Vodafone Group plc (LON:VOD) declared a dividend on Tuesday, May 14th, Upcoming.Co.Uk reports. Stockholders of record on Thursday, June 6th will be given a dividend of €0.04 ($0.05) per share by the cell phone carrier on Friday, August 2nd. This represents a dividend yield of 3.6%. The ex-dividend date is Thursday, June 6th. The official announcement can be seen at this link.
VOD opened at GBX 125.92 ($1.65) on Wednesday. The firm has a market capitalization of $33.83 billion and a PE ratio of -4.47. The company has a debt-to-equity ratio of 81.54, a current ratio of 1.30 and a quick ratio of 1.28. Vodafone Group has a 12 month low of GBX 131 ($1.71) and a 12 month high of GBX 211.55 ($2.76).
In related news, insider David Thomas Nish acquired 20,000 shares of the firm’s stock in a transaction dated Wednesday, March 6th. The stock was acquired at an average price of GBX 132 ($1.72) per share, with a total value of £26,400 ($34,496.28).
Several research analysts recently weighed in on VOD shares. JPMorgan Chase & Co. restated an “overweight” rating and set a GBX 240 ($3.14) target price on shares of Vodafone Group in a research note on Tuesday, January 15th. UBS Group restated a “buy” rating and set a GBX 230 ($3.01) target price (down from GBX 230 ($3.01)) on shares of Vodafone Group in a research note on Thursday, January 17th. Macquarie set a GBX 125 ($1.63) target price on Vodafone Group and gave the stock a “sell” rating in a research note on Monday, January 21st. Credit Suisse Group set a GBX 225 ($2.94) target price on Vodafone Group and gave the stock a “buy” rating in a research note on Wednesday, January 23rd. Finally, Royal Bank of Canada restated an “underperform” rating and set a GBX 125 ($1.63) target price on shares of Vodafone Group in a research note on Wednesday, January 23rd. Two investment analysts have rated the stock with a sell rating, two have issued a hold rating and thirteen have issued a buy rating to the company. The company currently has a consensus rating of “Buy” and an average price target of GBX 186.61 ($2.44).
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Vodafone Group Company Profile
Vodafone Group Plc engages in telecommunication services in Europe, Africa, the Middle East, and the Asia Pacific. The company's consumer products include mobile services, such as call, text, and data; broadband; television offerings and voice; mobile money services through M-pesa; Giga TV, an advanced digital service; and converged communication solutions, such as GigaKombi, Vodafone One Net Enterprise, Vodafone One, and Vodafone Meet Anywhere.
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