Molson Coors Canada About To Put More Money In Your Pocket (TPX-A)

On 2/26/14, Molson Coors Canada (TSX: TPX-A.TO) will trade ex-dividend, for its quarterly dividend of $0.4063, payable on 3/17/14. As a percentage of TPX.A's recent stock price of $61.00, this dividend works out to approximately 0.67%, so look for shares of Molson Coors Canada to trade 0.67% lower — all else being equal — when TPX.A shares open for trading on 2/26/14.

Below is a dividend history chart for TPX.A, showing historical dividends prior to the most recent $0.4063 declared by Molson Coors Canada:

TPX.A+Dividend+History+Chart

In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from TPX.A is likely to continue, and whether the current estimated yield of 2.66% on annualized basis is a reasonable expectation of annual yield going forward.

In Monday trading, Molson Coors Canada shares are currently trading flat on the day.

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