Constellation Brands (TSX:STZ) Dividend Payout Ratio: 0.29 (As of May. 2026) — Near Median


TSX:STZ Constellation Brands Inc TSX:STZ
52 GF Score
Price C$10.80
GF Value C$16.33
Valuation Significantly Undervalued
! 3 Warning Signs
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What is Constellation Brands Dividend Payout Ratio?

Constellation Brands TSX:STZ -1.82% 52 Dividend Payout Ratio is 0.29 as of May. 2026, which is 3% below its 10-year median of 0.30. GuruFocus rates TSX:STZ with a GF Score™ of 52/100 and a GF Value™ of C$16.33 (Significantly Undervalued). The stock has 3 warning signs investors should review. Among 118 Beverages - Alcoholic companies, Constellation Brands ranks better than 73.73% on this metric.

The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period. Constellation Brands's Dividend Payout Ratio for the months ended in May. 2026 was 0.29.

The historical rank and industry rank for Constellation Brands's Dividend Payout Ratio or its related term are showing as below:

TSX:STZ' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.21   Med: 0.3   Max: 0.35
Current: 0.33

During the past 13 years, the highest Dividend Payout Ratio of Constellation Brands was 0.35. The lowest was 0.21. And the median was 0.30.

TSX:STZ's Dividend Payout Ratio is ranked better than
73.73% of 118 companies
in the Beverages - Alcoholic industry
Industry Median: 0.51 vs TSX:STZ: 0.33

As of today (2026-07-04), the Dividend Yield % of Constellation Brands is 3.03%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Constellation Brands was 3.18%. The lowest was 0.79%. And the median was 1.40%.

Constellation Brands's Dividends per Share for the months ended in May. 2026 was C$0.08.

During the past 12 months, Constellation Brands's average Dividends Per Share Growth Rate was 1.00% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 8.40% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 7.40% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 11.00% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Constellation Brands was 33.60% per year. The lowest was 0.90% per year. And the median was 9.15% per year.

The growth rate is calculated with least square regression.

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

* Please note that "special dividend" is not included in the calculation of dividend per share and related fields.

Constellation Brands (TSX:STZ) Dividend Payout Ratio Explanation

In dividends investing, Dividend Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

Constellation Brands Dividend Payout Ratio Related Terms

Constellation Brands Dividend Payout Ratio Historical Data

* Premium members only.

The historical data trend for Constellation Brands's Dividend Payout Ratio can be seen below:

* 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.

Constellation Brands Dividend Payout Ratio Chart

Constellation Brands Annual Data
Trend Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24 Feb25 Feb26
Dividend Payout Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.29 0.33

Constellation Brands Quarterly Data
Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26 May26
Dividend Payout Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.31 0.27 0.32 0.52 0.29

TSX:STZ vs TAP, SAM, BUD: Dividend Payout Ratio Comparison

For the Beverages - Brewers subindustry, Constellation Brands's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio 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.

Constellation Brands Dividend Payout Ratio vs Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, Constellation Brands's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Constellation Brands's Dividend Payout Ratio falls into.


TSX:STZ
52GF Score
Constellation Brands Inc TSX:STZ
Dividend Payout Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Constellation Brands Dividend Payout Ratio Calculation

The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period.

Constellation Brands's Dividend Payout Ratio for the fiscal year that ended in Feb. 2026 is calculated as

Dividend Payout Ratio=Dividends per Share (A: Feb. 2026 )/ EPS without NRI (A: Feb. 2026 )
=0.325/ 0.973
=0.33

Constellation Brands's Dividend Payout Ratio for the quarter that ended in May. 2026 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: May. 2026 )/ EPS without NRI (Q: May. 2026 )
=0.082/ 0.284
=0.29

* 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.

Frequently Asked Questions Learn more about Dividend Payout Ratio →
What does a Dividend Payout Ratio of 0.29 mean?
Constellation Brands (TSX:STZ) has a Dividend Payout Ratio of 0.29 as of May. 2026. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on Constellation Brands and its competitors. This is near median its historical median of 0.30. Over the past decade, Constellation Brands' Dividend Payout Ratio has ranged from 0.21 to 0.35. According to the industry distribution chart, Constellation Brands ranks #31 out of 118 companies in the Beverages - Alcoholic industry, placing it in the top 26.3%.
Is Constellation Brands' Dividend Payout Ratio too high?
Constellation Brands' current Dividend Payout Ratio of 0.29 is near median its 10-year median of 0.30. Over the past 10 years, this metric has ranged from a low of 0.21 to a high of 0.35. The Beverages - Alcoholic industry median Dividend Payout Ratio is 0.51. Constellation Brands' value of 0.29 is 43.1% below this industry median. Based on the distribution chart, Constellation Brands ranks #31 out of 118 companies in the Beverages - Alcoholic industry, which is above the industry midpoint. Overall, Constellation Brands has a GF Score™ of 52/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Constellation Brands' Dividend Payout Ratio compare to TAP and SAM?
According to the Beverages - Alcoholic industry distribution chart, Constellation Brands ranks #31 out of 118 companies for Dividend Payout Ratio. This puts Constellation Brands in the upper half of its industry. The industry median Dividend Payout Ratio is 0.51. Constellation Brands' value of 0.29 is 43.1% below this benchmark. Historically, Constellation Brands' own Dividend Payout Ratio has ranged from 0.21 to 0.35 over the past decade. While the company's 10-year median is 0.30 vs. the industry median of 0.51, Constellation Brands has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Dividend Payout Ratio for a Beverages - Alcoholic company?
The median Dividend Payout Ratio among Beverages - Alcoholic companies is 0.51, based on 118 companies in the industry. Companies in the top quartile (top 25%) have a Dividend Payout Ratio significantly above this median, while those in the bottom quartile fall well below. However, Dividend Payout Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Constellation Brands's current Dividend Payout Ratio of 0.29 is 43.1% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Dividend Payout Ratio mean?
A high Dividend Payout Ratio can signal that a stock is expensive relative to its fundamentals. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on Constellation Brands and its competitors. For the Beverages - Alcoholic industry, the median Dividend Payout Ratio is 0.51 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Constellation Brands's current Dividend Payout Ratio is 0.29, which is near median its own 10-year median of 0.30. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Constellation Brands stock overvalued right now?
Based on GuruFocus' analysis, Constellation Brands (TSX:STZ) is currently considered Significantly Undervalued. The stock's GF Value™ is C$16.33, compared to a current price of C$10.80 — trading 33.9% below its estimated fair value. The current Dividend Payout Ratio is 0.29, which is near median its 10-year median of 0.30 and 43.1% below the Beverages - Alcoholic industry median of 0.51. Constellation Brands' overall GF Score™ is 52/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Dividend Payout Ratio calculated?
Dividend Payout Ratio is calculated from a company's financial statements. For Constellation Brands (TSX:STZ), the current Dividend Payout Ratio is 0.29 as of May. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Constellation Brands (TSX:STZ) Overvalued in 2026?

Based on GuruFocus' analysis, Constellation Brands stock appears to be undervalued. The current stock price of C$10.80 is trading 33.9% below its estimated GF Value™ of C$16.33. GuruFocus considers Constellation Brands to be Significantly Undervalued.

Key valuation signals for TSX:STZ:

  • Dividend Payout Ratio: 0.29 (near median its 10-year median of 0.30)
  • GF Value™: C$16.33 vs. price of C$10.80 (33.9% below fair value)
  • GF Score™: 52/100 with 3 warning signs
  • Industry Position: 43.1% below the Beverages - Alcoholic median (#31 of 118)

No single metric tells the full story. See the TSX:STZ stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Constellation Brands Business Description

Address 50 East Broad Street, Rochester, NY, USA, 14614
Constellation Brands is the largest provider of alcoholic beverages across the beer, wine, and spirits categories in the US, generating more than 90% of revenue from Mexican beer imports under top-selling brands such as Modelo and Corona. The rest of the business includes some remaining wine and spirits brands, categories where the company has pruned assets in recent years. With its exclusive rights tied to the Mexican beer brands effective only in the US, the firm has limited revenue exposure to international markets. Constellation owns a 10% stake in Canopy Growth, a medicinal and recreational cannabis producer in Canada, and has a 50/50 joint venture with glass manufacturer Owens-Illinois in Mexico.
52GF Score

Get the complete analysis for TSX:STZ

Dividend Payout Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

C$10.80
Price
C$16.33
GF Value