Mondelez International, Inc. (MDLZ) to Distribute Quarterly Dividend of $0.52 on October 14th

Mondelez International, Inc. (NASDAQ:MDLZ) declared a quarterly dividend on Tuesday, July 28th. Shareholders of record on Wednesday, September 30th will be given a dividend of $0.52 per share on Wednesday, October 14th. This represents a $2.08 dividend on an annualized basis and a yield of 3.5%. The ex-dividend date is Wednesday, September 30th. This is a 4.0% increase from Mondelez International’s previous quarterly dividend of $0.50.

Mondelez International has raised its dividend payment by an average of 0.1%annually over the last three years and has raised its dividend annually for the last 13 consecutive years. Mondelez International has a payout ratio of 62.7% meaning its dividend is sufficiently covered by earnings. Equities research analysts expect Mondelez International to earn $3.38 per share next year, which means the company should continue to be able to cover its $2.08 annual dividend with an expected future payout ratio of 61.5%.

Mondelez International Stock Performance

Shares of MDLZ stock opened at $60.25 on Monday. The company has a fifty day moving average price of $62.10 and a two-hundred day moving average price of $60.44. Mondelez International has a one year low of $51.20 and a one year high of $66.65. The stock has a market cap of $76.90 billion, a P/E ratio of 22.15, a P/E/G ratio of 2.35 and a beta of 0.39. The company has a debt-to-equity ratio of 0.62, a current ratio of 0.60 and a quick ratio of 0.40.

Mondelez International (NASDAQ:MDLZ) last announced its quarterly earnings results on Tuesday, July 28th. The company reported $0.73 earnings per share for the quarter, topping analysts’ consensus estimates of $0.68 by $0.05. The firm had revenue of $9.36 billion for the quarter, compared to the consensus estimate of $9.21 billion. Mondelez International had a return on equity of 14.07% and a net margin of 8.86%.The business’s revenue was up 4.1% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.73 earnings per share. Mondelez International has set its FY 2026 guidance at 2.970-3.120 EPS. As a group, equities analysts predict that Mondelez International will post 3.05 EPS for the current year.

About Mondelez International

Mondelez International, Inc is a global snack-food company headquartered in Chicago, Illinois. The company develops, manufactures, markets and distributes branded snacks, including biscuits, cookies, crackers, chocolate, candy, baked snacks and powdered beverages.

Its portfolio includes well-known brands such as Oreo, Ritz, Chips Ahoy!, belVita, Cadbury, Milka, Toblerone, Sour Patch Kids, Trident and Clif Bar. Mondelez sells its products through grocery stores, convenience stores, mass merchandisers, e-commerce platforms and other retail channels.

Mondelez was established in 2012 following the separation of Kraft Foods’ global snacks business from its North American grocery operations.