NEW YORK (

TheStreet

) -- The ex-dividend date for

Molson Coors Brewing Company

(NYSE:

TAP

) is tomorrow, May 30, 2012. Owners of shares as of market close today will be eligible for a dividend of 32 cents per share. At a price of $39.89 as of 9:30 a.m. ET, the dividend yield is 3.2%.

The average volume for Molson Coors Brewing has been 1.5 million shares per day over the past 30 days. Molson Coors Brewing has a market cap of $6.2 billion and is part of the

consumer goods

sector and

food & beverage

industry. Shares are down 8.6% year to date as of the close of trading on Friday.

Molson Coors Brewing Company manufactures and sells beer and other beverage products. The company has a P/E ratio of 10.9, below the average food & beverage industry P/E ratio of 11 and below the S&P 500 P/E ratio of 17.7.

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TheStreet Ratings rates Molson Coors Brewing as a

buy

. 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, reasonable valuation levels, good cash flow from operations and expanding profit margins. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity. You can view the full

Molson Coors Brewing Ratings Report

.

See our

dividend calendar

or

top-yielding stocks list

.

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