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Vodafone Group Public Limited Company Message Board

  • nexon78 nexon78 Nov 28, 2012 4:00 AM Flag

    Vodafone will continue Verizon dividend

    FRANKFURT | Wed Nov 28, 2012 8:29am GMT

    FRANKFURT (Reuters) - British mobile operator Vodafone Group Plc (VOD.L) expects to continue to pay a dividend from its investment in Verizon Wireless, its financial chief told a German daily.

    "As long as the business develops in the way it has recently there is reason to believe that the shareholders will receive significant sums in the future," Andy Halford told newspaper Boersen-Zeitung.

    U.S. mobile operator Verizon Wireless announced earlier this month that it would pay $8.5 billion in dividends to its two parent companies, Verizon Communications (VZ.N) - which owns 55 percent of Verizon Wireless - and Vodafone

35.09-0.25(-0.71%)Dec 19 4:00 PMEST

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