Updated
Updated · Bloomberg · May 11
Vodacom declares full-year dividend above estimates
Updated
Updated · Bloomberg · May 11

Vodacom declares full-year dividend above estimates

9 articles · Updated · Bloomberg · May 11
  • The South African telecoms group set a 7.35 rand payout for the year to March, up from 6.20 rand and above the 7.05 rand analyst consensus.
  • The increase followed a jump in annual profit, signalling stronger shareholder returns than expected in the latest financial year.
  • Vodacom is majority owned by the UK's Vodafone Group, and the higher dividend may be read as a sign of improved operating momentum.
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