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Vodafone Group Plc (VOD.L) logo

Vodafone Group Plc

EURO STOXX 600

VOD.L/Communication Services · Telecom Services/LSE

Dividend Yield

3.75%

£0.04 · Annual Dividend

Stock Price£1.05P/E11.1MCap247.077Last update: Jun 26, 2026 at 06:56

Dividend Safety Rating

45/ 100Caution

VOD.L's dividend shows some areas that warrant monitoring. Strengths include a 20.6% fcf payout ratio & 100.2 debt-to-equity. Areas of concern: 101.8% earnings payout ratio & 0.4x interest coverage.

Based on 15 of 15 metrics

Strengths

  • FCF Payout Ratio: 20.6%Free cash flow comfortably covers the dividend.
  • Dividend Streak: 11+ yrsLong, uninterrupted dividend track record.
  • Dividend Cut: NoneNo dividend cut in recent history.

Risks

  • Earnings Payout Ratio: 101.8%High earnings payout ratio leaves little safety margin.
  • Interest Coverage: 0.4xInterest coverage is thin relative to debt servicing.
  • Return on Equity: 0.1%Return on equity is below industry norms.

Payout & Coverage

Caution
20.6%Very Safe
61.0%Caution

Balance Sheet

Caution

Profitability

Warning
7.8%Warning
33.4%Caution

Dividend Track Record

Caution
11+ yrsVery Safe
NoneVery Safe
VolatileWarning

About Vodafone Group Plc

Vodafone Group Plc is a British multinational telecommunications company headquartered in Newbury, United Kingdom. Founded in 1991, it ranks among the world's largest mobile providers, serving over 330 million mobile customers across networks in 15 countries and partner networks in 46 others, primarily in Europe, Africa, the Middle East, Asia, and the Pacific. The company delivers a broad spectrum of services, including mobile voice, messaging, data, fixed broadband, cloud computing, and entertainment, catering to consumers, businesses, and multinational enterprises through its Global Enterprise division. Notable innovations include M-Pesa, a pioneering mobile payment service enhancing financial inclusion in emerging markets like Kenya via subsidiary Safaricom. Vodafone has expanded via strategic acquisitions such as Mannesmann in 2000, Cable and Wireless Worldwide in 2012, and the recent merger with Three UK approved in December 2024, bolstering its 5G infrastructure and unified communications capabilities. Its Vodafone Foundation supports emergency communications and social initiatives, underscoring its role in driving connectivity, digital transformation, and economic growth in diverse global markets.

Dividend Overview

Dividend Yield

3.75%

Annual Dividend

£0.04

Frequency

Semi-Annual

Payout Ratio

101.75%

FCF Payout Ratio

20.60%

52-Week Range

£0.68 - £1.31

Dividend History (2016–2025)

VOD.L annual dividend per share and yield history

Earnings & Profitability

VOD.L earnings per share and net profit margin

Key Dates

Last Ex-Dividend Date

June 4, 2026

Next Payment Date

Dividend Growth

3-Year Dividend CAGR

-20.19%

5-Year Dividend CAGR

-13.35%

10-Year Dividend CAGR

0.68%

3-Year Total Growth

-49.16%

5-Year Total Growth

-51.15%

10-Year Total Growth

7.00%

Income Calculator

VOD.L Dividend Calculator

Total Investment

£104.95

Annual Income

£4.00

Quarterly Income

£1.00

Monthly Income

£0.33

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Frequently Asked Questions

What is VOD.L's current dividend yield?
Vodafone Group Plc (VOD.L) currently has a dividend yield of 3.75%, based on a stock price of £1.05 and an annual dividend of £0.04.
When is VOD.L's next dividend payment date?
VOD.L's next ex-dividend date is 2026-06-04 and the next payment date is —. You must own the stock before the ex-dividend date to receive the upcoming payment.
How much does VOD.L pay in dividends per year?
Vodafone Group Plc paid £0.04 per share in annual dividends in 2025. The dividends are paid semi-annual.
Has VOD.L been increasing its dividend?
Vodafone Group Plc has grown its dividend at a 5-year CAGR of -13.35% and a 10-year CAGR of 0.68%.
Is VOD.L's dividend safe?
Vodafone Group Plc has a payout ratio of 101.75%. The payout ratio is above 100%, which may indicate the company is paying more in dividends than it earns. This could be unsustainable long-term.
How is VOD.L's Dividend Safety Rating calculated?
The Dividend Safety Rating evaluates Vodafone Group Plc's dividend sustainability across four categories: Payout & Coverage (30%), Balance Sheet (20%), Profitability (20%), and Dividend Track Record (30%). Each metric is rated from "Very Safe" to "Danger" based on industry-standard thresholds, with sector-specific adjustments for communication services companies. The overall score ranges from 0 to 100.

Want to understand how we rate dividend safety? Read our full methodology

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This page is not investment advice. The content is for informational purposes only and should not be construed as a recommendation to buy, sell, or hold any security. Always do your own research and consult a qualified financial advisor before making investment decisions.

Financial data, including dividend history, earnings, balance sheet metrics, and the Dividend Safety Rating, is provided for informational purposes only. Data may be delayed or differ from official filings. Past performance does not guarantee future results. Always verify with official sources before making investment decisions.

Market data provided by Twelve Data.