Vodafone Group PLC (NASDAQ:VOD) Declares Dividend of $0.26

Vodafone Group PLC (NASDAQ:VOD) declared a dividend on Tuesday, November 10th. Shareholders of record on Friday, November 20th will be paid a dividend of $0.2588 per share by the cell phone carrier on Wednesday, February 3rd. This represents a yield of 334.0%. The ex-dividend date of this dividend is Friday, November 20th.

Vodafone Group has decreased its dividend payment by an average of 0.1% annually over the last three years. Vodafone Group has a dividend payout ratio of 44.2% meaning its dividend is sufficiently covered by earnings. Analysts expect Vodafone Group to earn $1.75 per share next year, which means the company should continue to be able to cover its $0.50 annual dividend with an expected future payout ratio of 28.6%.

Vodafone Group Trading Down 0.3%

Shares of NASDAQ VOD traded down $0.04 during midday trading on Wednesday, hitting $15.46. The company’s stock had a trading volume of 1,466,619 shares, compared to its average volume of 4,080,406. The company has a debt-to-equity ratio of 0.84, a quick ratio of 1.11 and a current ratio of 1.14. The stock has a fifty day moving average price of $16.32 and a 200 day moving average price of $15.44. Vodafone Group has a one year low of $11.71 and a one year high of $17.71.

Vodafone Group Company Profile

Vodafone Group is a telecommunications company headquartered in the United Kingdom. It provides mobile and fixed-line connectivity, broadband, voice and data services to consumers, businesses and public-sector organizations. The company also offers business technology services, including Internet of Things connectivity and digital solutions. Its operations and services span Europe and Africa, with Vodacom serving as a major part of its African business, and it works with partner networks to serve customers in other markets.