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Molson Coors Beverage Company (TAP) is trading near multi-year lows, offering a compelling buying opportunity with a strong yield. TAP remains financially solid, maintaining healthy free cash flow and prudent capital allocation, despite macro headwinds impacting discretionary spending and beer demand. Management is focused on cost-cutting, portfolio diversification, and premiumization, position...
Andrew Thomas Molson recently reported some open market purchases of Molson Coors stock. Andrew Molson directly held around $1.1 million worth of the stock following the transaction.
Investors love dividend stocks, especially high-yield varieties, because they offer a significant income stream and have substantial total return potential.
Skylands Capital added 70,440 shares of TAP, boosting the position's reported value by $2.87 million quarter over quarter. The trade accounted for 0.48% of the fund's $723.49 million in reportable U.S. equity assets.
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