Constellation Brands hikes dividend by 1%

Constellation Brands (STZ) will hike its quarterly dividend by 1% to $1.02 quarterly per share in 2025. This marks the 10th consecutive year of increases by STZ.

At a stock price of $185.63 the dividend yield for Constellation Brands is 2.2%. The next dividend will be paid on May 15, 2025 with ex-dividend date April 29, 2025.

Constellation Brands, Inc. is an international beverage alcohol company. The Company is a producer and marketer of beer, wine and spirits with operations in the United States, Canada, Mexico, New Zealand and Italy. Constellation's imported brands include Corona Extra, Corona Light, Modelo Especial, Modelo Negra, Pacifico and Ballast Point. In addition, Constellation is the world leader in premium wine, selling brands including Robert Mondavi, Clos du Bois, Kim Crawford, Meiomi, Mark West, Black Box, Ruffino and The Prisoner. The company’s premium spirits brands include SVEDKA Vodka, Casa Noble Tequila and High West Whiskey.