Constellation Brands Announces Quarterly Dividend
Constellation Brands, Inc. (NYSE: STZ), recognized as a premier beverage alcohol company, is excited to share that its Board of Directors has approved a quarterly cash dividend amounting to $1.01 per share of Class A Common Stock. This dividend is scheduled for distribution on February 21, 2025, to stockholders who are on record as of the close of business on February 7, 2025.
About Constellation Brands
As a dominant player in the beverage sector, Constellation Brands (NYSE: STZ) operates both internationally and domestically, producing and marketing a variety of beers, wines, and spirits. With a footprint extending across multiple countries, including the U.S., Mexico, Italy, and New Zealand, the company's focus is on building beloved brands. The mission of Constellation is simple yet profound: to enhance human connections and create experiences that resonate with consumers. This dedication has propelled Constellation to be among the fastest-growing large Consumer Packaged Goods (CPG) companies in the U.S. retail space.
Our Iconic Brands
Each day, consumers choose from a range of premium brands offered by Constellation. Among these are world-renowned beer options such as Corona Extra, Modelo Especial, and the refreshing line of Modelo Cheladas. Additionally, the company showcases a selection of fine wines and craft spirits, including The Prisoner Wine Company, Robert Mondavi Winery, Casa Noble Tequila, and High West Whiskey, as well as premium wine brands like Kim Crawford and Meiomi.
Commitment to Sustainability
Constellation Brands is proud of its agricultural roots and operates with a strong emphasis on sustainability. The company's Environmental, Social, and Governance (ESG) strategy is integral to its operations, guiding efforts to manage environmental resources responsibly, foster social equity within the industry and communities, and encourage responsible alcohol consumption. This conscientious approach is not only about profitability; it reflects the company's determination to pave the way for a brighter, sustainable future.
Engagement with Consumers
Constellation Brands actively engages with its customer base and leverages market insights to anticipate consumer needs. By understanding industry trends, the company continually evolves its offerings, ensuring that it maintains a competitive edge. This consumer-centric focus is foundational to the brand's growth and commitment to delivering high-quality products that resonate with diverse audiences.
Key Contacts
For more information regarding media and investor relations, you can reach out directly to the following representatives:
Media Contacts
Amy Martin can be contacted at 585-678-7141 or via email at amy.martin@cbrands.com. Carissa Guzski is also available at 315-525-7362 or through her email at carissa.guzski@cbrands.com.
Investor Relations Contacts
Investors can reach Joseph Suarez at 773-551-4397 or send an email to joseph.suarez@cbrands.com. Snehal Shah is reachable at 847-385-4940, with email inquiries directed to snehal.shah@cbrands.com. For further assistance, you may also contact David Paccapaniccia at 585-282-7227 or david.paccapaniccia@cbrands.com.
Frequently Asked Questions
What is the latest dividend announced by Constellation Brands?
Constellation Brands announced a quarterly dividend of $1.01 per share of Class A Common Stock.
When will the dividend be paid out?
The dividend is scheduled to be paid on February 21, 2025.
Who can receive this dividend?
The dividend will be payable to shareholders on record as of the close of business on February 7, 2025.
How does Constellation Brands contribute to sustainability?
Constellation has an integrated ESG strategy that focuses on environmental stewardship, social equity, and responsible consumption.
What types of products does Constellation Brands offer?
They offer a variety of products, including premium beer, wine, and spirits, with well-known brands such as Corona, Modelo, and Robert Mondavi.
