Friday 29 July 2011

Vodafone to receive £2.8 billion divident from Verizon wireless in January 2012

Vodafone to receive £2.8 billion divident from Verizon wireless in January 2012

Vodafone today announces that the Board of Verizon Wireless has approved the payment of a $10 billion (£6.1 billion) dividend. As a 45% shareholder in Verizon Wireless, Vodafone’s share of the dividend will be $4.5 billion (£2.8 billion). The dividend is due to be paid on 31 January 2012.