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Mondelēz International Declares Regular Quarterly Dividend of $0.425 per share

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Rhea-AI Summary
Mondelēz International, Inc. (MDLZ) has announced a regular quarterly dividend of $0.425 per share of Class A common stock, payable on April 11, 2024, to shareholders of record as of March 28, 2024.
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Insights

The declaration of a regular quarterly dividend by Mondelēz International indicates a stable and potentially positive cash flow situation, which can be an attractive indicator for investors. Dividends are often a sign of a company's confidence in its current financial health and its ability to generate sufficient profits. The amount of $0.425 per share reflects the company's dividend policy and its commitment to returning value to shareholders.

It is important to analyze the dividend yield, which is the dividend per share divided by the price per share. This yield provides a measure of the return on investment for the dividend alone, excluding capital gains. In a low-interest-rate environment, a stable dividend can make such stocks more appealing compared to fixed-income securities.

However, it is also crucial to evaluate the payout ratio, which is the proportion of earnings paid out as dividends to shareholders. An excessively high payout ratio may not be sustainable in the long term, as it could indicate that the company is not reinvesting enough in its own growth. Comparing Mondelēz's dividend policy to industry norms and its historical payout ratios can provide additional insights into the sustainability of its dividends.

From a market research perspective, the announcement of a dividend payment can have implications for the company's stock performance. Dividends are often seen as a signal of a company's stability and maturity and can attract a certain class of investors, particularly those looking for regular income streams, such as retirees. This can potentially increase the demand for Mondelēz's shares and stabilize the stock price.

Furthermore, the timing of the dividend declaration and the record date can influence investor behavior. For example, investors might purchase the stock prior to the record date to qualify for the dividend payment, which could temporarily boost the stock price. Conversely, the stock might experience selling pressure after the ex-dividend date, as new buyers no longer qualify for the recently declared dividend.

It's also valuable to consider the company's performance in relation to its competitors within the snack food industry. If Mondelēz is maintaining or increasing its dividends while competitors are not, it could suggest a competitive advantage or stronger market position.

CHICAGO, Feb. 02, 2024 (GLOBE NEWSWIRE) -- The Board of Directors of Mondelēz International, Inc. (Nasdaq: MDLZ) today declared a regular quarterly dividend of $0.425 per share of Class A common stock. This dividend is payable on April 11, 2024, to shareholders of record as of the close of business on March 28, 2024.

About Mondelēz International
Mondelēz International, Inc. (Nasdaq: MDLZ) empowers people to snack right in over 150 countries around the world. With 2023 net revenues of approximately $36 billion, MDLZ is leading the future of snacking with iconic global and local brands such as Oreo, Ritz, LU, Clif Bar and Tate's Bake Shop biscuits and baked snacks, as well as Cadbury Dairy Milk, Milka and Toblerone chocolate. Mondelēz International is a proud member of the Standard and Poor’s 500, Nasdaq 100 and Dow Jones Sustainability Index. Visit www.mondelezinternational.com or follow the company on Twitter at https://www.twitter.com/MDLZ.

Contacts:Tracey Noe
 +1-847-943-5678
 news@mdlz.com


FAQ

What is the dividend amount declared by Mondelēz International, Inc. (MDLZ)?

The company declared a regular quarterly dividend of $0.425 per share of Class A common stock.

When will the dividend be payable to shareholders of Mondelēz International, Inc. (MDLZ)?

The dividend is payable on April 11, 2024.

When is the record date for shareholders to receive the dividend from Mondelēz International, Inc. (MDLZ)?

Shareholders of record as of the close of business on March 28, 2024, will receive the dividend.

What is the ticker symbol for Mondelēz International, Inc.?

The ticker symbol for Mondelēz International, Inc. is MDLZ.

Mondelez International, Inc.

NASDAQ:MDLZ

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Confectioners
Food and Kindred Products
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United States of America
CHICAGO