Vodafone Share Discussion Threads

[diku] 01/8/2024 12:02

Rate cut...

[laurence llewelyn binliner] 01/8/2024 11:44

CMA - anticipated joint venture between Vodafone Group Plc and CK Hutchison Holdings Limited concerning Vodafone Limited and Hutchison 3G UK Limited..

Phase 2 date - 12 October 2024 statutory deadline to publish final report..

[diku] 01/8/2024 11:40

Too many suffering PI's shareholders stuck in VOD...look at Lloy stuck below 100p for how many years...LLoy and VOD are like churning machine...

[vas007] 01/8/2024 11:37

I hope you are right. I'm still holding my stock.

[blackhorse23] 01/8/2024 00:57

Vodafone dividend among £3bn of cash for investors in August

[davius] 31/7/2024 21:52

A £1 billion distribution that marks the end of an era for high-yielding Vodafone Group is among £3.2 billion of dividend payments due from nine FTSE 100 companies in August.

The biggest is the £1.3 billion quarterly dividend of British American Tobacco, while others of note include £153 million from Burberry Group before it turns off the dividend taps.

As with last year, Vodafone is the highest-yielding stock in the month’s dividend diary.

The current 10.4% is based on another payment of 4.5 euro cents a share, continuing the run of interim and final awards at this level going back to February 2020. This converts in sterling to 3.79p a share, down from 3.84p in February and the peak of 4.08p in August 2020.

As recently as August 2018 the distribution stood at 10.23 euro cents or 9.9p a share.

That was announced by boss Vittorio Colao alongside 2017-18 results showing service revenues of 41 billion euros and adjusted earnings per share of 11.59 cents. The equivalent figures in last May’s results were 29.9 billion and 7.47 cents respectively.

The shares have more than halved since that 2018 payday to reach their lowest level in two decades, fuelled by intense competition in key markets including Germany.

As part of a wide-ranging restructuring that has led to the sale of operations in Italy and Spain, chief executive Margherita Della Valle recently announced a new capital allocation framework that will rebase the 2025 total dividend to 4.5 cents.

The cut will be offset by plans for share buybacks worth four billion euros (£3.4 billion), part of the 12 billion euros (£10.3 billion) of proceeds from disposals. Based on recent UBS forecasts, Vodafone now trades with a forward dividend yield of 5.5%.

[davius] 31/7/2024 14:29

Yes, good opening surge then at ten sharp the sells began.

[barnes4] 31/7/2024 13:50

Every day the same pettern

[blackhorse23] 29/7/2024 12:36

Some will be reinvesting dividends to buy more shares for tax purposes , which will boost share price

[garycook] 29/7/2024 11:01

Dividend for 02/08 Pence per ordinary share 3.78989

[garycook] 29/7/2024 11:00

Dividend for 02/08 is Pence per ordinary share 3.78989

[blackhorse23] 29/7/2024 10:31

Looking very good

[diku] 27/7/2024 11:25

CURYman...VOD only 10k buyback shares yesterday...

[wendsworth] 26/7/2024 16:48

Trading update very much supports the view that tis leviathan has been turned round. Now its 'steady as she goes' ...UP. Am hoping to attend next Tuesday's AGM at Newbury. Could prove to be interesting.

[onehanded] 26/7/2024 13:56

Looks like £1 target in play. More share buyback to commence soon and could go on till oct. Think when this giant gets going it will keep going up. Maybe not in massive percentage in 1 day but day after day.

[barnes4] 26/7/2024 13:29

What a horse 😂😂😂😂

[blackhorse23] 26/7/2024 13:17

Dividend pay date 2nd august

[blackhorse23] 26/7/2024 13:17

Current rates 8%

[bargainsniper] 26/7/2024 11:58

5% for 2025 as it will be cut

[stallone10] 26/7/2024 11:49

What’s the dividend yield on this

[netcurtains] 26/7/2024 10:13

closing what?

[diku] 26/7/2024 10:13

CURYman...you happy today...

[blackhorse23] 26/7/2024 10:10

75p closing?