Defensive Dividend Growth: Has Mondelez Become Unbeatable?

Summary

  • Mondelez International is a top consumer defensive stock with a 2.4% dividend yield and a strong dividend track record.
  • The company has outperformed the Consumer Staples ETF and the S&P 500, thanks to its focus on the right products, expanding into strong markets, and improving margins.
  • Mondelez achieved impressive financial results in the first half of 2023, with organic net revenue growth of nearly 18% and strong pricing power.
  • Looking for a helping hand in the market? Members of iREIT on Alpha get exclusive ideas and guidance to navigate any climate. Learn More »

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Introduction

Whenever I think of Mondelez International (NASDAQ:MDLZ), I think of the last time I ate way too many Oreos. However, it also makes me think of one of the best consumer defensive stocks on the market - maybe THE

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This article was written by

42.89K Followers

Leo Nelissen is an analyst focusing on major economic developments related to supply chains, infrastructure, and commodities. He is a contributing author for iREIT®+HOYA Capital.

As a member of the iREIT®+HOYA Capital team, Leo aims to provide insightful analysis and actionable investment ideas, with a particular emphasis on dividend growth opportunities. Learn More.

Analyst’s Disclosure:I/we have a beneficial long position in the shares of PEP either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.

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