Mondelez International, Inc. (NASDAQ:MDLZ) Announces Dividend Increase – $0.52 Per Share

Mondelez International, Inc. (NASDAQ:MDLZ – Get Free Report) 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 annualized dividend and a dividend 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 by an average of 0.1%annually over the last three years and has raised its dividend every year for the last 13 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 opened at $60.25 on Monday. The firm has a market cap of $76.90 billion, a price-to-earnings ratio of 22.15, a PEG ratio of 2.35 and a beta of 0.39. The company has a debt-to-equity ratio of 0.62, a quick ratio of 0.40 and a current ratio of 0.60. Mondelez International has a fifty-two week low of $51.20 and a fifty-two week high of $66.65. The firm has a 50 day moving average price of $62.10 and a 200-day moving average price of $60.44.

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

About Mondelez International

(Get Free Report)

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.

Further Reading

Dividend History for Mondelez International (NASDAQ:MDLZ)

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