Mondelez International stock gains on solid 2026 earnings and dividend yield

Mondelez International stock (ISIN US6092071058) is trading in the mid-50 dollar range, with a recent quote of USD 54.63 as of March 13, 2026, while the snacks group continues to deliver rising revenues and a growing dividend for 2026 according to data compiled by StockAnalysis.

2026 earnings show higher sales and EPS

According to summaries of Mondelez International 10-Q filings, the company reported net revenues of USD 9,355 million in Q2 2026 for the quarter ended June 30, 2026, up from USD 9,204 million in Q3 2025, while year-to-date 2026 net revenues reached USD 19,435 million.

In the same Q2 2026 period, operating income increased to USD 1,946 million from USD 1,172 million in the prior-year quarter, a rise of 66.1% that was driven largely by mark-to-market gains on commodity and foreign currency derivatives and lower pension settlement impacts, as highlighted in the 10-Q overview.

Net earnings attributable to Mondelez International climbed to USD 1,548 million in Q2 2026 from USD 641 million a year earlier, and diluted EPS rose to USD 1.20 compared with USD 0.49, meaning earnings per share more than doubled year-on-year for that quarter according to the same filing summaries.

Margin pressures in Q1 offset by pricing

The same 10-Q analysis notes that in Q1 2026, net revenues increased 8.2% to USD 10.1 billion for the quarter ended March 31, 2026, while Organic Net Revenue rose 3.0% to USD 9.6 billion, driven mainly by pricing and favorable currency effects as reported in the quarterly summary.

Despite the higher top line in Q1 2026, Adjusted Operating Income fell 14.0% to USD 1.18 billion, or 19.0% lower on a constant-currency basis, reflecting higher raw material costs, unfavorable mix and higher advertising and overhead expenses that more than offset price increases and productivity gains.

Adjusted EPS in Q1 2026 declined 9.5% to USD 0.67, and on a constant-currency basis it fell 14.9% to USD 0.63, showing that profitability on an adjusted basis did not fully keep pace with revenue growth even as reported diluted EPS benefited from a smaller mark-to-market loss on hedges.

Cash generation, balance sheet and shareholder returns

For the first six months of 2026, cash from operating activities stood at USD 1,322 million compared with USD 1,400 million in the same period of the prior year, indicating a modest decline in operating cash flow despite higher sales, according to the 10-Q overview.

Capital expenditures in the first half of 2026 increased to USD 654 million from USD 312 million in Q1 alone, as Mondelez International continues to invest in its supply chain and a multi-year ERP system implementation detailed in the filing summary.

The balance sheet at June 30, 2026 showed total assets of USD 71,247 million, total liabilities of USD 44,555 million and shareholders equity of USD 26,639 million, underlining a substantial asset base and leverage profile typical for a large consumer goods group.

In the same six-month period of 2026, Mondelez International returned cash to shareholders with dividends totaling USD 1.288 billion and share repurchases of about USD 210 million, illustrating a combination of income and buyback support for Mondelez International stock.

Dividend growth supports income profile

According to dividend data compiled by StockAnalysis, Mondelez International has an annual dividend of USD 2.00 per share in early 2026, implying a dividend yield of 3.65% at the quoted price level of USD 54.63.

The same source indicates that the March 31, 2026 ex-dividend date carried a quarterly dividend of USD 0.500 per share, up from USD 0.470 per share in 2025, meaning the quarterly payout rose about 6.4% year-on-year at that specific date.

Dividend growth over one year is reported at 7.36%, and the company has grown its dividend for 12 consecutive years, a track record that can be attractive for investors who view Mondelez International stock as a defensive income holding in the global consumer staples sector.

Global snacking portfolio with Oreo as flagship brand

Mondelez International is best known for its global snacking brands, with Oreo cookies as one of its flagship products that contribute significantly to the biscuits segment and underpin the companys revenue base in North America and Europe.

The group also owns brands such as Cadbury chocolate and Milka, and these confectionery lines together with Oreo and other biscuits support a diversified portfolio across categories and regions, helping to smooth out demand over economic cycles.

Stock price and investor perspective

Mondelez International stock most recently traded at USD 54.63 according to the March 13, 2026 quote on StockAnalysis, with that price level supporting a dividend yield of 3.65% and indicating that the shares are positioned as an income-oriented consumer staples holding on Nasdaq rather than a high-growth technology play.