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Molson Coors Brewing Company's - Dividend Announcement On November 12, 2015, Molson Coors Brewing Company (TAP) released a dividend announcement.An excerpt from that news release
Molson Coors Brewing Company's - Dividend Announcement
On November 12, 2015, Molson Coors Brewing Company (TAP) released a dividend announcement.An excerpt from that news release is as follows:
DENVER&MONTREAL--(BUSINESS WIRE
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)--Nov. 12, 2015--Molson Coors Brewing Company(NYSE:TAP
(Links to an external site.)
) today declared a regular quarterly dividend on its ... common shares ofUS $0.41per share, payableDecember 15, 2015, to shareholders of record onNovember 30, 2015.
Questions:
- What is the specific date for each of the following events related to this Molson Coors dividend?
- Date of declaration
- Date of record
- Date of payment
- On what date does this dividend become an actual liability for Molson Coors?
- Assume that there are 1 billion shares authorized, 191 million shares issued, and 185 million shares outstanding on the date of record for this dividend. What is the total dollar amount of this dividend?
- How will this dividend impact Molson Coors' the following components of its balance sheet on thedate of declaration?
- Assets
- Liabilities
- Stockholders' equity
- How will this dividend impact Molson Coors' the following components of its balance sheet on thedate of payment?
- Assets
- Liabilities
- Stockholders' equity
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