Mondelēz Boosts Quarterly Dividend By 11% From $0.425 To $0.47 Per Share
Portfolio Pulse from Benzinga Newsdesk
Mondelēz International has announced an 11% increase in its quarterly dividend, raising it from $0.425 to $0.47 per share. The dividend will be payable on October 14, 2024, to shareholders of record as of September 30, 2024.
July 30, 2024 | 8:22 pm
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Mondelēz International has increased its quarterly dividend by 11%, from $0.425 to $0.47 per share. This move is likely to attract income-focused investors and could positively impact the stock price in the short term.
An increase in dividends is generally seen as a positive signal by the market, indicating the company's strong financial health and commitment to returning value to shareholders. This is likely to attract income-focused investors, potentially driving up the stock price in the short term.
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