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Pin to quick picksVodafone Share News (VOD)

Share Price Information for Vodafone (VOD)

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Share Price: 68.44
Bid: 68.40
Ask: 68.44
Change: 0.00 (0.00%)
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UK dividend payouts to increase in 2015, boosted by surging dollar

Mon, 26th Jan 2015 15:26

Companies in the UK are set to pay out more on dividends this year, according to Capita's January dividend monitor, with Big Oil remaining a sector where the dividend is sacrosanct. Firms will boost their regular dividends by 5.7% to reach £83.6bn and may even top 7%, were it not for Vodafone, which is now much smaller.Supermarkets groups will continue to struggle, but the oil majors will not cut their pay-outs, the report declared.Roughly 40% of UK dividends are paid in dollars, so the surging greenback will account for as much as half the growth in payments to shareholders.The underlying rate of growth in companies' payments in 2014 was only 1.4% when excluding payments such as Vodafone's massive £15.9bn payout in the first quarter of 2014.Pay-outs from mid-cap companies rose much faster, however, climbing by 8%.Justin Cooper, chief executive of shareholder solutions at Capita, said, "the year ahead should provide more reason for optimism among income investors".Following the report, Nicla Di Palma, analyst at Brewin Dolphin said she did not believe dividends were safe at any of the UK supermarkets. At Tesco, she believes Tesco chief executive Dave Lewis might leave the interim dividend unchanged from 2014: "this is a nominal amount and we do not believe investors will see significant growth in their Tesco dividend for a few years". At Sainsbury, Di Palma expect a cut in dividend of about 20% this year and 10% next year, with Morrison she is confident a new CEO to cut the dividend to invest in the customer offer but "the uncertainty is by how much".Oil analyst colleague Iain Armstrong added: "We do not believe that the Royal Dutch Shell or BP will reduce their dividends in US dollars. Therefore, UK shareholders can expect a significant increase in sterling terms based on the current exchange rate." "We agree with management at both companies who believe that the dividend is sacrosanct. Therefore, they will if necessary cut capex deeper, increase debt or accelerate their asset disposal programmes rather than overreact to what they consider to be an unsustainably low oil price."
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25 Jan 2024 11:33

Emirates stake in Vodafone poses national security risk, UK says

LONDON, Jan 25 (Reuters) - Emirates Telecommunications' stake in Vodafone is a national security risk in respect of the British company's government contracts, Britain said, adding that Vodafone should take steps to manage the risk. (Reporting by Paul Sandle and Elizabeth Piper, Editing by Kylie MacLellan)

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22 Jan 2024 09:02

Vodafone hails successful European test of enhanced 5G uplink tech

(Alliance News) - Vodafone Group PLC, Qualcomm Inc and Xiaomi Corp on Monday said a first successful 5G test of its kind in Europe will pave the way for faster upload speeds and wider coverage during 2024.

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18 Jan 2024 09:16

LONDON BROKER RATINGS: Exane BNP cuts BAE; Liberum lifts Naked Wines

(Alliance News) - The following London-listed shares received analyst recommendations Thursday morning and Wednesday:

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17 Jan 2024 15:17

Norway's Telenor hopes for consolidation in Europe, CEO says at Davos

DAVOS, Switzerland, Jan 17 (Reuters) - Norway's Telenor hopes to see consolidation in the European telecoms sector although the company itself does not have concrete plans at the moment, its CEO told the Reuters Global Markets Forum in Davos on Wednesday.

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16 Jan 2024 16:17

London close: Stocks finish lower as wage growth eases

(Sharecast News) - London's stock markets finished in the red on Tuesday, as investors assessed the latest UK jobs data.

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16 Jan 2024 10:25

Vodafone signs $1.5 bln Microsoft deal for AI, cloud and IoT

LONDON, Jan 16 (Reuters) - Vodafone has agreed a 10-year partnership with Microsoft to bring generative AI, digital, enterprise and cloud services to more than 300 million businesses and consumers across its European and African markets.

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16 Jan 2024 08:53

TOP NEWS: Vodafone and Microsoft sign 10-year strategic deal

(Alliance News) - Vodafone Group PLC and Microsoft Corp on Tuesday announced a new strategic partnership focused on cloud strategy, digital services and generative artificial intelligence.

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16 Jan 2024 07:19

Vodafone to invest $1.5bn in new Microsoft partnership

(Sharecast News) - Vodafone has signed a 10-year strategic partnership with American software giant Microsoft which will see the UK-listed telecoms group invest $1.5bn over the next decade.

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16 Jan 2024 07:00

Vodafone signs $1.5 bln Microsoft deal for AI, cloud and IoT

LONDON, Jan 16 (Reuters) - Vodafone has agreed a 10-year partnership with Microsoft to bring generative AI, digital, enterprise and cloud services to more than 300 million businesses and consumers across its European and African markets.

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15 Jan 2024 09:11

LONDON BROKER RATINGS: Exane BNP cuts HSBC; Peel Hunt raises Hammerson

(Alliance News) - The following London-listed shares received analyst recommendations Monday morning:

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12 Jan 2024 09:14

LONDON BROKER RATINGS: Goldman likes Glencore; BofA likes easyJet

(Alliance News) - The following London-listed shares received analyst recommendations Friday morning and Thursday:

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11 Jan 2024 08:13

Former ECB head Draghi consults business chiefs on EU competitiveness

Former ECB chief preparing report on EU competitiveness

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10 Jan 2024 14:18

Former ECB head Draghi sounds out businesses to boost EU competitiveness

MILAN, Jan 10 (Reuters) - Mario Draghi met business leaders in Milan on Wednesday as the former Italian prime minister and European Central Bank chief prepares a report on how to boost the continent's competitiveness.

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2 Jan 2024 18:36

Egyptians greeted by hefty price rises in new year

CAIRO, Jan 2 (Reuters) - Egyptians entered the new year facing a series of price hikes as the government battles to keep up with rampant inflation.

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21 Dec 2023 17:13

London stocks slip after global rally pauses

FTSE 100, FTSE 250 down 0.3%

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