News Focus
News Focus
Followers 842
Posts 122795
Boards Moderated 10
Alias Born 09/05/2002

Re: DewDiligence post# 7286

Thursday, 08/08/2013 10:58:28 AM

Thursday, August 08, 2013 10:58:28 AM

Post# of 30493
MDLZ boosts dividend and buyback authorization, sending share-price 4% higher:

http://finance.yahoo.com/news/mondelez-beats-expectations-hikes-buybacks-202131942.html

The buyback authorization was increased to $6M (from $1.2B) and the dividend payout was hiked 8% to an annualized rate of $0.56. The dividend yield at the current share price is 1.7%.

MDLZ maintained its 2013 non-GAAP EPS guidance of $1.55-1.60.

“The efficient-market hypothesis may be
the foremost piece of B.S. ever promulgated
in any area of human knowledge!”

Trade Smarter with Thousands

Leverage decades of market experience shared openly.

Join Now