Mondelēz International Declares Regular Quarterly Dividend of $0.35 per share
Rhea-AI Summary
The Board of Directors of Mondelēz International (Nasdaq: MDLZ) has declared a quarterly dividend of $0.35 per share of Class A common stock. This dividend will be payable on July 14, 2022, to shareholders who are on record by the close of business on June 30, 2022. Mondelēz, a leader in the snacking industry, reported approximately $29 billion in net revenues for 2021, showcasing its iconic brands like OREO, Cadbury, and Sour Patch Kids.
Positive
- Quarterly dividend of $0.35 per share signals strong cash flow.
- Company reported net revenues of approximately $29 billion in 2021.
Negative
- None.
News Market Reaction
On the day this news was published, MDLZ declined 7.27%, reflecting a notable negative market reaction.
Data tracked by StockTitan Argus on the day of publication.
CHICAGO, May 18, 2022 (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 2021 net revenues of approximately
| Contacts: | Tracey Noe |
| +1-847-943-5678 | |
| news@mdlz.com |
FAQ
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