Mondelez International

This sum will aid in the purchase of medical supplies and other critical equipment for the frontline workers in the fight against the COVID-19 pandemic.

Mondelez International Inc. stock currently trading at $58 per share, may be a decent investment opportunity at the moment. Mondelez International Inc makes and sells snacks, including biscuits (cookies, crackers and salted snacks), chocolate, gum & candy, as well as various cheese & grocery...

In trading on Tuesday, shares of Mondelez International crossed above their 200 day moving average of $52.98, changing hands as high as $53.02 per share.

The Board of Directors of Mondelēz International, Inc. (NASDAQ: MDLZ) today declared a regular quarterly dividend of $0.285 per share of Class A common stock. This dividend is payable on July 14, 2020, to shareholders of record as of the close of business on June 30, 2020.

Net revenues increased 2.6% driven by Organic Net Revenue1 growth of 6.4% partially offset by unfavorable currency impacts Diluted EPS was $0.52, down 17.5% due to unrealized losses in mark-to-market impact from currency and commodities derivatives; Adjusted EPS1 was $0.69, up 10.8% on a constant-currency basis Cash provided by operating activities was $284 million; Free Cash Flow1 was $70 million Return of capital to shareholders was $1.1 billion Long-term fundamentals and strategy remain intact; full-year 2020 outlook withdrawn due to uncertainty around the impact of COVID-19 on financial and operating results

Mondelēz International has announced it completed its previously announced agreement to acquire a significant majority interest in Give & Go, a North American leader in fully-finished sweet baked goods and owners of the famous two-bite brand of brownies and the Create-A-Treat brand. “As we continue to establish foundations in fast-growing snacking adjacencies, this is an important acquisition for our company that supports our ambition to lead the future of snacking. We look forward to working with the Give & Go management team as they build on their leading position in the large and fast-growing in-store bakery channel,” said Glen Walter, executive vice president and president of North America for Mondelēz International.