LSE:VOD (Vodafone Group Plc)
About VOD
Vodafone Group Plc is one of the largest telecommunication providers in the world. The company serves over 150 million customers across Europe and Africa, operating out of three separate divisions, European Consumer, Vodafone Business, and Africa Consumer.
Its European Consumer segment maintains wireless and cable telecommunications infrastructure, enabling its customers to call, text, use mobile data, and access TV broadcasts. Its African Consumer operates in a similar fashion. However, it also provides additional digital services, including the Internet of Things (IoT), merchant solutions, and a financial payment network called M-Pesa.
The Vodafone Business division provides custom-tailored telecommunication solutions to the public and private sectors supported by its global network.
Despite being based in the United Kingdom, the majority of revenue is generated in other European nations, including Germany, Italy, and Spain.
Frequently Asked Questions
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Being a telecommunications giant, the company has a lot of fixed-overhead costs to contend with. After all, establishing and maintaining infrastructure across the whole of Europe and Africa isn’t cheap. This has resulted in an increasing pile of debt, placing pressure on profit margins and, in turn, the Vodafone share price.
However, with the rollout of 5G and M-Pesa making waves in Africa, the firm may have a bright future ahead. Investors will have to decide whether the risk is worthy of the potential rewards for their personal portfolio.
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Yes. Vodafone shares pay a cash dividend at an average 82% payout ratio.
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Vodafone shares pay out a dividend twice a year, in June and November.
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Vodafone shares are listed on the London Stock Exchange. They can be bought from any investment account that provides access to this exchange platform.