01—Abstract
Summary
Summary of the 8-K filed October 2, 2024. Cited figures are marked; the original filing is the authoritative source.
Constellation Brands, Inc. filed a Current Report on Form 8-K on October 2, 2024, under Item 7.01 (Regulation FD Disclosure).
The filing reports that on October 1, 2024, the Board of Directors declared a quarterly cash dividend of $1.01a per share of Class A Common Stock and $0.91 per share of Class 1 Convertible Common Stock. The dividend is payable on November 21, 2024, to stockholders of record of each class as of the close of business on November 5, 2024.
The filing is a brief notice of this board action and contains no other financial results, guidance, or operating updates. The information is furnished under Item 7.01 rather than filed, so it is not subject to the liabilities of Section 18 of the Securities Exchange Act of 1934 and is incorporated into other filings only where those filings specifically reference it.
02—Key points
Key Highlights
- Board declared a quarterly cash dividend of $1.01 per share on Class A Common Stock.
- Board declared a quarterly cash dividend of $0.91 per share on Class 1 Convertible Common Stock.
- Dividends are payable November 21, 2024.
- Record date for both classes is the close of business on November 5, 2024.
- Declaration date was October 1, 2024; the filing was made under Item 7.01 (Regulation FD Disclosure).
- The information is furnished, not filed, for purposes of Section 18 of the Exchange Act.
03—Questions
Frequently Asked Questions
What dividend did Constellation Brands declare?
The Board declared a quarterly cash dividend of $1.01 per share of Class A Common Stock and $0.91 per share of Class 1 Convertible Common Stock.
When will the dividend be paid?
The dividend is payable on November 21, 2024.
Who is eligible to receive the dividend?
Stockholders of record of each respective class as of the close of business on November 5, 2024.
When was the dividend declared?
The Board of Directors declared the dividend on October 1, 2024.
Does this filing include earnings or guidance?
No. The filing only reports the dividend declaration under Item 7.01 (Regulation FD Disclosure) and does not include financial results or guidance.
04—Continue