Molson Coors Brewing (TAP) Reinstates, Declares $0.34 Quarterly Dividend; Pay Off Senior Notes, Reaffirms Outlook

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Go back to Molson Coors Brewing (TAP) Reinstates, Declares $0.34 Quarterly Dividend; Pay Off Senior Notes, Reaffirms Outlook

Molson Coors Beverage Company Reinstates the Payment of a Regular Quarterly Dividend; Repays in full its $1 billion 2.1% Senior Notes due on July 15, 2021; Reaffirms 2021 Financial Outlook

July 15, 2021 6:03 PM EDT

GOLDEN, Colo. & MONTREAL--(BUSINESS WIRE)-- Molson Coors Beverage Company (NYSE: TAP, TAP.A) today announced the company will reinstate its practice of paying regular quarterly dividends, that it has paid off in full the $1 billion 2.1% senior notes due on July 15, 2021 and again reaffirmed its full year 2021 guidance.

Just over 18 months into our revitalization plan, we continue to execute and advance towards our long-term goal of sustainable topline growth, said Molson Coors President and CEO Gavin Hattersley. Because of the work done through our revitalization plan, today we can reaffirm our full year guidance with confidence, while at the... More