DENVER & MONTREAL--(BUSINESS WIRE)--
Molson Coors Brewing Company (NYSE: TAP) today declared a regular
quarterly dividend on its Class A and Class B common shares of US$0.41
per share, payable March 15, 2017, to shareholders of record on February
28, 2017. The quarterly dividend is payable to holders of Class A and
Class B common stock of Molson Coors Brewing Company.
In addition, Molson Coors Canada Inc. (TSX: TPX.B, TPX.A), declared a
quarterly dividend of approximately CDN$0.53 (the Canadian dollar
equivalent of the dividend declared on Molson Coors stock), payable
March 15, 2017, to its Class A and Class B exchangeable shareholders of
record on February 28, 2017. The dividends declared in respect of the
Class A and Class B Exchangeable Shares are eligible dividends for
Canadian tax purposes.
Overview of Molson Coors
With a story that starts in 1774, Molson Coors has spent centuries
defining brewing greatness. As the third largest global brewer, Molson
Coors works to deliver extraordinary brands that delight the world’s
beer drinkers. From Coors Light, Miller Lite, Carling, Staropramen and
Sharp’s Doom Bar to Leinenkugel’s Summer Shandy, Blue Moon Belgian
White, Pilsner Urquell, Creemore Springs Premium Lager and Smith & Forge
Hard Cider, Molson Coors offers a beer for every beer lover.
Molson Coors operates through Molson Coors Canada, MillerCoors, Molson
Coors Europe and Molson Coors International. The company is not only
committed to brewing extraordinary beers, but also running a business
focused on respect for its employees, communities and drinkers, which
means corporate responsibility and accountability right from the start.
It has been listed on the Dow Jones Sustainability World Index for the
past five years. To learn more about Molson Coors Brewing Company, visit
molsoncoors.com, ourbeerprint.com or on Twitter through @MolsonCoors.
About Molson Coors Canada Inc.
Molson Coors Canada Inc. (MCCI) is a subsidiary of Molson Coors Brewing
Company (MCBC). MCCI’s Class A and Class B exchangeable shares offer
substantially the same economic and voting rights as the respective
classes of common shares of MCBC, as described in MCBC’s annual proxy
statement and Form 10-K filings with the U.S. Securities and Exchange
Commission. Specifically, the trustee holder of MCBC’s special Class A
voting stock and the special Class B voting stock has the right to cast
a number of votes equal to the number of then outstanding Class A
exchangeable shares and Class B exchangeable shares, respectively.
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Source: Molson Coors