On Might 21, Mondelez Worldwide, Inc. (NASDAQ:MDLZ) declared a quarterly dividend of $0.47 per share, which was in step with its earlier dividend.
Mondelez Worldwide, Inc. (NASDAQ:MDLZ) is an American meals, confectionery, and beverage firm with a workforce of round 80,000 staff worldwide. The corporate has a powerful dividend historical past because it has been rewarding shareholders with rising dividends for the previous 11 years. The dividend comes strongly due to its stable money place.
Within the first quarter of 2025, the corporate generated $1.1 billion in working money circulate, and its free money circulate was $0.8 billion. Furthermore, it returned $2.1 billion to shareholders by means of dividends and share repurchases.
MDL has a dividend yield of two.88%, as of Might 21, and it’ll commerce ex-dividend on June 30. The inventory has surged by almost 10% for the reason that begin of 2025.
Whereas we acknowledge the potential of MDLZ as an funding, our conviction lies within the perception that some deeply undervalued dividend shares maintain better promise for delivering increased returns, and doing so inside a shorter timeframe. If you’re in search of a deeply undervalued dividend inventory that’s extra promising than MDLZ however that trades at 10 instances its earnings and grows its earnings at double digit charges yearly, take a look at our report in regards to the filth low-cost dividend inventory.
READ MORE: 10 Unstoppable Dividend Shares to Purchase Now and 25 Excessive Dividend Shares Being Focused By Brief Sellers
Disclosure. None.
