Mondelez: Dividend Increase and Value as a Defensive Investment Asset
- 1Mondelez recorded a 2.1% year-over-year adjusted revenue growth rate in the third quarter.
- 2The board approved a 4% increase in Mondelez's quarterly dividend rate.
- 3Mondelez serves as a defensive tool to protect investors during economic difficulties and market downturns.
So what's the key point?
Mondelez increased its revenue and decided to raise dividends for shareholders by 4%. It plays a role in protecting investors when the economy is difficult or the market is performing poorly.
Source The Motley Fool +1 · View original ↗
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