Mondelez International, Inc. (NASDAQ:MDLZ) Plans Quarterly Dividend of $0.50

Mondelez International, Inc. (NASDAQ:MDLZ) declared a quarterly dividend on Wednesday, May 20th. Investors of record on Tuesday, June 30th will be given a dividend of 0.50 per share on Tuesday, July 14th. This represents a c) dividend on an annualized basis and a yield of 3.2%. The ex-dividend date of this dividend is Tuesday, June 30th.

Mondelez International has raised its dividend payment by an average of 0.1%per year over the last three years and has increased its dividend annually for the last 13 consecutive years. Mondelez International has a payout ratio of 60.2% indicating that its dividend is sufficiently covered by earnings. Research analysts expect Mondelez International to earn $3.42 per share next year, which means the company should continue to be able to cover its $2.00 annual dividend with an expected future payout ratio of 58.5%.

Mondelez International Trading Up 0.9%

NASDAQ:MDLZ traded up $0.55 on Wednesday, hitting $61.84. The stock had a trading volume of 7,100,661 shares, compared to its average volume of 9,971,856. The company has a quick ratio of 0.37, a current ratio of 0.54 and a debt-to-equity ratio of 0.60. The stock has a market cap of $79.38 billion, a price-to-earnings ratio of 30.77, a PEG ratio of 2.41 and a beta of 0.39. The company has a fifty day moving average price of $58.33 and a two-hundred day moving average price of $57.46. Mondelez International has a 1-year low of $51.20 and a 1-year high of $71.15.

Mondelez International (NASDAQ:MDLZ) last posted its earnings results on Tuesday, April 28th. The company reported $0.67 earnings per share for the quarter, beating the consensus estimate of $0.61 by $0.06. The company had revenue of $10.08 billion for the quarter, compared to analyst estimates of $9.75 billion. Mondelez International had a net margin of 6.64% and a return on equity of 14.14%. Mondelez International’s revenue was up 8.2% on a year-over-year basis. During the same period in the previous year, the business posted $0.76 EPS. Mondelez International has set its FY 2026 guidance at 2.920-3.060 EPS. Equities research analysts expect that Mondelez International will post 3.06 earnings per share for the current fiscal year.

About Mondelez International

Mondelez International is a global snacks company headquartered in Chicago, Illinois, formed in 2012 when Kraft Foods split to create a business focused on snack foods and a separate North American grocery company. Mondelez develops, manufactures, markets and distributes a broad portfolio of snack products intended for retail, foodservice and e‑commerce channels around the world.

The company’s product mix centers on biscuits and cookies, chocolate and confectionery, gum and candy, and savory crackers and baked snacks.