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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
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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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18 Dec 2023 10:43

UPDATE: Vodafone confirms eyeing merger or disposal of Italy business

(Alliance News) - Vodafone Group PLC on Monday confirmed it is "exploring options with several parties" to combine or sell its telecommunications operations in Italy.

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18 Dec 2023 09:17

PRESS: France's Iliad prepares offer to combine with Vodafone in Italy

(Alliance News) - France's Iliad SA wants to finalise by the end of January a proposal to Vodafone Group PLC to combine their telecommunications operations in Italy, Reuters reported late Friday.

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18 Dec 2023 09:07

LONDON MARKET OPEN: FTSE 100 edges higher as Fed rally fades elsewhere

(Alliance News) - The FTSE 100 managed to eke out some minor gains at Monday's market open, while stocks elsewhere pulled back after last week's advance.

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18 Dec 2023 08:52

Vodafone surges as Iliad proposes merging Italian businesses

(Sharecast News) - Vodafone confirmed on Monday that it is in talks with several parties about the potential merger or disposal of its Italian unit, after France's Iliad said it had submitted a proposal to merge their two Italian businesses.

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18 Dec 2023 08:05

Iliad invites Vodafone to merge their Italian operations

PARIS, Dec 18 (Reuters) - Iliad said on Monday it had submitted a proposal to Vodafone to merge their Italian businesses, adding this project had the unanimous support of its board of directors.

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18 Dec 2023 07:59

Iliad invites Vodafone to merge their Italian operations

PARIS, Dec 18 (Reuters) - Iliad said on Monday it had submitted a proposal to Vodafone to merge their Italian businesses, adding this project had the unanimous support of its board of directors.

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15 Dec 2023 18:59

Iliad wants to finalise JV proposal for Vodafone Italy by end-January -sources

LONDON/MILAN, Dec 15 (Reuters) - French telecoms group Iliad wants to finalise a proposal to Vodafone Italy to combine their Italian operations in a joint venture by the end of January, two sources briefed on the matter said.

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14 Dec 2023 10:44

Sumitomo partners with Vodafone and Deloitte to speed up global trade

(Alliance News) - Sumitomo Mitsui Financial Group Inc and Vodafone Group PLC will team up with Deloitte and Nexxiot to support global autonomous freight handling, the firms announced on Thursday.

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13 Dec 2023 17:07

European shares subdued as markets look to Fed decision for cues

BASF rises on UBS rating upgrade

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12 Dec 2023 18:34

Ukraine's top mobile operator hit by biggest cyberattack of war so far

Kyivstar's IT systems 'partially destroyed'

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12 Dec 2023 18:06

UK may ban some mid-contract mobile and broadband price hikes

LONDON, Dec 12 (Reuters) - Britain's telecoms regulator proposed banning inflation-linked price rises in the middle of customers' broadband and mobile contracts, saying the practice was unfair on consumers and hampering competition.

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12 Dec 2023 16:55

LONDON MARKET CLOSE: Europe rally loses steam as focus turns to Fed

(Alliance News) - London's FTSE 100 spent most of the day solidly in the green, and the CAC 40 in Paris spiked to a record high, though Tuesday's rally waned and signs of caution emerged again ahead of a trio of central bank decisions.

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12 Dec 2023 16:00

London close: Stocks slip as investors digest US inflation

(Sharecast News) - London's markets finished in the red on Tuesday, as investors digested a slight decrease in consumer inflation in the US, while the UK's unemployment figures remained stable.

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12 Dec 2023 12:07

London midday: FTSE still firmer ahead of US inflation print

(Sharecast News) - London's markets remained relatively stable by midday on Tuesday, with the top-flight index still in the green after fresh jobs data showed a slowdown in wage growth.

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12 Dec 2023 10:59

BT shares fall as regulator eyes ban on inflation-linked price hikes

Dec 12 (Reuters) - BT Group shares fell more than 4% on Tuesday after Britain's telecom regulator proposed a ban on inflation-linked price rises in the middle of customers’ mobile and broadband contracts.

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