Mondelēz International Declares Regular Quarterly Dividend of $0.285 per Share
The Board of Directors of Mondelēz International (NASDAQ: MDLZ) has declared a regular quarterly dividend of $0.285 per share of Class A common stock.
Sentiment and the balance of points
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Rhea-AI Summary
The Board of Directors of Mondelēz International (NASDAQ: MDLZ) has declared a regular quarterly dividend of $0.285 per share of Class A common stock. This dividend will be payable on July 14, 2020, to shareholders recorded as of the close of business on June 30, 2020. Mondelēz, a leader in the snack industry with approximately $26 billion in 2019 net revenues, offers a wide range of iconic brands, including OREO, Cadbury, and Sour Patch Kids. The company is a member of the S&P 500 and the Dow Jones Sustainability Index.
Positive
- Declared quarterly dividend of $0.285 per share, enhancing shareholder value.
- Strong 2019 net revenues of approximately $26 billion indicate robust business performance.
- Presence in the S&P 500 and Dow Jones Sustainability Index reflects financial stability.
Negative
- None.
Details
News Market Reaction – MDLZ
The recorded move for MDLZ in the trading session of this news was -1.67%.
Data tracked by StockTitan Argus. Session date unavailable.
AI-generated analysis. How Rhea-AI works. Not financial advice.
CHICAGO, May 13, 2020 (GLOBE NEWSWIRE) -- The Board of Directors of Mondelēz International, Inc. (NASDAQ: MDLZ) today declared a regular quarterly dividend of
About Mondelēz International
Mondelēz International, Inc. (NASDAQ: MDLZ) empowers people to snack right in over 150 countries around the world. With 2019 net revenues of approximately
| Contacts: | Tom Armitage |
| +1-847-943-5678 | |
| news@mdlz.com |
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