Mondelēz International Declares Regular Quarterly Dividend of $0.285 per Share
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.
News Market Reaction
On the day this news was published, MDLZ declined 1.67%, reflecting a mild negative market reaction.
Data tracked by StockTitan Argus on the day of publication.
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 |
FAQ
What is the dividend amount declared by Mondelēz International in May 2020?
When is the payout date for the dividend declared by MDLZ?
What is the record date for the dividend from Mondelēz International?
How much were Mondelēz International's net revenues in 2019?
