Constellation Brands dividend history

Constellation Brands paid $716m in dividends in fiscal 2026. That was 42.4% of net income.

Dividends, buybacks and capital spending

FY2027 Q2 TTM

Buybacks (TTM): $775M
Dividends (TTM): $708M
Returned to shareholders: 81%; of free cash flow
Buybacks, last 3 fiscal years: $2.3B
Total shareholder yield: 6.2%; dividends 3.0% + buybacks 3.3% of market value
Dividend payout ratio: 37%; of net income paid out
Sales & admin spending: 20.7%; of revenue

Dividends by fiscal year

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Constellation Brands: dividends by fiscal year, annual
Fiscal year	2010Feb 2010	2011Feb 2011	2012Feb 2012	2013Feb 2013	2014Feb 2014	2015Feb 2015	2016Feb 2016	2017Feb 2017	2018Feb 2018	2019Feb 2019	2020Feb 2020	2021Feb 2021	2022Feb 2022	2023Feb 2023	2024Feb 2024	2025Feb 2025	2026Feb 2026	LTMAug 2026
Dividends paid	—	—	—	—	0	0	242	315	400	558	569	575	573	588	654	732	716	708
Share buybacks	—	300	414	383	0	0	34	1,123	1,039	504	50	0	1,391	1,700	250	1,124	924	775
Dividends ÷ net income	—	—	—	—	0.0%	0.0%	22.9%	20.6%	17.4%	16.2%	—	28.8%	—	—	37.8%	—	42.4%	36.8%
Dividends ÷ free cash flow	—	—	—	—	0.0%	0.0%	46.2%	40.0%	45.8%	41.0%	31.2%	29.6%	34.1%	34.1%	43.3%	37.8%	39.9%	38.5%

Dividend per share is the amount declared for the fiscal year as stated in the company's filings (including any special dividend), restated for stock splits and checked against the cash dividends paid. Dividends paid and buybacks are cash amounts; the last-twelve-months column can include an extra payment when a quarter-end date moves.

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Figures from Constellation Brands's SEC filings (10-K and 10-Q), retrieved October 20, 2026. How we read and check them: methodology and data sources. Not investment advice. Back to Constellation Brands.