Molson Coors Brewing Co has proposed a near-17% rise in the quarterly dividend on its Class A and Class B common shares.

The Canada-based brewer’s board proposed yesterday (3 May) to raise the dividend by $0.04 to US$0.28 per share. This is equivalent to an annual dividend of US$1.12 per share, up from US$0.96 in the previous year, the brewer said.

The quarterly dividend is payable from  15 June to shareholders of record as of 28 May.

Molson Coors Canada also declared a 17% rise for its quarterly dividend on Class A and Class B exchangeable shares, to approximately CDN$0.28. The dividend is the Canadian equivalent of the dividend declared on the Molson Coors Brewing Co stock.

“Given our strong free cash flow, we are pleased to be in a position to increase our cash returns to shareholders while continuing to invest in the business,” said Peter Swinburn, president and CEO of Molson Coors.

Subscribe to Just Drinks for just £1 for 1 month

Stay ahead with unbiased news, expert commentary, and in-depth features on global topics.

GlobalData Strategic Intelligence

US Tariffs are shifting - will you react or anticipate?

Don’t let policy changes catch you off guard. Stay proactive with real-time data and expert analysis.

By GlobalData

As a trusted provider of data and insights, Just Drinks collaborates closely with industry leaders and professionals to offer unique thought leadership and analysis. Gain a deeper understanding of the apparel industry’s trajectory and the priorities shaping the profession.

What’s included in your subscription:
  • Personalized Access: Secure login to Just Drinks
  • Industry News & Expert Commentary: Timely updates and exclusive C-level interviews.
  • Case Studies & Deep Dives: Real-world applications and in-depth analyses.
  • Exclusive Subscriber Newsletter: Weekly top features, plus a new thematic report and webinar.

Ready to stay informed?

Subscribe to unlock exclusive content.

Already a subscriber? Sign in to access your account.

Just Drinks Excellence Awards - Have you nominated?

Nominations are now open for the prestigious Just Drinks Excellence Awards - one of the industry's most recognised programmes celebrating innovation, leadership, and impact. This is your chance to showcase your achievements, highlight industry advancements, and gain global recognition. Don't miss the opportunity to be honoured among the best - submit your nomination today!

Nominate Now