Molson Coors released its Q1 results this month

Molson Coors released its Q1 results this month

Molson Coors has confirmed details of its latest dividend payment.

The brewer said yesterday (20 May) that it will pay US$0.37 per share in cash as a regular dividend payment. The dividend will be issued on 16 June to shareholders of record on 30 May. 

Molson Coors Canada said it will pay the Canadian dollar equivalent within the same time frame.

In first-quarter results released this month, Molson Coors' sales slipped, but profits were boosted by a one-off sum from the cancellation of its Canadian joint-venture with Anheuser-Busch InBev-owned Grupo Modelo