Mondelez International, Inc. (MDLZ) To Go Ex-Dividend on June 30th

Mondelez International, Inc. (NASDAQ:MDLZ) declared a quarterly dividend on Tuesday, May 19th. 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) annualized dividend and a yield of 3.3%. The ex-dividend date of this dividend 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 increased its dividend annually for the last 13 consecutive years. Mondelez International has a payout ratio of 60.2% meaning its dividend is sufficiently covered by earnings. Analysts expect Mondelez International to earn $3.41 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 58.7%.

Mondelez International Trading Down 0.7%

Shares of MDLZ stock opened at $60.79 on Friday. 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 $78.03 billion, a PE ratio of 30.24, a price-to-earnings-growth ratio of 2.38 and a beta of 0.38. The firm has a 50 day moving average price of $60.74 and a two-hundred day moving average price of $58.45. 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 (NASDAQ:MDLZ) last posted its earnings results on Tuesday, April 28th. The company reported $0.67 EPS for the quarter, beating the consensus estimate of $0.61 by $0.06. The company had revenue of $10.08 billion for the quarter, compared to the consensus estimate of $9.75 billion. Mondelez International had a return on equity of 14.14% and a net margin of 6.64%.The firm’s revenue for the quarter was up 8.2% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.76 earnings per share. Mondelez International has set its FY 2026 guidance at 2.920-3.060 EPS. As a group, analysts predict that Mondelez International will post 3.06 earnings per share for the current year.

Institutional Investors Weigh In On Mondelez International

Large investors have recently bought and sold shares of the company. Vanguard Group Inc. boosted its position in shares of Mondelez International by 1.3% during the 4th quarter. Vanguard Group Inc. now owns 130,283,829 shares of the company’s stock worth $7,013,179,000 after acquiring an additional 1,646,213 shares in the last quarter. Capital International Investors raised its position in Mondelez International by 10.7% during the fourth quarter. Capital International Investors now owns 86,943,586 shares of the company’s stock valued at $4,681,024,000 after purchasing an additional 8,382,270 shares in the last quarter. State Street Corp raised its position in Mondelez International by 1.5% during the fourth quarter. State Street Corp now owns 61,217,193 shares of the company’s stock valued at $3,325,625,000 after purchasing an additional 908,076 shares in the last quarter. Price T Rowe Associates Inc. MD lifted its stake in Mondelez International by 12.0% during the fourth quarter. Price T Rowe Associates Inc. MD now owns 37,366,588 shares of the company’s stock worth $2,011,444,000 after purchasing an additional 3,993,811 shares during the last quarter. Finally, Geode Capital Management LLC lifted its stake in Mondelez International by 0.4% during the fourth quarter. Geode Capital Management LLC now owns 29,298,651 shares of the company’s stock worth $1,570,182,000 after purchasing an additional 108,179 shares during the last quarter. 78.32% of the stock is currently owned by institutional investors and hedge funds.

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.