January 01, 2026 a 07:46 am
MDLZ: Dividend Analysis - Mondelez International, Inc.
Mondelez International has established a robust dividend strategy, providing stable returns for its investors. With a solid dividend history spanning 25 years, the company demonstrates resilience and commitment to shareholder value. Their current dividend yield of 3.60% positions it as an attractive option for income-focused investors.
📊 Overview
Mondelez, a key player in the Consumer Staples sector, offers competitive advantages with its notable dividend metrics. The company's current dividend yield and consistent dividend payments portray a dedication to returning capital to shareholders.
| Key Metrics | Details |
|---|---|
| Sector | Consumer Staples |
| Dividend Yield | 3.60% |
| Current Dividend per Share | 1.75 USD |
| Dividend History | 25 years |
| Last Cut/Suspension | 2014 |
🗣️ Dividend History
Analyzing the dividend history provides insight into a company's financial health and its ability to generate stable cash flows. Mondelez's ability to maintain and grow dividends over time signifies its operational stability and prudent capital management.
| Year | Dividend per Share (USD) |
|---|---|
| 2025 | 1.94 |
| 2024 | 1.79 |
| 2023 | 1.62 |
| 2022 | 1.47 |
| 2021 | 1.33 |
📈 Dividend Growth
Examining dividend growth provides insights into a company's future dividend prospects and potential for capital appreciation. Mondelez demonstrates solid growth, reflecting its capacity to incrementally increase shareholder returns.
| Time | Growth |
|---|---|
| 3 years | 9.69% |
| 5 years | 10.08% |
The average dividend growth is 10.08% over 5 years. This shows moderate but steady dividend growth.
📉 Payout Ratio
Understanding the payout ratio is essential to gauge a company's sustainability in managing and delivering dividends. Mondelez's EPS and FCF-based payout ratios suggest a balanced approach towards reinvesting in growth while rewarding shareholders.
| Key Figure | Ratio |
|---|---|
| EPS-based | 64.67% |
| Free Cash Flow-based | 98.74% |
The EPS payout ratio of 64.67% indicates a disciplined distribution approach, while the high FCF payout ratio of 98.74% suggests significant investment in share repurchases or other capital returns.
Cashflow & Capital Efficiency
Cash flow management reveals a company's ability to sustain operations and finance dividends. Mondelez's cash flow ratios indicate efficient capital utilization, enhancing value creation.
| Metric | 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% |
The data indicates effective cash flow management with solid earning yields, though the decreasing free cash flow yield calls for attention to maintaining operational efficiency.
Balance Sheet & Leverage Analysis
An analysis of leverage ratios highlights how well Mondelez manages its debt. A balanced ratio indicates financial stability and potential for growth through efficient capital use.
| Metric | 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 | 0.68 | 0.62 | 0.60 |
| Quick Ratio | 0.48 | 0.43 | 0.40 |
| Financial Leverage | 2.54 | 2.52 | 2.65 |
Mondelez's stable debt-to-equity and net debt to EBITDA ratios suggest a solid balance sheet, although improved liquidity ratios would enhance financial flexibility.
Fundamental Strength & Profitability
Profitability metrics highlight Mondelez's operational efficiency and ability to generate returns on investments, crucial for long-term growth and dividend sustainability.
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Return on Equity | 17.12% | 17.50% | 10.11% |
| Return on Assets | 6.73% | 6.95% | 3.82% |
| Net Margin | 12.65% | 13.77% | 8.63% |
| EBIT Margin | 18.58% | 17.85% | 11.61% |
| EBITDA Margin | 22.15% | 21.23% | 15.12% |
| Gross Margin | 39.12% | 38.22% | 35.92% |
| Research & Development to Revenue | 0% | 0% | 0% |
The company's attractive return on equity and margin figures underscore strong profitability, though muted R&D investments may limit innovation-driven growth.
Price Development
🔍 Dividend Scoring System
| Criteria | Score | |
|---|---|---|
| Dividend Yield | 4/5 | |
| Dividend Stability | 5/5 | |
| Dividend Growth | 4/5 | |
| Payout Ratio | 3/5 | |
| Financial Stability | 4/5 | |
| Dividend Continuity | 5/5 | |
| Cashflow Coverage | 3/5 | |
| Balance Sheet Quality | 4/5 |
Overall Score: 32/40
✅ Rating
Mondelez International delivers a compelling dividend profile supported by stable financial metrics and an enduring commitment to shareholder value. The company's solid history of dividend payments and consistent growth underscore a moderate risk with high-income potential. As a result, it stands as a robust choice for dividend investors seeking a reliable income stream and long-term capital appreciation.