Molson Coors Brewing Company (NYSE:TAP) has declared a regular quarterly dividend of $0.24 per share. The dividend is payable to shareholders of record on March 15, 2010. The record date is February 26, 2010. It is payable to holders of Class A and Class B common stock. Molson Coors Canada, Inc. (TSX:TPX) has also declared a quarterly dividend of CDN$0.25. It is payable on the same date, to shareholders of record as of the same date. For more information, contact Leah Ramsey, Molson Coors Brewing Investor Relations, at 303.927.2397.
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Molson Coors Brewing Company (MCBC) is a holding company. The Company’s operating subsidiaries include Molson Canada (Molson), operating in Canada; Coors Brewing Company (CBC), operating in the United States prior to the formation of MillerCoors LLC (MillerCoors); Coors Brewers Limited (CBL), operating in the United Kingdom and Ireland, and other corporate entities. Effective July 1, 2008, MCBC and SABMiller plc (SABMiller) combined the United States and Puerto Rico operations of their respective subsidiaries, CBC and Miller Brewing Company (Miller), in the MillerCoors joint venture. MCBC operates the four business segments: Canada, the United States, the United Kingdom, and Global Brand and Market Development (Global Markets). Effective, January 1, 2008, Molson and Grupo Modelo, S.A.B. de C.V. (Modelo) established a 50%/50% joint venture, Modelo Molson Imports, L.P. (MMI), to import, distribute, and market the Modelo beer brand portfolio across all Canadian provinces and territories.
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