US/CANADA: Molson Coors issues dividend details

By | 21 February 2007

Molson Coors has confirmed details of its quarterly dividend.

The North American brewer said yesterday (20 February) that it will pay a dividend to shareholders of US$0.32 per share. The payment will be made on 15 March, the company said, to shareholders of record on 28 February.

The quarterly dividend is payable to holders of Class A and Class B common stock of Molson Coors, as well as to holders of Class A and Class B exchangeable shares of Molson Coors Canada.

Last week, Molson Coors reported its financial results for 2006. Sales rose 4.1% to US$5.8bn, while ncome from continuing operations totalled $373.6m.

Excluding one-time items, 2006 after-tax income from continuing operations was $369.1m, a 26.4% pro forma increase on 2005.

Sectors: Beer & cider

Companies: Molson Coors

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