On May 21, Mondelez International, Inc. (NASDAQ:MDLZ) declared a quarterly dividend of $0.47 per share, which was in line with its previous dividend.
Mondelez International, Inc. is an American food, confectionery, and beverage company with a workforce of around 80,000 employees worldwide. The company has a strong dividend history as it has been rewarding shareholders with growing dividends for the past 11 years. The dividend comes strongly because of its solid cash position.
In the first quarter of 2025, the company generated $1.1 billion in operating cash flow, and its free cash flow was $0.8 billion. Moreover, it returned $2.1 billion to shareholders through dividends and share repurchases.
MDL has a dividend yield of 2.88%, as of May 21, and it will trade ex-dividend on June 30. The stock has surged by nearly 10% since the start of 2025.
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Disclosure. None.
