Vodafone (VOD) Jumps to Record High on Dividend Raise

Vodafone rallied for a 5th consecutive time connected Tuesday, to deed a caller three-year precocious arsenic investors cheered the declaration of a dividend summation for the archetypal clip successful 7 years.

At intra-day trading, Vodafone Group PLC (NASDAQ:VOD) jumped to its highest terms of $12.72 earlier trimming a fewer cents to extremity the time conscionable up by 8.29 percent astatine $12.67 apiece.

Vodafone Group PLC (NASDAQ:VOD) said successful an updated study that it would rise its dividends by 2.5 percent for the fiscal twelvemonth 2026, arsenic a reflection of its medium-term outlook for adjusted escaped currency travel growth.

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For the archetypal fractional alone, mean shareholders arsenic of November 20, and ADR holders arsenic of November 21, are acceptable to person 2.25 eurocents of dividends connected February 5, 2026. The magnitude could beryllium converted into USD oregon GBP based connected the mean marketplace benchmark rates.

Moving forward, the institution volition acceptable its interim dividend astatine fractional of the full dividend paid for the erstwhile year.

Also past week, Vodafone Group PLC (NASDAQ:VOD) announced the results of its net show for the archetypal fractional of fiscal twelvemonth 2026. Net income dropped by 13.8 percent to 1.05 cardinal euros from 1.22 cardinal euros successful the aforesaid play past year, portion revenues accrued by 7.3 percent to 19.6 cardinal euros from 18.28 cardinal euros year-on-year.

While we admit the imaginable of VOD arsenic an investment, our condemnation lies successful the content that immoderate AI stocks clasp greater committedness for delivering higher returns and person constricted downside risk. If you are looking for an highly inexpensive AI banal that is besides a large beneficiary of Trump tariffs and onshoring, spot our escaped study connected the best short-term AI stock.

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Disclosure: None. This nonfiction is primitively published at Insider Monkey.