Mondelez International, Inc. (NASDAQ:MDLZ) Raises Dividend to $0.52 Per Share

Key Points

• Mondelez raised its quarterly dividend 4% to $0.52 per share, payable October 14 to shareholders of record September 30. The annualized dividend is $2.08 per share, yielding approximately 3.5%.
• The company has increased its dividend for 13 consecutive years, with a payout ratio of 62.7%, indicating the distribution is supported by earnings. Analysts expect a similar future payout ratio of about 61.5%.
• Mondelez exceeded quarterly expectations with earnings of $0.73 per share versus the $0.68 consensus and revenue of $9.36 billion, up 4.1% year over year. CEO Dirk Van de Put later sold 133,580 shares under a pre-arranged trading plan.

Mondelez International, Inc. (NASDAQ:MDLZ - Get Free Report) announced 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 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% indicating that its dividend is sufficiently covered by earnings. Equities 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

Mondelez International stock opened at $60.25 on Monday. The company has a debt-to-equity ratio of 0.62, a quick ratio of 0.40 and a current ratio of 0.60. The business's 50-day simple moving average is $62.10 and its 200-day simple moving average is $60.44. The firm has a market capitalization of $76.90 billion, a PE ratio of 22.15, a PEG ratio of 2.35 and a beta of 0.39. Mondelez International has a 52 week low of $51.20 and a 52 week high of $66.65.

Mondelez International (NASDAQ:MDLZ - Get Free Report) last announced its earnings results on Tuesday, July 28th. The company reported $0.73 earnings per share for the quarter, beating the consensus estimate of $0.68 by $0.05. The firm had revenue of $9.36 billion during 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 firm's revenue for the quarter was up 4.1% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.73 EPS. Mondelez International has set its FY 2026 guidance at 2.970-3.120 EPS. Equities research analysts forecast that Mondelez International will post 3.05 earnings per share for the current year.

Insider Activity at Mondelez International

In other news, CEO Dirk Van de Put sold 133,580 shares of Mondelez International stock in a transaction dated Wednesday, August 19th. The shares were sold at an average price of $64.08, for a total transaction of $8,559,806.40. Following the sale, the chief executive officer directly owned 1,326,488 shares in the company, valued at approximately $85,001,351.04. The trade was a 9.15% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders own 0.45% of the company's stock.

Hedge Funds Weigh In On Mondelez International

Hedge funds have recently modified their holdings of the stock. Whipplewood Advisors LLC boosted its stake in shares of Mondelez International by 35.5% in the 1st quarter. Whipplewood Advisors LLC now owns 645 shares of the company's stock valued at $37,000 after purchasing an additional 169 shares during the last quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management boosted its stake in Mondelez International by 3.5% in the first quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management now owns 5,073 shares of the company's stock valued at $292,000 after acquiring an additional 173 shares during the last quarter. Granite Investment Partners LLC grew its holdings in Mondelez International by 0.6% during the 1st quarter. Granite Investment Partners LLC now owns 29,284 shares of the company's stock worth $1,688,000 after acquiring an additional 177 shares during the period. Pine Valley Investments Ltd Liability Co grew its holdings in Mondelez International by 2.1% during the 1st quarter. Pine Valley Investments Ltd Liability Co now owns 8,900 shares of the company's stock worth $515,000 after acquiring an additional 179 shares during the period. Finally, Commonwealth Retirement Investments LLC raised its position in shares of Mondelez International by 0.9% during the 4th quarter. Commonwealth Retirement Investments LLC now owns 20,589 shares of the company's stock valued at $1,108,000 after acquiring an additional 180 shares during the last quarter. 78.32% of the stock is owned by institutional investors and hedge funds.

Mondelez International Company Profile

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.

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