Mondelez International Raises $0.50 Dividend, Q1 Revenues Up 8.2% Despite EPS Decline
MDLZ•Mondelez International declares a quarterly dividend of $0.50 per share, payable July 14 to shareholders of record on June 30. The company posted Q1 net revenues up 8.2% (organic up 3.0%) while adjusted EPS fell 14.9% on constant currency, and an upgrade cites profitability normalization.
1. Dividend Declaration
The Board of Directors declared a regular quarterly dividend of $0.50 per share of Class A common stock, payable July 14, 2026 to shareholders of record at the close of business on June 30, 2026.
2. Q1 Financial Performance
In the first quarter, net revenues rose 8.2% year-over-year with organic net revenues up 3.0%, while adjusted earnings per share declined 14.9% on a constant currency basis, reflecting margin pressures.
3. Sustainability Progress
The company achieved nearly 100% sustainable cocoa sourcing through its Cocoa Life program and advanced roughly 60% toward its 2030 greenhouse gas emissions reduction targets, reinforcing its long-term environmental commitments.
4. Analyst Upgrade and Outlook
An upgrade to a buy rating highlighted early signs of profitability normalization, limited downside risk for full-year results and the potential for volume stabilization through the remainder of 2026 as pricing initiatives take effect.
