Make your money go further for just 25p per day

Vodafone’s dividend is safe for now

Vodafone’s dividend is safe for now
The telecoms giant has reassured shareholders by confirming that it will maintain its pay-out at 15.07ȼ a share for the 2019 financial year. Good news for all those income investors who have hung on as the share price has collapsed.


Vodafone’s (VOD) has told the Financial Times that it expects a pick up in performance in the UK business after many years of declines. Recently, its local mobile phone division has struggled amid changes to data roaming laws and after receiving backlash for poor service. Chief executive Nick Read said he expected underlying Ebitda growth to accelerate in the UK as more cost savings came through thanks to “radical simplification”, while customer additions are improving – in the first half of the 2019 financial year, the group added 181,000 new UK clients, compared to 59,000 in FY2018.

But optimistic investors should be aware that Vodafone is among a number of telecoms companies facing backlash from Ofcom and the Citizens Advice Bureau (CAB) for continuing to charge customers for contracts which have ended. In late September, the CAB issued a ‘super complaint’ to the Competition and Markets Authority (CMA) which is currently considering how it…

Sign up and read the full article

Register to continue reading this article.

Get FREE access now

Already a member? Login

Have your say

Log in or register to view or add comments.

For access to the top news and insights from the investment world


Become a Champion Investor for as little as £3.20 per report or get a year's worth of money-making analysis for just £90.


More on Vodafone

The week at a glance: 22 July – results madness

26/07/2019 · News & Insights

Who says 38-degree heat isn’t the perfect temperature for analysing company results? For those who didn’t…

Dividend dogs vs diamonds: Part 1 – beware the yield

21/05/2019 · Investors Clinic

A high yielding dividend might be very tempting to investors seeking a little extra income, but…

Vodafone cuts dividend: are the shares still worth holding?

14/05/2019 · News & Insights

Vodafone has cut its dividend for the first time in nearly 30 years, but shareholders don’t…

Vodafone’s dividend is its thorn and its jewel

25/01/2019 · Investors Clinic
Investors buy and sell Vodafone based on the health of its dividend. With a yield of…

Tech in 2019: trends to watch

04/01/2019 · News & Insights
There is no escaping technology. Each year its influence in every industry steps up another notch.…

More Companies Analysed

Avoid calamity - read the results


Batten down the hatches – it’s time to get defensive

Interserve: tough on tracker funds

06/02/2019 · Interserve