Constellation Brands (STZ) Initiation of Dividend Payment is Credit-Negative Event - Moody's
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Price: $256.11 -0.93%
Overall Analyst Rating:
BUY (= Flat)
Dividend Yield: 1.6%
Revenue Growth %: +6.3%
Overall Analyst Rating:
BUY (= Flat)
Dividend Yield: 1.6%
Revenue Growth %: +6.3%
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Moody's Investors Service said today that Constellation Brands' (NYSE: STZ) announcement that it will initiate a quarterly cash dividend is credit negative, but that the company's Ba1/ SGL-3 ratings and stable outlook will not be affected.
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