.40M | +0.1% | +$500,000 | ||
| 2016 | $352.90M | +16.3% | +$49.50M | ||
| 2015 | $303.40M | +10.9% | +$29.80M | ||
| 2014 | $273.60M | +16.6% | +$39.00M | ||
| 2013 | $234.60M | +1.0% | +$2.40M | ||
| 2012 | $232.20M | +1.8% | +$4.10M | ||
| 2011 | $228.10M | +13.4% | +$27.00M | ||
| 2010 | $201.10M | +18.0% | +$30.70M | ||
| 2009 | $170.40M | +22.5% | +$31.30M | ||
| 2008 | $139.10M | +21.2% | +$24.32M | ||
| 2007 | $114.78M | +3.8% | +$4.22M | ||
| 2006 | $110.56M | +0.5% | +$603,000 | ||
| 2005 | $109.96M | +260.1% | +$79.42M | ||
| 2004 | $30.54M | +2.4% | +$715,000 | ||
| 2003 | $29.82M | +0.5% | +$151,000 | ||
| 2002 | $29.67M | +0.5% | +$159,000 | ||
| 2001 | $29.51M | +11.1% | +$2.95M | ||
| 2000 | $26.56M | +11.9% | +$2.82M | ||
| 1999 | $23.75M | +8.5% | +$1.85M | ||
| 1998 | $21.89M | +6.7% | +$1.37M | ||
| 1997 | $20.52M | +8.1% | +$1.54M | ||
| 1996 | $18.98M | -0.4% | -$83,000 | ||
| 1995 | $19.07M | -0.4% | -$80,000 | ||
| 1994 | $19.15M | +0.8% | +$146,000 | ||
| 1993 | $19.00M | +1.1% | +$199,000 | ||
| 1992 | $18.80M | +0.5% | +$101,000 | ||
| 1991 | $18.70M | +0.5% | +$100,000 | ||
| 1990 | $18.60M | +1.1% | +$200,000 | ||
| 1989 | $18.40M | — | — |
2025's annual dividends paid for Molson Coors Beverage (TAP) came in at $376.30M – edged up 1.9% year-over-year.
Over 2020–2025 (5 years), Molson Coors Beverage dividends paid expanded at a +24.6% compound annual rate, sustaining 5 straight years of year-over-year growth.
Molson Coors Beverage dividends paid declined from $424.40M in 2019 to $376.30M in 2025, a 11.3% drawdown.
$424.40M stands as the all-time-high annual dividends paid, posted in 2019, against a low of $18.40M during 1989.
Molson Coors Beverage (TAP) sits 8th of 8 Consumer Defensive peers we track on this metric, against a peer median of $7.57B.
Molson Coors Beverage Dividends Paid 2025: $376.30M
Molson Coors Beverage dividends paid in 2025 was $376.30M, edged up 1.9% from 2024.
Molson Coors Beverage Dividends Paid 2024: $369.20M
Molson Coors Beverage dividends paid in 2024 was $369.20M, edged up 4.1% from 2023.
Molson Coors Beverage Dividends Paid 2023: $354.70M
Molson Coors Beverage dividends paid in 2023 was $354.70M, grew 7.7% from 2022.
Molson Coors Beverage Dividends Paid 2022: $329.30M
Molson Coors Beverage dividends paid in 2022 was $329.30M, surged 122.8% from 2021.
Molson Coors Beverage Dividends Paid 2021: $147.80M
Molson Coors Beverage dividends paid in 2021 was $147.80M.
See more financial history for Molson Coors Beverage (TAP).
Sector peers by dividends paid
Companies in the same sector as Molson Coors Beverage, ranked by their latest dividends paid.
| Company | Dividends Paid | Sector |
|---|---|---|
| Procter & Gamble (PG) | $9.87B | Consumer Defensive |
| Coca-Cola (KO) | $8.78B | Consumer Defensive |
| Philip Morris International (PM) | $8.62B | Consumer Defensive |
| PepsiCo (PEP) | $7.64B | Consumer Defensive |
| Walmart (WMT) | $7.51B | Consumer Defensive |
| Altria Group (MO) | $6.96B | Consumer Defensive |
| Costco (COST) | $2.18B | Consumer Defensive |
| Monster Beverage (MNST) | $0 | Consumer Defensive |
Frequently asked questions
Does Molson Coors Beverage pay dividends?
Yes, Molson Coors Beverage (TAP) pays quarterly dividends of approximately $1.89 per share annually, yielding 4.42%.
What is Molson Coors Beverage's dividend yield?
Molson Coors Beverage (TAP) has a current dividend yield of 4.42%.
Is Molson Coors Beverage's dividend safe?
Molson Coors Beverage (TAP) passes 4 out of 8 dividend safety checks. See the detailed breakdown above for each criterion.
How many consecutive years has Molson Coors Beverage increased its dividend?
Molson Coors Beverage (TAP) has 6 consecutive years of dividend increases.
What is Molson Coors Beverage's dividend payout ratio?
Molson Coors Beverage (TAP) has a dividend payout ratio of -17.6%. Sourced from vendor ratio data (fiscal year or latest period).
What is Molson Coors Beverage's dividends paid?
Latest reported dividends paid for Molson Coors Beverage (TAP) is $370.70M (period ending March 31, 2026).
How has Molson Coors Beverage dividends paid changed year-over-year?
Molson Coors Beverage (TAP) dividends paid changed +1.9% year-over-year on the latest annual filing.
What is the long-term growth rate of Molson Coors Beverage dividends paid?
Molson Coors Beverage (TAP) dividends paid compound annual growth rate is +24.6% over the most recent 5 years available.
When did Molson Coors Beverage dividends paid hit its highest annual value?
Molson Coors Beverage dividends paid reached its highest annual value of $424.40M in 2019.
What was Molson Coors Beverage dividends paid in 2024?
Molson Coors Beverage (TAP) dividends paid in 2024 was $369.20M.
What was Molson Coors Beverage dividends paid in 2025?
Molson Coors Beverage (TAP) dividends paid in 2025 was $376.30M.
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