Molson Coors Canada (TSX:TPX.B) Dividend Payout Ratio

: 0.86 (As of Dec. 2023)

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Molson Coors Canada's dividend payout ratio for the months ended in Dec. 2023 was 0.86.

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

TSX:TPX.B' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.14 Med: 0.37 Max: 0.73
Current: 0.37

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.

TSX:TPX.B's Dividend Payout Ratio is ranked better than
62.3% of 122 companies
in the Beverages - Alcoholic industry
Industry Median: 0.47 vs TSX:TPX.B: 0.37

As of today (2024-04-19), the Dividend Yield % of Molson Coors Canada is 2.54%.

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

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

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.

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.

The growth rate is calculated with least square regression.

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

Molson Coors Canada Dividend Payout Ratio Historical Data

The historical data trend for Molson Coors Canada'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.

* Premium members only.

Molson Coors Canada Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dividend Payout Ratio

0.54

0.37

0.14

0.73

0.37

Molson Coors Canada Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Dividend Payout Ratio																2.48	1.24	0.26	0.19	0.86

Competitive Comparison

For the Beverages - Brewers subindustry, Molson Coors Canada'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.

Molson Coors Canada Dividend Payout Ratio Distribution

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

* The bar in red indicates where Molson Coors Canada's Dividend Payout Ratio falls into.

Molson Coors Canada Dividend Payout Ratio Calculation

Dividend payout ratio measures the percentage of the company's earnings paid out as dividends.

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

Dividend Payout Ratio	=	Dividends per Share (A: Dec. 2023 )	/	EPS without NRI (A: Dec. 2023 )
	=	2.171	/	5.863
	=	0.37

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

Molson Coors Canada (TSX:TPX.B) Dividend Payout Ratio Explanation

In dividends investing, 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.

Molson Coors Canada Dividend Payout Ratio Related Terms

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

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Alcoholic » Molson Coors Canada Inc (TSX:TPX.B) » Definitions » Dividend Payout Ratio

Comparable Companies

Traded in Other Exchanges

TPX.A:Canada

Address

33 Carlingview Drive, Toronto, ON, CAN, M9W 5E4

Website

https://www.molsoncoors.com

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.B) Headlines

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