Mondelez International, Inc. (NASDAQ:MDLZ) will begin trading ex-dividend on September 29, 2020. The quarterly dividend payment of $ 0.315 per share is scheduled to be paid on October 14, 2020. The dividend yield based on the latest trading day closing price was 2.24 %. Owners of shares, purchased before the ex-dividend date will be eligible for the dividend.
Dividends History
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Mondelez International, Inc. recently reported second quarter financial results on July 28, 2020, after market close, manufacturer of food and beverage products recorded income for the second quarter of $ 0.63 per share, from the revenue of $ 5,911.00 million. The quarterly earnings boosted 10.53 percent compared with the same quarter last year. According to street consensus, MDLZ was expected to report 2Q20 income of $ 0.56 per share from revenue of $ 5922.45 million. The bottom line results beat street analysts by $ 0.07 or 12.50 percent, at the same time, top line results fell short of analysts by $ 11.45 million or 0.19 percent.
Stock Performance
Shares of Mondelez International, Inc. traded up $ 0.55 or 0.98 percent on Friday, reaching $ 56.16 with volume of 4.74 million shares. Mondelez International, Inc. has traded high as $ 56.23 and has cracked $ 54.97 on the downward trend
According to the previous trading day, closing price of $ 56.16, representing a 35.01 % increase from the 52 week low of $ 41.19 and a 7.25 % decrease over the 52 week high of $ 59.96.
The company has a market capital of $ 80.21 billion and is part of the Consumer Defensive sector and Confectioners industry.
Mondelez International, Inc., through its subsidiaries, manufactures and markets snack food and beverage products worldwide. It offers biscuits, including cookies, crackers, and salted snacks; chocolates; and gums and candies, as well as various cheese and grocery, and powdered beverage products. The companys primary snack brand portfolio includes Cadbury, Milka, and Toblerone chocolates; Oreo, belVita, and LU biscuits; Halls candies; and Trident gums and Tang powdered beverages.
