Vodafone is the largest mobile telecommunications network company in the world, with equity interests in 25 countries and Partner Networks in a further 40 countries. At 31 March 2007, Vodafone had approximately 206.4 million proportionate customers worldwide.
I was only joking when I described myself as a dividend scalper. I was 50/50 whether to hold the share up to the dividend and then decided to hold out. I think the US markets are in a bubble and are on the verge of severe declines. If and when the US drops, it will drag everyone else down as well. I've decided to cash out of the market completely for a while and just watch where things go. Going off past years, there may be a Santa Rally, but that isn't certain and could catch investors out. If i'm right, I will definitely be buying back into Vod, if I judge that the price is low. With the current volatility, some shares are good for jumping in and out, assuming you don't get locked in and taking the divi into account, Vod isn't a bad share to get locked into.
i think the point that so many investors miss is that all divi's come out of the share price before dealing starts on ex divi day, so if the divi is 3p & you sell at the point when you receive the divi, you will have to wait about 10 wks to receive it, however if you sell at the point when you dont receive the divi you will receive the same amount in about a week,because the net share price you sell at will be 3p higher. by net share price i meen takeing into account underlying movements in the share price. it never sieses to amaze me how many people dont get this. the daily mail today for instance commented on the fall of vod shares, giveing some obscur reason. in fact vod shares rose yesterday if you allow for the dividend, so to be fair if the financial colemn in the daily mail dont get it !! well i rest my case!!
It just surprised me to see it shoot straight up to 225 after it's just been adjusted ex-div, bearing in mind that dividend scalpers. like me, bailed out lol. Unfortunately I missed 225 and bailed at 223.5. I like VOD, but I think it could drop if the market dives.
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