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

Mondelez International, Inc. (NASDAQ:MDLZ) announced a quarterly dividend on Wednesday, May 20th. Shareholders 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 3.2%. The ex-dividend date is Tuesday, June 30th.

Mondelez International has raised its dividend by an average of 0.1%per year over the last three years and has raised 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. 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 Stock Up 0.9%

Mondelez International stock opened at $61.84 on Thursday. The firm has a market cap of $79.38 billion, a price-to-earnings ratio of 30.77, a PEG ratio of 2.40 and a beta of 0.39. The stock has a fifty day simple moving average of $58.40 and a two-hundred day simple moving average of $57.49. Mondelez International has a 12 month low of $51.20 and a 12 month high of $71.15. The company has a current ratio of 0.54, a quick ratio of 0.37 and a debt-to-equity ratio of 0.60.

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

Analyst Ratings Changes

A number of research firms have recently issued reports on MDLZ. Wall Street Zen upgraded Mondelez International from a “sell” rating to a “hold” rating in a research note on Saturday, February 7th. Barclays raised their price target on Mondelez International from $67.00 to $68.00 and gave the stock an “overweight” rating in a research note on Wednesday, April 29th. Sanford C. Bernstein dropped their price target on Mondelez International from $75.00 to $73.00 and set an “outperform” rating on the stock in a research note on Wednesday, February 18th. BTIG Research began coverage on Mondelez International in a research note on Tuesday, April 14th. They issued a “buy” rating and a $70.00 price target on the stock. Finally, Wells Fargo & Company raised their price target on Mondelez International from $65.00 to $70.00 and gave the stock an “overweight” rating in a research note on Thursday, February 12th. One research analyst has rated the stock with a Strong Buy rating, thirteen have given a Buy rating and nine have issued a Hold rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $67.05.

Mondelez International Company Profile

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.