Vodafone today announced their interim 2013 dividend of 3.27 pence, up 7.2% on last year's interim.
This latest announcement continue's Vodafone's ongoing consistent dividend increases and makes them one of the strongest-performing UK blue chip stocks in OptimizerMax today.
Vodafone are set to receive a £2.4 billion dividend from 45% owned Verizon Wireless later this year and commence a £1.5 billion share buyback, further pushing up the share value.
Further results from the half yearly report follow:
H1 Group organic service revenue growth -0.4%; N. Europe +1.5%, S. Europe -9.8%, AMAP +5.2%
Q2 Group organic service revenue growth -1.4%; N. Europe +0.7%, S. Europe -11.3%, AMAP +4.1%
H1 EBITDA down -2.9% to £6.6 billion; EBITDA margin down 1.0 percentage point
Adjusted operating profit £6.2 billion, up 8.5%; expected to be in the upper half of the guidance range for the full year.
Impairments totalling £5.9 billion for Spain and Italy as a result of challenging market conditions and changes to discount rates.
Free cash flow £2.2 billion; expected to be in the lower half of the guidance range for the full year.
Interim dividend per share of 3.27 pence, up 7.2%.
£2.4 billion dividend due from Verizon Wireless by the end of 2012; £1.5 billion buyback to commence after receipt.
