Mondelez International, Inc. (NASDAQ:MDLZ) is included among the 13 Best High Dividend Stocks to Buy Under $100.
Mondelez International, Inc. (NASDAQ:MDLZ) is a global powerhouse in the snack industry, home to a wide range of iconic brands. It was created in 2012 after Kraft Foods Group spun off its grocery division, which later became Kraft Heinz, while keeping and rebranding its snack food business as Mondelez.
Since then, Mondelez International, Inc. (NASDAQ:MDLZ) has steadily broadened its portfolio, completing 10 acquisitions since 2018. These deals have strengthened its core categories while also pushing into adjacent markets. The guiding strategy is to target acquisitions that accelerate growth and fill gaps in its product lineup.
In recent years, Mondelez International, Inc. (NASDAQ:MDLZ) has increasingly focused on acquiring brands that specialize in healthier or premium offerings, either reinforcing its presence in core markets or extending its reach into new categories.
This strategy has enabled Mondelez International, Inc. (NASDAQ:MDLZ) to focus generously on its shareholder return. On July 30, the company declared a 6.4% hike in its quarterly dividend to $0.50 per share. This marked the company’s 12th consecutive year of dividend growth, which makes MDLZ one of the best dividend stocks under $100. As of September 18, the stock has a dividend yield of 3.16%.
While we acknowledge the potential of MDLZ as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.
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