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Mondelez International Declares Quarterly Share Dividend

Snack food giant Mondelez International has declared a regular quarterly dividend of $0.19 per share.

The company, which produces brands such as Oreo, Cadbury and Trident gum, will made the dividends payable on 13 July 2017.

Mondelez posted a 0.6% increase in organic net revenue in the first quarter of the year, with sales of $6.4 billion.

Commenting at the launch of its full year results, Irene Rosenfeld, chairman and chief executive of Mondelez, said that the company remains "confident in and committed to our balanced strategy for both top- and bottom-line growth, continuing to focus on what we can control to deliver long-term value creation for our shareholders."

© 2017 European Supermarket Magazine – your source for the latest retail news. Article by Sarah Harford. Click subscribe to sign up to ESM: The European Supermarket Magazine

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