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Molson Coors Canada (TSX:TPX.A) 3-Year Dividend Growth Rate : 44.70% (As of Dec. 2023)


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What is Molson Coors Canada 3-Year Dividend Growth Rate?

Molson Coors Canada's Dividends per Share for the three months ended in Dec. 2023 was C$0.55.

The historical rank and industry rank for Molson Coors Canada's 3-Year Dividend Growth Rate or its related term are showing as below:

TSX:TPX.A' s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: -29.9   Med: 7.8   Max: 44.7
Current: 44.7

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Molson Coors Canada was 44.70% per year. The lowest was -29.90% per year. And the median was 7.80% per year.

TSX:TPX.A's 3-Year Dividend Growth Rate is ranked better than
88.18% of 110 companies
in the Beverages - Alcoholic industry
Industry Median: 7.7 vs TSX:TPX.A: 44.70

During the past 12 months, Molson Coors Canada's average Dividends Per Share Growth Rate was 6.50% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 44.70% per year. During the past 5 years, the average Dividends Per Share Growth Rate was -1.50% per year. During the past 10 years, the average Dividends Per Share Growth Rate was -1.50% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.

Molson Coors Canada's Dividend Payout Ratio for the three months ended in Dec. 2023 was 0.86. As of today, Molson Coors Canada's Dividend Yield % is 2.37%.

For more information regarding to dividend, please check our Dividend Page.


Competitive Comparison of Molson Coors Canada's 3-Year Dividend Growth Rate

For the Beverages - Brewers subindustry, Molson Coors Canada's 3-Year Dividend Growth Rate, along with its competitors' market caps and 3-Year Dividend Growth Rate data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Molson Coors Canada's 3-Year Dividend Growth Rate Distribution in the Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, Molson Coors Canada's 3-Year Dividend Growth Rate distribution charts can be found below:

* The bar in red indicates where Molson Coors Canada's 3-Year Dividend Growth Rate falls into.



Molson Coors Canada 3-Year Dividend Growth Rate Calculation

This is the average annual rate that a company has been raising its dividends. The growth rate is calculated with expontential compound based on the latest four year annual data.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.


Molson Coors Canada  (TSX:TPX.A) 3-Year Dividend Growth Rate Explanation

1. Dividend Payout Ratio measures the percentage of the company's earnings paid out as dividends.

Molson Coors Canada's Dividend Payout Ratio for the quarter that ended in Dec. 2023 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Dec. 2023 )/ EPS without NRI (Q: Dec. 2023 )
=0.553/ 0.644
=0.86

During the past 13 years, the highest Dividend Payout Ratio of Molson Coors Canada was 0.73. The lowest was 0.14. And the median was 0.37.

2. Dividend Yield % measures how much a company pays out in dividends each year relative to its share price.

Molson Coors Canada Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
CAD 0.4400002024-02-292024-03-012024-03-15Cash DividendquarterlyCAD:CAD 1.000000
CAD 0.5600002023-11-302023-12-012023-12-15Cash DividendquarterlyCAD:CAD 1.000000
CAD 0.5300002023-08-312023-09-012023-09-15Cash DividendquarterlyCAD:CAD 1.000000
CAD 0.5500002023-06-012023-06-022023-06-15Cash DividendquarterlyCAD:CAD 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

Molson Coors Canada's Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=2.08/87.88
=2.37 %

Current Share Price is C$87.88.
Molson Coors Canada's Dividends per Share for the trailing twelve months (TTM) ended in Today is C$2.08.

During the past 13 years, the highest Dividend Yield of Molson Coors Canada was 5.80%. The lowest was 0.70%. And the median was 2.15%.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Molson Coors Canada 3-Year Dividend Growth Rate Related Terms>


Molson Coors Canada (TSX:TPX.A) Business Description

Traded in Other Exchanges
Address
33 Carlingview Drive, Toronto, ON, CAN, M9W 5E4
Molson Coors Canada Inc is a large global brewer and distributor of beer and other malt beverages. major brands include Coors Light, Miller Lite, Molson Canadian, Carling, Staropramen, Coors Banquet, Blue Moon, Vizzy, Leinenkugel, and Creemore. Its two segments are the Americas and EMEA&APAC segments. Americas segment operates in the U.S., Canada and various countries in the Caribbean, Latin and South America and EMEA&APAC segment operates in Bulgaria, Croatia, Czech Republic, Hungary, Montenegro, the Republic of Ireland, Romania, Serbia, the U.K., various other European countries, and certain countries within the Middle East, Africa and Asia Pacific. Its breweries are located across the U.S., Canada, and Europe, with the majority of the company's revenue generated in Americas.

Molson Coors Canada (TSX:TPX.A) Headlines

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