Constellation Brands, Inc., together with its subsidiaries, produces, imports, markets, and sells beer, wine, and spirits in the United States, Canada, Mexico, New Zealand, and Italy. It provides beer primarily under the Corona Extra, Corona Premier, Corona Familiar, Corona Light, Corona Refresca, Corona Hard Seltzer, Modelo Especial, Modelo Negra, Modelo Chelada, Pacifico, and Victoria brands. The company offers wine under the 7 Moons, Cook's California Champagne, Cooper & Thief, Crafters Union, Kim Crawford, Meiomi, Mount Veeder, Ruffino, SIMI, The Dreaming Tree, Charles Smith, The Prisoner Wine Company, Robert Mondavi, My Favorite Neighbor, and Schrader; and spirits under the Casa Noble, Copper & Kings, High West, Mi CAMPO, Nelson's Green Brier, and SVEDKA brands. It provides its products to wholesale distributors, retailers, on-premise locations, and state alcohol beverage control agencies. Constellation Brands, Inc. was founded in 1945 and is headquartered in Victor, New York.
Constellation Brands Dividend Announcement
• Constellation Brands announced a quarterly dividend of $1.01 per ordinary share which will be made payable on 2024-11-21. Ex dividend date: 2024-11-05
• Constellation Brands annual dividend for 2024 was $3.92
• Constellation Brands annual dividend for 2023 was $3.47
• Constellation Brands's trailing twelve-month (TTM) dividend yield is 2.1%
• Constellation Brands's payout ratio for the trailing twelve months (TTM) is 119.90%
• Constellation Brands's dividend growth over the last five years (2018-2023) was 4.84% year
Constellation Brands Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-11-05 | $1.01 | quarterly | 2024-11-21 |
2024-08-14 | $1.01 | quarterly | 2024-08-23 |
2024-05-02 | $1.01 | quarterly | 2024-05-17 |
2024-02-07 | $0.89 | quarterly | 2024-02-22 |
2023-11-02 | $0.89 | quarterly | 2023-11-17 |
2023-08-09 | $0.89 | quarterly | 2023-08-24 |
2023-05-03 | $0.89 | quarterly | 2023-05-18 |
2023-02-07 | $0.80 | quarterly | 2023-02-22 |
2022-11-03 | $0.80 | quarterly | 2022-11-18 |
2022-08-09 | $0.80 | quarterly | 2022-08-24 |
2022-05-04 | $0.80 | quarterly | 2022-05-19 |
2022-02-08 | $0.76 | quarterly | 2022-02-23 |
2021-11-04 | $0.76 | quarterly | 2021-11-19 |
2021-08-09 | $0.76 | quarterly | 2021-08-24 |
2021-05-03 | $0.76 | quarterly | 2021-05-18 |
2021-02-08 | $0.75 | quarterly | 2021-02-23 |
2020-11-05 | $0.75 | quarterly | 2020-11-20 |
2020-08-10 | $0.75 | quarterly | 2020-08-25 |
2020-05-04 | $0.75 | quarterly | 2020-05-19 |
2020-02-10 | $0.75 | quarterly | 2020-02-25 |
2019-11-07 | $0.75 | quarterly | 2019-11-22 |
2019-08-12 | $0.75 | quarterly | 2019-08-27 |
2019-05-09 | $0.75 | quarterly | 2019-05-24 |
2019-02-11 | $0.74 | quarterly | 2019-02-26 |
2018-11-05 | $0.74 | quarterly | 2018-11-20 |
2018-08-09 | $0.74 | quarterly | 2018-08-24 |
2018-05-09 | $0.74 | quarterly | 2018-05-24 |
2018-02-08 | $0.52 | quarterly | 2018-02-23 |
2017-11-06 | $0.52 | quarterly | 2017-11-21 |
2017-08-07 | $0.52 | quarterly | 2017-08-23 |
2017-05-08 | $0.52 | quarterly | 2017-05-24 |
2017-02-07 | $0.40 | quarterly | 2017-02-23 |
2016-11-04 | $0.40 | quarterly | 2016-11-22 |
2016-08-08 | $0.40 | quarterly | 2016-08-24 |
2016-05-06 | $0.40 | quarterly | 2016-05-24 |
2016-02-05 | $0.31 | quarterly | 2016-02-24 |
2015-11-05 | $0.31 | quarterly | 2015-11-24 |
2015-08-07 | $0.31 | quarterly | 2015-08-25 |
2015-05-06 | $0.31 | quarterly | 2015-05-22 |
Constellation Brands Dividend per year
Constellation Brands Dividend growth
Constellation Brands Dividend Yield
Constellation Brands current trailing twelve-month (TTM) dividend yield is 2.1%. Interested in purchasing Constellation Brands stock? Use our calculator to estimate your expected dividend yield:
Constellation Brands Financial Ratios
Constellation Brands Dividend FAQ
Other factors to consider when evaluating Constellation Brands as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
Place an order: Use the brokerage's trading platform to place an order to buy Constellation Brands stock.
Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
1. Determination of Dividend: Constellation Brands's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, Constellation Brands publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, Constellation Brands distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from Constellation Brands are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
1. Record Date: Constellation Brands sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, Constellation Brands distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Constellation Brands declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
To assess the safety of Constellation Brands's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review Constellation Brands's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.