October 22, 2025 a 07:31 am
MDLZ: Dividend Analysis - Mondelez International, Inc.
Mondelez International, Inc. (MDLZ) is a key player in the global snack industry. With a market cap of approximately $79.9 billion, it offers a stable dividend yield of 3.06%. This report examines MDLZ’s dividend payment history, growth, and overall financial health, providing insights into its potential as a long-term investment.
📊 Overview
The overview of Mondelez's dividend profile reveals a commitment to shareholder returns. Stability is emphasized by a 25-year history of uninterrupted dividend payments.
| Key Metrics | Details |
|---|---|
| Sector | Consumer Staples |
| Dividend yield | 3.06% |
| Current dividend per share | $1.75 |
| Dividend history | 25 years |
| Last cut or suspension | None |
📈 Dividend History
Mondelez's robust dividend history over 25 years signifies strong financial discipline. Such stability is crucial for investors seeking consistent income.
| Year | Dividend per Share (USD) |
|---|---|
| 2025 | 1.44 |
| 2024 | 1.79 |
| 2023 | 1.62 |
| 2022 | 1.47 |
| 2021 | 1.33 |
✅ Dividend Growth
The growth in dividends of a company reflects its ability to enhance shareholder value over time. Mondelez exhibits a steady growth in dividends, indicative of a strong and expanding financial base.
| Time | Growth |
|---|---|
| 3 years | 10.41% |
| 5 years | 10.43% |
The average dividend growth is 10.43% over 5 years. This shows moderate but steady dividend growth.
📍 Payout Ratio
Payout ratios provide insights into how sustainable a company's dividend payments are in relation to its earnings and free cash flow.
| Key Figure Ratio | Percentage |
|---|---|
| EPS-based | 62.30% |
| Free cash flow-based | 79.22% |
The payout ratio of 62.30% (EPS) indicates a moderately conservative approach, whereas a ratio of 79.22% (FCF) suggests high cash flow allocation towards dividends.
💹 Cashflow & Capital Efficiency
Efficiency in capital allocation and cash flow generation is paramount for sustaining growth and dividends.
| 2024 | 2023 | 2022 | |
|---|---|---|---|
| Free Cash Flow Yield | 4.40% | 3.65% | 3.27% |
| Earnings Yield | 5.76% | 5.02% | 2.96% |
| CAPEX to Operating Cash Flow | 28.25% | 23.59% | 23.18% |
| Stock-based Compensation to Revenue | 0.40% | 0.41% | 0.38% |
| Free Cash Flow / Operating Cash Flow Ratio | 71.75% | 76.41% | 76.82% |
Mondelez maintains strong cash flow metrics, supporting their dividend policy and indicating effective capital allocation strategies.
🗣️ Balance Sheet & Leverage Analysis
Analyzing the balance sheet provides insights into the company’s risk profile and its capacity to meet financial obligations.
| 2024 | 2023 | 2022 | |
|---|---|---|---|
| Debt-to-Equity | 68.22% | 70.40% | 87.57% |
| Debt-to-Assets | 26.82% | 27.94% | 33.08% |
| Debt-to-Capital | 40.55% | 41.31% | 46.69% |
| Net Debt to EBITDA | 2.11 | 2.37 | 4.54 |
| Current Ratio | 0.64 | 0.62 | 0.60 |
| Quick Ratio | 0.48 | 0.43 | 0.40 |
| Financial Leverage | 2.54 | 2.52 | 2.65 |
There appears to be a gradual improvement in leverage ratios from 2022 to 2024, indicating stronger financial solidity and lower risk exposure.
💼 Fundamental Strength & Profitability
A comprehensive look at profitability metrics is crucial to understand MDLZ's fundamental strength and long-term performance potential.
| 2024 | 2023 | 2022 | |
|---|---|---|---|
| Return on Equity | 17.12% | 17.50% | 10.11% |
| Return on Assets | 6.73% | 6.95% | 3.82% |
| Margins: | |||
| Net | 12.65% | 13.77% | 8.63% |
| EBIT | 18.58% | 17.85% | 11.61% |
| EBITDA | 22.15% | 21.23% | 15.12% |
| Gross | 39.12% | 38.22% | 35.92% |
| R&D to Revenue | 0% | 0% | 0% |
Mondelez demonstrates robust profitability with increasing margins, indicating competitive strength and efficient operations.
📉 Price Development
⚖️ Dividend Scoring System
| Category | Score | |
|---|---|---|
| Dividend yield | 4 | |
| Dividend Stability | 5 | |
| Dividend growth | 3 | |
| Payout ratio | 3 | |
| Financial stability | 4 | |
| Dividend continuity | 5 | |
| Cashflow Coverage | 4 | |
| Balance Sheet Quality | 4 |
Overall Score: 32/40
🌟 Rating
Mondelez International, Inc. presents a compelling dividend profile with strong consistency and growth prospects. Its impressive financial fundamentals and robust market position support a "Buy" recommendation for income-focused investors.