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Data last updated: Jul 06, 2026
Snapshot (as of Jul 06, 2026): Constellation Brands, Inc. (STZ) pays a $4.09 annual dividend ($1.03 quarterly), yielding 2.98% at $137.47/share. Next ex-dividend date 2026-07-30. 9+ consecutive years of dividend growth. Source: Yahoo Finance, aggregated by MerryDiv.
Dividend Yield: 2.98%
Annual Dividend: $4.09 per share
Payout Ratio: 39.0%
Ex-Dividend Date: 2026-07-30
Dividend Frequency: quarterly
Sector: Consumer Defensive
Years of Dividend History: 12
Constellation Brands, Inc. produces and imports some of the most recognized beer brands in the United States, including Corona Extra, Modelo Especial, and Pacifico, alongside a portfolio of wines and spirits. The Constellation Brands, Inc. dividend currently yields 2.98%, with a trailing annual rate of $4.09 per share paid quarterly. The next ex-dividend date is July 30, 2026, and the last declared quarterly payment was $1.03 per share. With a beta of 0.382, STZ stock moves well below the broader market, which suits income investors who prioritize low volatility over high yield.
Constellation Brands, Inc. pays out 39.0% of earnings as dividends, a payout ratio classified as conservative (below 40%). That leaves a meaningful buffer of retained earnings, and demand for the company's imported beer brands, including Modelo Especial and Corona Extra, is driven by everyday consumer purchasing rather than discretionary spending. Constellation Brands, Inc. dividend safety benefits from that low payout floor, though the company also carries a wine and spirits segment that adds some revenue complexity. No single data point in the available record points to near-term pressure on the payout.
Constellation Brands, Inc. dividend history shows a CAGR of 11.6% per year from 2016 to 2025. The per-share dividend grew from $1.51 to $4.07 over that window (2026 is a partial year and excluded from this calculation). The smallest annual increase in the window was 0.3% in 2020, a sharp contrast to the 39.8% jump recorded in 2018. For income investors, an 11.6% annualized growth rate means the dividend has nearly tripled in under a decade, which materially compounds income for long-term holders.
| Period | CAGR | From | To |
|---|---|---|---|
| 3-Year | +8.8% | $3.16 (2022) | $4.07 (2025) |
| 5-Year | +6.3% | $3.00 (2020) | $4.07 (2025) |
| 10-Year | +15.9% | $0.93 (2015) | $4.07 (2025) |
STZ stock fits dividend investors who want a growing income stream from a business anchored in everyday consumer demand. The current yield of 2.98% sits in the moderate (2-4%) range and runs above the 5-year average of 2.57%, so buyers today are getting a slightly richer starting yield than the historical norm. Nine consecutive years of increases and an 11.6% CAGR are the defining strengths here. The trade-off is that the yield itself is not high enough to satisfy pure income seekers, and growth, while historically fast, has slowed in recent years. What STZ offers is a low-payout, low-beta dividend with a demonstrated record of annual increases.
| Payment Date | Amount per Share |
|---|---|
| 2026-07-30 | $1.0300 |
| 2026-04-29 | $1.0300 |
| 2026-01-29 | $1.0200 |
| 2025-10-30 | $1.0200 |
| 2025-07-30 | $1.0200 |
| 2025-04-29 | $1.0200 |
| 2025-02-07 | $1.0100 |
| 2024-11-05 | $1.0100 |
| 2024-08-14 | $1.0100 |
| 2024-05-02 | $1.0100 |
| Year | Total Dividends |
|---|---|
| 2026 | $3.0800 |
| 2025 | $4.0700 |
| 2024 | $3.9200 |
| 2023 | $3.4700 |
| 2022 | $3.1600 |
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