Mondelez International, Inc. (NASDAQ:MDLZ) is included among the The 14 Best Food Dividend Stocks to Buy According to Analysts.
Mondelez International, Inc. (NASDAQ:MDLZ) is an American multinational confectionery, beverage and snack company. Their products include Oreos, Chips Ahoy, Cadbury chocolate, Sour Patch Kids and many other cookies, candies and bars. Their products are everywhere and it’s easy to see why they’ve become such a big name in snacks.
For people who own its shares, Mondelez International, Inc. (NASDAQ:MDLZ) has been rewarding. Over the past five years, it has increased its dividend by more than 10% annually and bought back billions of dollars’ worth of stock, reducing total shares by about 15% since 2018. The company appears determined to maintain that momentum, return cash to shareholders while expanding its line of popular treats around the world.
Mondelez International, Inc. (NASDAQ:MDLZ) increased its dividend in July of this year and now pays a quarterly dividend of $0.50 per share. This was the twelfth consecutive year in which the company increased its dividend. With a dividend yield of 3.19%, as of October 5, MDLZ is among the best dividend stocks to own in the food sector.
While we recognize MDLZ’s potential as an investment, we believe certain AI stocks offer greater growth potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that’s also benefiting significantly from Trump-era tariffs and the offshoring trend, check out our free report on best short-term AI stock.
READ NEXT: 11 Best BDC Stocks to Buy Now and Dividend Champions List: Top 15 Stocks to Buy.
Disclosure: None.