Constellation Brands, Inc. Declares Cash Dividend on Class A, B, C Common Stock, Payable on February 25, 2020
January 08, 2020 at 08:38 am EST
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The Board of Directors of Constellation Brands, Inc. declared a quarterly cash dividend in the amount of $0.75 per issued and outstanding share of the company’s Class A Common Stock, $0.68 per issued and outstanding share of the Company’s Class B Common Stock, and $0.68 per issued and outstanding share of the company’s Class 1 Common Stock, in each case payable on February 25, 2020, to stockholders of record of each respective class as of the close of business on February 11, 2020.
Constellation Brands, Inc. is one of the leading American producers of wines, spirits and beers. Net sales (before intra-group eliminations) break down by family of products as follows:
- beer (76.2%): Corona Extra, Corona Light, Modelo Especial, Modelo Negra, Modelo Chelada, Pacifico and Victoria brands;
- wines (17.6%): Robert Mondavi, Simi, Mark Xest, Kim Crawford, Estancia, Clos du Bois, Black Box brands, etc.;
- spirits (2.7%): Svedka Vodka, Casa Noble and High West brands;
- other (3.5%).
The United States account for 97.3% of net sales.