By Rob Otman Molson Coors (NYSE: TAP) dividend yield has climbed with the recent market drop. Since the start of the year, it’s climbed from below 3% to over 5%. Now that we’ve likely entered a recession, many companies will see a decrease in sales. Although, alcohol stocks tend to do relatively well during a downturn.
Molson falls under the Consumer Staple Stocks category. If you’d like to, you can open that link to see 20 other stocks with reliable dividends. And today, we’re going to look at TAP dividend history. But first, let’s look at the company overview.
Molson Coors Business Overview
Molson Coors is …read more