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Mondelez also raised its dividend 6% to 50 cents. The new payout, equal to $2 a year, is equivalent to a 2.9% annual yield based on Tuesday's closing price of $69.71. The dividend is payable on Oct.

CHICAGO (AP) — CHICAGO (AP) — Mondelez International Inc. (MDLZ) on Tuesday reported second-quarter net income of $641 million. The Chicago-based company said it had net income of 49 cents per share.