Vodacom Group Limited operates as a connectivity, digital, and financial services company in South Africa and internationally. It offers range of communication services, including data, mobile and fixed voice, messaging, financial services, enterprise IT, and converged services. The company also provides mobile and fixed line connectivity solutions, as well as internet and virtual private network services to its customers over various wireless, fixed-line, satellite, mobile, and converged technologies; and cloud hosting and security services comprising infrastructure as a service, platform as a service, software as a service, security services, hosted applications, and primary and direct connectivity to all hyperscalers. In addition, it offers carrier service products, including wholesale APN data, microwave, managed satellite, WiFi, international private leased circuit, IP transit, fiber, and IP-VPN; ethernet over MPLS, carrier ethernet, cloud connect, dedicated internet access, broadband internet access, software-defined WAN, and VSAT services; sensors and other electronic devices that are attached to a remote machine enabling the capturing of critical information, such as temperature, speed, location, etc.; and digital financial services for personal finance and business solutions. Further, the company offers and SmartCitizen mobile app to provide transparency and accountability with services, such as water and sanitation, roads, education, and health. The company was founded in 1993 and is headquartered in Midrand, South Africa. Vodacom Group Limited is a subsidiary of Vodafone Investments SA (Pty) Limited.
Vodacom Dividend Announcement
• Vodacom announced a semi annually dividend of $0.01 per ordinary share which will be made payable on 2024-07-01. Ex dividend date: 2024-06-21
• Vodacom annual dividend for 2024 was $0.01
• Vodacom annual dividend for 2023 was $0.02
• Vodacom's trailing twelve-month (TTM) dividend yield is 5.0%
• Vodacom's payout ratio for the trailing twelve months (TTM) is 75.95%
• Vodacom's dividend growth over the last five years (2018-2023) was -15.98% year
• Vodacom's dividend growth over the last ten years (2013-2023) was -14.21% year
Vodacom Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2024-06-21 | $0.01 | semi annually | 2024-07-01 |
| 2023-11-30 | $0.01 | semi annually | 2023-12-11 |
| 2023-06-22 | $0.01 | semi annually | 2023-06-30 |
| 2022-12-01 | $0.01 | semi annually | 2022-12-12 |
| 2022-06-23 | $0.02 | semi annually | 2022-07-05 |
| 2021-12-02 | $0.02 | semi annually | 2021-12-13 |
| 2021-06-24 | $0.02 | semi annually | 2021-07-06 |
| 2020-12-03 | $0.02 | semi annually | 2020-12-14 |
| 2020-06-25 | $0.01 | semi annually | 2020-07-06 |
| 2019-11-27 | $0.02 | semi annually | 2019-12-09 |
| 2019-06-20 | $0.02 | semi annually | 2019-07-02 |
| 2018-11-29 | $0.02 | semi annually | 2018-12-10 |
| 2018-06-21 | $0.02 | semi annually | 2018-07-02 |
| 2017-11-30 | $0.02 | semi annually | 2017-12-11 |
| 2017-06-21 | $0.03 | semi annually | 2017-07-03 |
| 2016-11-30 | $0.02 | semi annually | |
| 2016-06-22 | $0.02 | semi annually | |
| 2015-12-02 | $0.02 | semi annually | |
| 2015-06-24 | $0.03 | semi annually | |
| 2014-11-25 | $0.03 | semi annually | |
| 2014-06-25 | $0.04 | semi annually | |
| 2013-11-26 | $0.04 | semi annually | |
| 2013-06-26 | $0.05 | semi annually |
Vodacom Dividend per year
Vodacom Dividend growth
Vodacom Dividend Yield
Vodacom current trailing twelve-month (TTM) dividend yield is 5.0%. Interested in purchasing Vodacom stock? Use our calculator to estimate your expected dividend yield:
Vodacom Financial Ratios
P/E ratio13.03
PEG ratio-0.66
P/B ratio2.29
ROE23.43%
Payout ratio75.95%
Current ratio0.99
Quick ratio0.96
Cash Ratio0.33
Vodacom Dividend FAQ
How much is the next Vodacom dividend?
Vodacom's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Vodacom dividend. The next Vodacom dividend will be released in June, or November.
When is Vodacom dividend paid?
Vodacom pays dividends on a semi annually basis. The specific dates may vary each year but are generally around June, and November. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
What dividend does Vodacom pay?
The specific amount of Vodacom dividend can vary from quarter to quarter and year to year, based on a variety of factors including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Vodacom's dividend history.
Does Vodacom stock pay dividends?
Yes, Vodacom does pay dividends to its shareholders. However, the specific amount and frequency of these dividends can vary based on a variety of factors, including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Vodacom's dividend history.
How much dividend does Vodacom pay?
Vodacom paid $0.009 in 2024, $0.018 in 2023, $0.029 in 2022, $0.038 in 2021, and $0.032 in 2020.
How often does Vodacom pay dividends?
Vodacom typically pays dividends on a semi annually basis. This means that dividends are usually distributed 2 times a year. The specific payout dates may vary each year but generally fall around June, and November.
What is Vodacom's dividend yield?
The current dividend yield for Vodacom is 5.0%. The dividend yield is calculated by dividing the annual dividend payment by the price of the stock. Both of these numbers can fluctuate daily due to changes in the stock price and any updates to the dividend payment. Use the dividend calculator on this page to calculate Vodacom's exact dividend yield.
When does Vodacom go ex dividend?
Vodacom's ex-dividend date for the latest dividend was on 2024-06-21. Vodacom typically goes ex-dividend a few weeks before the payment date. The specific dates can vary each year and for each dividend payment.
When is the next Vodacom dividend paid?
Vodacom pays dividends on a semi annually basis, typically around June, or November, but the exact dates can vary each year.
Will Vodacom increase its dividend?
Decisions about dividend payments are made by the company's board of directors and are based on a variety of factors. To understand whether Vodacom will increase its dividend, it's beneficial to look at the company's earnings, financial health, future business prospects, and the overall economic environment.
How much is Vodacom dividend per share?
Vodacom paid $0.009 per share in 2024 and $0.018 per share in 2023. The amount of dividend per share that Vodacom pays can vary each quarter based on a range of factors including the company's earnings, financial health, and decisions made by its board of directors.
Is Vodacom a dividend aristocrat?
No, the term "Dividend Aristocrat" is typically used to describe a company in the S&P 500 index that has increased its dividend payouts for at least 25 consecutive years.
Is Vodacom a dividend king?
No, a "Dividend King" is a company that has managed to increase its dividend payouts for 50 consecutive years or more, which is an even more selective group than the Dividend Aristocrats.
Is Vodacom a dividend stock?
Yes, Vodacom is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Vodacom a good dividend stock?
Whether Vodacom is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Vodacom has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating Vodacom as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
Other factors to consider when evaluating Vodacom as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
Does Vodacom pay dividends monthly?
Vodacom typically pays dividends on a semi annually basis.
Does Vodacom pay dividends quarterly?
Vodacom currently pays dividends on a semi annually basis.
Has Vodacom ever paid a dividend?
Yes, Vodacom has a history of paying dividends to its shareholders. Vodacom is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Vodacom dividend stocks?
To buy Vodacom you need a brokerage account. Open an account with a reputable brokerage firm that offers access to the stock market. Consider factors such as fees, account minimums, and the availability of dividend reinvestment programs (DRIPs) if you wish to reinvest your dividends automatically.
Place an order: Use the brokerage's trading platform to place an order to buy Vodacom stock.
Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
Place an order: Use the brokerage's trading platform to place an order to buy Vodacom stock.
Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
When does Vodacom pay dividends 2024?
Vodacom pays dividends on a semi annually basis. 2024 dividend payments are in 2024-07-01. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
Will Vodacom increase its dividend in 2024?
Decisions regarding Vodacom dividend increases are typically made by a company's board of directors based on various factors, including financial performance, cash flow, investment needs, and market conditions. For an up-to-date Vodacom dividend overview you can look into the above table of dividend history.
How Vodacom dividend works?
The Vodacom dividend works by distributing a portion of the company's profits to its shareholders on a per-share basis. Here's a general overview of how Vodacom's dividend process works:
1. Determination of Dividend: Vodacom's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, Vodacom publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, Vodacom distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from Vodacom are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
1. Determination of Dividend: Vodacom's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, Vodacom publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, Vodacom distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from Vodacom are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
How are Vodacom dividends paid?
Vodacom dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: Vodacom sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, Vodacom distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Vodacom declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
1. Record Date: Vodacom sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, Vodacom distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Vodacom declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
How many times does Vodacom pay dividends?
Vodacom typically pays dividends on a semi annually basis. The specific payment dates can vary each year and are usually announced when the company releases its financial results for each quarter.
What months does Vodacom pay dividends?
The general pattern is that Vodacom pays dividends around June, and November. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Vodacom dividend safe?
The safety of Vodacom's dividend is subject to various factors and cannot be determined with certainty. It is influenced by the company's financial performance, cash flow, and the overall economic and industry conditions.
To assess the safety of Vodacom's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review Vodacom's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.
To assess the safety of Vodacom's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review Vodacom's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.