Business Context and Reporting Period
Company: Constellation Brands, Inc.
Filing Type: Form 8-K (Current Report)
Date of Report: October 1, 2024
Reporting Period: This filing reports a specific corporate action (dividend declaration) rather than a financial reporting period.
Key Financial Metrics
This filing does not contain revenue, profit, cash flow, margin, debt, or liquidity metrics. It solely reports the declaration of a quarterly cash dividend.
| Security Class | Dividend Amount | Record Date | Payment Date |
|---|---|---|---|
| Class A Common Stock | $1.01 per share | November 5, 2024 | November 21, 2024 |
| Class 1 Convertible Common Stock | $0.91 per share | November 5, 2024 | November 21, 2024 |
Material Changes
The filing does not provide comparative financial data or material changes to operations versus prior periods. The only material event reported is the Board of Directors' declaration of the quarterly dividend.
Guidance, Outlook, and Risks
Management Commentary: The Board of Directors declared the dividend on October 1, 2024.
Guidance/Outlook: No forward-looking guidance or outlook is provided in this filing.
Risks/Contingencies: No specific risks or contingencies are disclosed in this filing.
Investor Verification Checklist
- Verify the ex-dividend date (typically the business day before the record date of November 5, 2024) to determine eligibility for the payment.
- Confirm the payment date of November 21, 2024, for cash flow planning.
- Review the company's most recent 10-Q or 10-K for underlying financial performance supporting the dividend declaration.
- Note that this information is "furnished" and not "filed" under Section 18 of the Exchange Act, limiting liability for the disclosure.