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Vodafone Group Plc Message Board

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  • dbtunr dbtunr Nov 25, 2012 7:18 AM Flag

    What is up this the dividend?

    First off, VOD gives a semi-annual dividend, not a qtrly one. This dividend is their initial dividend for next Feb of about 51c (hence the $1.02 for the year). Last year it included a special dividend from VZW. This year they are doing a buy back instead with the VZW dividend. This years initial dividend excluding the special dividend is 7% greater than last year. The final dividend which is declared in June is always larger than the initial. Figure the yield as about 6%.

    You can find this all on the Vodafone home page including a list of historical dividends and judge for yourself.

30.90+0.11(+0.36%)Jul 29 4:00 PMEDT