On 1 August, Mondelez (MDLZ) increased its quarterly dividend by 10.59%, from 42.5¢ to 47¢ per share.
The dividend will be paid on 14 October to shareholders of record on 30 September. The ex-dividend date is 30 September.
MDLZ's contribution to DivGro's projected annual dividend income will increase by $36 to $376.
I own 200 shares of MDLZ at an average cost basis of $61.03 per share. Following this increase, my yield on cost is 3.08%. (MDLZ's forward yield is 2.70% at $69.72 per share).
Since I opened my MDLZ position in August 2021, the stock has produced total returns of 22%, including $893 in dividend income.
5-Year History of Dividend Payouts by Ex-Date
| 2019 | 2020 | 2021 | 2022 | 2023 | • | 2024 |
| $1.09 | $1.20 | $1.33 | $1.47 | $1.62 | ⬆ | $1.79✝ |
| 13.54% | 10.09% | 10.83% | 10.53% | 10.20% | ⬆ | 10.49% |
| 5-year DGR: | 11.03% | ⬇ | 10.43% | |||
✝projected, assuming no further changes
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