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 $0.11 per ordinary share which will be made payable on 2024-12-09. Ex dividend date: 2024-11-29
• Vodacom annual dividend for 2024 was $0.11
• Vodacom annual dividend for 2023 was $0.02
• Vodacom's trailing twelve-month (TTM) dividend yield is 1.89%
• 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 |
---|---|---|---|
2024-11-29 | $0.11 | semi annually | 2024-12-09 |
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 1.89%. Interested in purchasing Vodacom stock? Use our calculator to estimate your expected dividend yield:
Vodacom Financial Ratios
Vodacom Dividend FAQ
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.
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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. 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.
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.