Mondelez International Inc Declares Quarterly Dividend of $0.22 (MDLZ)
Mondelez International Inc (NASDAQ:MDLZ) announced a quarterly dividend on Wednesday, December 13th, Wall Street Journal reports. Stockholders of record on Friday, December 29th will be given a dividend of 0.22 per share on Thursday, January 11th. This represents a $0.88 dividend on an annualized basis and a dividend yield of 2.05%. The ex-dividend date of this dividend is Thursday, December 28th.
Mondelez International (MDLZ) traded up $0.06 during midday trading on Wednesday, hitting $42.94. The stock had a trading volume of 9,000,679 shares, compared to its average volume of 7,836,681. Mondelez International has a 12 month low of $39.19 and a 12 month high of $47.23. The company has a debt-to-equity ratio of 0.49, a quick ratio of 0.34 and a current ratio of 0.51. The company has a market cap of $64,064.41, a price-to-earnings ratio of 20.91, a PEG ratio of 1.77 and a beta of 0.98.
Mondelez International (NASDAQ:MDLZ) last released its earnings results on Monday, October 30th. The company reported $0.57 earnings per share for the quarter, beating analysts’ consensus estimates of $0.54 by $0.03. Mondelez International had a return on equity of 12.31% and a net margin of 8.61%. The company had revenue of $6.53 billion during the quarter, compared to analyst estimates of $6.45 billion. During the same quarter in the previous year, the company posted $0.52 EPS. Mondelez International’s revenue for the quarter was up 2.1% on a year-over-year basis. sell-side analysts anticipate that Mondelez International will post 2.14 earnings per share for the current year.
In other Mondelez International news, Director Lewis W. K. Booth purchased 1,500 shares of Mondelez International stock in a transaction that occurred on Thursday, November 9th. The shares were bought at an average price of $41.29 per share, for a total transaction of $61,935.00. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. 3.60% of the stock is owned by insiders.
TRADEMARK VIOLATION NOTICE: This piece of content was posted by American Banking News and is the property of of American Banking News. If you are viewing this piece of content on another website, it was illegally copied and republished in violation of international copyright legislation. The correct version of this piece of content can be accessed at https://www.americanbankingnews.com/2017/12/13/mondelez-international-inc-declares-quarterly-dividend-of-0-22-mdlz.html.
About Mondelez International
Mondelez International, Inc is a snack company. The Company manufactures and markets snack food and beverage products for consumers. It operates through four segments: Latin America, Asia, Middle East, and Africa (AMEA), Europe and North America. As of December 31, 2016, its brands spanned five product categories: Biscuits (including cookies, crackers and salted snacks); Chocolate; Gum and candy; Beverages (including coffee and powdered beverages), and Cheese and grocery.
Receive News & Ratings for Mondelez International Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Mondelez International and related companies with MarketBeat.com's FREE daily email newsletter.