NEW YORK (
) -- The ex-dividend date for
) is Monday, November 28, 2011. Owners of shares as of market close today will be eligible for a dividend of 32 cents per share. At a price of $38.06 as of 9:31 a.m. ET, the dividend yield is 3.4%.
The average volume for Molson Coors Brewing has been 1.3 million shares per day over the past 30 days. Molson Coors Brewing has a market cap of $6.05 billion and is part of the
industry. Shares are down 24% year to date as of the close of trading on Wednesday.
Molson Coors Brewing Company brews, markets, sells, and distributes beer brands. It sells its products in Canada, under the Coors Light, Molson, Rickard's Red, Carling, Pilsner, Keystone Light, Creemore Springs, and Granville Island brands. The company has a P/E ratio of 11.7, below the average food & beverage industry P/E ratio of 11.9 and below the S&P 500 P/E ratio of 17.7.
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TheStreet Ratings rates Molson Coors Brewing as a
. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures, attractive valuation levels, good cash flow from operations and expanding profit margins. We feel these strengths outweigh the fact that the company has had somewhat weak growth in earnings per share. You can view the full