14 Best Food Dividend Stocks To Buy According to Analysts

8. Mondelez International, Inc. (NASDAQ:MDLZ)

Analyst Upside Potential as of October 5: 17.5%

Mondelez International, Inc. (NASDAQ:MDLZ) is an American multinational confectionery, beverage, and snack company. Its products include Oreos, Chips Ahoy, Cadbury chocolate, Sour Patch Kids, and plenty of other cookies, candies, and snack bars. Their products are everywhere, and it’s easy to see why they’ve become such a big name in snacking.

For people who own its stock, Mondelez International, Inc. (NASDAQ:MDLZ) has been rewarding. Over the past five years, it’s raised its dividend by more than 10% a year and bought back billions of dollars’ worth of shares, cutting down the total stock by about 15% since 2018. The company seems set on keeping that momentum, returning cash to shareholders while still expanding its lineup of popular treats around the world.

Mondelez International, Inc. (NASDAQ:MDLZ) increased its dividend in July this year and now pays a quarterly dividend of $0.50 per share. This was the company’s 12th consecutive year in which it raised its dividend. With a dividend yield of 3.19%, as of October 5, MDLZ is among the best dividend stocks to own in the food sector.