Molson Coors Brewing Company's - Dividend Announcement

On November 12, 2019, Molson Coors Brewing Company (TAP) released a dividend announcement. An excerpt from that news release is as follows:

DENVER & MONTREAL--Nov. 12, 2019--Molson Coors Brewing Company today declared a regular quarterly dividend on its common shares of US $0.41 per share, payable December 15, 2019, to shareholders of record on November 30, 2019.

Questions:

1. What is the specific date for each of the following events related to this Molson Coors dividend?

a) Date of declaration

b) Date of record

c) Date of payment

2. On what date does this dividend become an actual liability for Molson Coors?

3. 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?

4. How will this dividend impact Molson Coors the following components of its balance sheet on the date of declaration?

a) Assets

b) Liabilities

c) Stockholders equity

5. How will this dividend impact Molson Coors the following components of its balance sheet on the date of payment?

a) Assets

b) Liabilities

c) Stockholders equity