The company’s Class A and Class B Common Stock trade on the New York Stock Exchange (NYSE) under the ticker symbols STZ and STZ.B, respectively. There is no public trading market for the company’s Class 1 Common Stock.
In April 2015, Constellation Brands’ Board of Directors approved the initiation of a dividend program under which the company intends to pay a regular quarterly cash dividend to stockholders of its common stock.
Dividend declarations are typically disclosed in the company's quarterly earnings releases, which can be found under Latest Financial News on the Investor Overview section of this website.
Future declarations of quarterly dividends are subject to the approval of the company's Board of Directors and are dependent upon the company's financial condition, results of operations, capital requirements and other factors, including those set forth in the company's most recent Annual Report on Form 10-K under Item 1A "Risk Factors". The company's most recent Annual Report on Form 10-K can be found under the SEC filings tab of our Reporting section.
The Company does not have a dividend reinvestment program (DRIP) available to purchase additional shares of stock. To purchase shares in Constellation Brands, Inc., individuals need to contact a licensed stockbroker.
The below outlines our history of dividends declared to stockholders of our common stock. (1) As noted above, future declarations of quarterly dividends are subject to the approval of Constellation Brands’ Board of Directors.
1) For all periods presented, the cash dividends declared for our Class 1 Common Stock are the same as those declared for our Class B Common Stock.