Molson Coors Brewing Company (TAP) Ex-Dividend Date Scheduled for May 29, 2013

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Molson Coors Brewing Company ( TAP ) will begin trading ex-dividend on May 29, 2013. A cash dividend payment of $0.32 per share is scheduled to be paid on June 17, 2013. Shareholders who purchased TAP stock prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 9th quarter that TAP has paid the same dividend. At the current stock price of $51.56, the dividend yield is 2.48%.

The previous trading day's last sale of TAP was $51.56, representing a -3.36% decrease from the 52 week high of $53.35 and a 35.83% increase over the 52 week low of $37.96.

TAP is a part of the Consumer Non-Durables sector, which includes companies such as Fomento Economico Mexicano S.A.B. de C.V. ( FMX ) and Coca-Cola Company ( KO ). TAP's current earnings per share, an indicator of a company's profitability, is $2.19. Zacks Investment Research reports TAP's forecasted earnings growth in 2013 as 1.61%, compared to an industry average of 14.4%.

For more information on the declaration, record and payment dates, visit the TAP Dividend History page.

Interested in gaining exposure to TAP through an Exchange Traded Fund [ETF]?
The following ETF(s) have TAP as a top-10 holding:

  • First Trust Cons. Staples AlphaDEX ( FXG )
  • First Trust Value Line Dividend Index Fund ( FVD )
  • Guggenheim Russell MidCap Equal Weight ETF ( EWRM ).

The top-performing ETF of this group is FXG with an increase of 25.57% over the last 100 days. It also has the highest percent weighting of TAP at 4.68%.



The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.



This article appears in: News Headlines , Stocks

Referenced Stocks: EWRM , FMX , FVD , FXG , KO , TAP

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