Should Dividend Growth Investors Buy This Blue-Chip Stock?
Dividend growth investing is gaining a real following over the past year as a viable strategy for boosting a retirement portfolio. And it's not hard to see why: Stocks that pay growing dividends tend to be less volatile overall, which can limit your losses during a correction or bear market. It's a big part of why Dividend growth stocks, as an investment class, often outperform the broader market when it comes to total return.
The consumer staple Mondelez International (NASDAQ: MDLZ) is a great example of this trend. Looking at the past five years, Mondelez and the S 500 index were performing pretty much on par with each other on a total return basis during the first four years. But since early 2022, Mondelez is crushing the S 500's performance. So looking at the past five years overall, the stock's 124% total returns are now nearly double the 69% total returns delivered by the S 500.
This raises the following question: Are shares of Mondelez a buy for dividend growth investors? Let's look at the company's fundamentals and valuation to find out.
Source Fool.com
Mondelez International Inc. A Stock
With 28 Buy predictions and not a single Sell prediction Mondelez International Inc. A is an absolute favorite of our community.
As a result the target price of 73 € shows a slightly positive potential of 15.31% compared to the current price of 63.31 € for Mondelez International Inc. A.
