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05 June
Ex-Dividend Reminder: Molson Coors Beverage, Tapestry and Bath & Body Works

Looking at the universe of stocks we cover at Dividend Channel, on 6/7/24, Molson Coors Beverage Co (Symbol: TAP), Tapestry Inc (Symbol: TPR), and Bath & Body Works Inc (Symbol: BBWI) will all trade ex-dividend for their respective upcoming dividends. Molson Coors Beverage Co will pay its quarterly dividend of $0.44 on 6/21/24, Tapestry Inc will pay its quarterly dividend of $0.35 on 6/24/24, and Bath & Body Works Inc will pay its quarterly dividend of $0.20 on 6/21/24. As a percentage of TAP's recent stock price of $52.95, this dividend works out to approximately 0.83%, so look for shares of Molson Coors Beverage Co to trade 0.83% lower — all else being equal — when TAP shares open for trading on 6/7/24. Similarly, investors should look for TPR to open 0.81% lower in price and for BBWI to open 0.44% lower, all else being equal.

Below are dividend history charts for TAP, TPR, and BBWI, showing historical dividends prior to the most recent ones declared.

Molson Coors Beverage Co (Symbol: TAP):

TAP+Dividend+History+Chart

Tapestry Inc (Symbol: TPR):

TPR+Dividend+History+Chart

Bath & Body Works Inc (Symbol: BBWI):

BBWI+Dividend+History+Chart

In general, dividends are not always predictable, following the ups and downs of company profits over time. Therefore, a good first due diligence step in forming an expectation of annual yield going forward, is looking at the history above, for a sense of stability over time. This can help in judging whether the most recent dividends from these companies are likely to continue. If they do continue, the current estimated yields on annualized basis would be 3.32% for Molson Coors Beverage Co, 3.25% for Tapestry Inc, and 1.77% for Bath & Body Works Inc.

In Wednesday trading, Molson Coors Beverage Co shares are currently off about 0.9%, Tapestry Inc shares are down about 2.8%, and Bath & Body Works Inc shares are off about 12.8% on the day.

Click here to learn which 25 S.A.F.E. dividend stocks should be on your radar screen »

Also see:

Seth Klarman Stock Picks
Institutional Holders of XPDI
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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.