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Earn Sweet, Sweet Dividend Income With Mondelez International?
Mondelez International ($MDLZ). It’s the company that makes delicious snack foods like Oreos, Sour Patch Kids, and Tang. It’s also an incredible dividend growth company, raising its payouts by an average of 10% per year for the past five years. And, Mondelez is a stock that’s currently trading at near its 52-week low.
All good.
But, could this stock go lower due to political headwinds?
And would income investors be safer with their money parked in a high-yield savings account or government-backed treasury bill?
Find out the answers to these questions — and more! — in today’s article.
What Does Mondelez International Do?
Mondelez is an $80 billion snack food conglomerate that operates in North America, Latin America, Asia, Africa, Europe, and the Middle East. They own a huge portfolio of recognizable brands like Oreo, Chips Ahoy!, Toblerone, Tang, Ritz, Club Social, and Wheat Thins.
While these are all “snack foods,” Mondelez products cover a wide range of snacking niches, from salty crackers to sweet cookies to flavored drinks.
Additionally, many of these products are market-leaders within their niche.