Mondelez International, Inc. (MDLZ) to Issue Quarterly Dividend of $0.50 on July 14th

Mondelez International, Inc. (NASDAQ:MDLZ) announced a quarterly dividend on Wednesday, May 20th. Stockholders 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 dividend yield of 3.3%. The ex-dividend date is Tuesday, June 30th.

Mondelez International has increased its dividend payment by an average of 0.1%per year over the last three years and has raised its dividend every year for the last 13 years. Mondelez International has a dividend payout ratio of 60.2% indicating that its dividend is sufficiently covered by earnings. Equities 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 Price Performance

NASDAQ MDLZ opened at $61.50 on Friday. The company has a quick ratio of 0.37, a current ratio of 0.54 and a debt-to-equity ratio of 0.60. Mondelez International has a 12-month low of $51.20 and a 12-month high of $71.15. The company has a market capitalization of $78.94 billion, a PE ratio of 30.60, a price-to-earnings-growth ratio of 2.42 and a beta of 0.39. The firm’s 50 day moving average is $58.50 and its 200-day moving average is $57.52.

Mondelez International (NASDAQ:MDLZ) last posted its quarterly earnings data on Tuesday, April 28th. The company reported $0.67 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.61 by $0.06. Mondelez International had a net margin of 6.64% and a return on equity of 14.14%. The company had revenue of $10.08 billion for the quarter, compared to the consensus estimate of $9.75 billion. During the same period last year, the company earned $0.76 earnings per share. The firm’s revenue was up 8.2% compared to the same quarter last year. Mondelez International has set its FY 2026 guidance at 2.920-3.060 EPS. Equities research analysts anticipate 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.