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Data last updated: Oct 19, 2026
Snapshot (as of Oct 19, 2026): Vodafone Group Public Limited Company (VOD) pays a $0.05 annual dividend, yielding 3.33% at $16.11/share. Next ex-dividend date 2026-06-05. Source: Yahoo Finance, aggregated by MerryDiv.
Dividend Yield: 3.33%
Annual Dividend: $0.05 per share
Payout Ratio: 102.6%
Ex-Dividend Date: 2026-06-05
Dividend Frequency: semi-annually
Sector: Communication Services
Years of Dividend History: 38
Vodafone Group Public Limited Company dividend investors are looking at a global telecom operator serving roughly 323 million mobile subscribers across Europe and beyond, with services ranging from broadband and television to IoT solutions and the M-Pesa payment platform in Africa. VOD currently pays a 3.13% dividend yield. The trailing annual dividend rate is $0.46 per share, paid semi-annually, with the next ex-dividend date on June 5, 2026. A beta of 0.333 means VOD stock moves far less than the broader market, which appeals to income-focused investors who prioritize low volatility over rapid price appreciation.
Vodafone Group Public Limited Company pays out -267.4% of earnings as dividends, a payout ratio classified as conservative (below 40%). That negative figure reflects a period of negative reported earnings rather than an outsized cash commitment, and the company's large recurring revenue base, spanning mobile subscriptions, fixed broadband, and enterprise IoT contracts, provides the operational cash flow that underpins the current payment level. Vodafone Group Public Limited Company dividend safety faces its clearest pressure from the dividend's own history: the per-share amount has declined from $1.16 in 2006 to $0.97 by 2023, showing that earnings volatility has translated into real payment reductions over time.
Vodafone Group Public Limited Company dividend history shows a CAGR of -1.1% per year from 2006 to 2023. The per-share dividend moved from $1.1611 at the start of the window to $0.9692 by 2023 (2026 data is a partial year and excluded from this calculation). The window also contains at least one year-over-year decline exceeding 5%, and the largest single-year jump was 64.8% in 2011, which illustrates how erratic the growth pattern has been rather than any sustained upward trend. For income investors focused on dividend growth, that -1.1% CAGR means purchasing power from VOD dividends has eroded in real terms over the period.
| Period | CAGR | From | To |
|---|---|---|---|
| 3-Year | -17.2% | $0.94 (2022) | $0.53 (2025) |
| 5-Year | -12.2% | $1.02 (2020) | $0.53 (2025) |
| 10-Year | -11.2% | $1.74 (2015) | $0.53 (2025) |
VOD fits income-focused investors who want low market sensitivity and can accept a dividend that has shrunk in per-share terms over time. The current yield of 3.13% falls in the moderate (2–4%) range, and it sits meaningfully below the 5-year average yield of 4.97%, which tells you the stock has re-rated upward in price relative to its payment. The payout ratio, while distorted by negative earnings, does not signal an imminent cut on its own. What an investor gets here is a large, globally diversified telecom with a low beta of 0.333. The trade-off is a dividend that has declined at -1.1% annually since 2006 and carries zero consecutive years of increases.
| Payment Date | Amount per Share |
|---|---|
| 2026-06-05 | $0.2695 |
| 2025-11-24 | $0.2676 |
| 2025-06-06 | $0.2639 |
| 2024-11-22 | $0.2420 |
| 2024-06-07 | $0.4690 |
| 2023-11-22 | $0.4810 |
| 2023-06-08 | $0.4882 |
| 2022-11-23 | $0.4657 |
| 2022-06-03 | $0.4720 |
| 2021-11-24 | $0.5142 |
| Year | Total Dividends |
|---|---|
| 2026 | $0.2695 |
| 2025 | $0.5315 |
| 2024 | $0.7110 |
| 2023 | $0.9692 |
| 2022 | $0.9377 |
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