Vodafone Group (LSE:VOD) Dividend Payout Ratio : 0.97 (As of Sep. 2024)

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What is Vodafone Group Dividend Payout Ratio?

The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period. Vodafone Group's Dividend Payout Ratio for the months ended in Sep. 2024 was 0.97.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Vodafone Group PLC is 0.85, which seems too high.

The historical rank and industry rank for Vodafone Group's Dividend Payout Ratio or its related term are showing as below:

LSE:VOD' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.21 Med: 1.21 Max: 38
Current: 0.85

During the past 13 years, the highest Dividend Payout Ratio of Vodafone Group was 38.00. The lowest was 0.21. And the median was 1.21.

LSE:VOD's Dividend Payout Ratio is ranked worse than
73.44% of 192 companies
in the Telecommunication Services industry
Industry Median: 0.565 vs LSE:VOD: 0.85

As of today (2024-12-15), the Dividend Yield % of Vodafone Group is 8.19%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Vodafone Group was 12.70%. The lowest was 3.92%. And the median was 6.70%.

Vodafone Group's Dividends per Share for the months ended in Sep. 2024 was £0.04.

During the past 12 months, Vodafone Group's average Dividends Per Share Growth Rate was -5.10% per year. During the past 5 years, the average Dividends Per Share Growth Rate was -7.10% per year. During the past 10 years, the average Dividends Per Share Growth Rate was -7.40% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Vodafone Group was 49.60% per year. The lowest was -16.90% per year. And the median was 8.50% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.

* Please note that "special dividend" is not included in the calculation of dividend per share and related fields.

Vodafone Group Dividend Payout Ratio Historical Data

The historical data trend for Vodafone Group's Dividend Payout Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Vodafone Group Dividend Payout Ratio Chart

Vodafone Group Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Dividend Payout Ratio

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1.33

38.00

1.21

0.21

1.41

Vodafone Group Semi-Annual Data
	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24	Sep24
Dividend Payout Ratio	Get a 7-Day Free Trial															1.05	0.12	39.00	0.76	0.97

Competitive Comparison of Vodafone Group's Dividend Payout Ratio

For the Telecom Services subindustry, Vodafone Group's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Vodafone Group's Dividend Payout Ratio Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Vodafone Group's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Vodafone Group's Dividend Payout Ratio falls into.

Vodafone Group Dividend Payout Ratio Calculation

Vodafone Group's Dividend Payout Ratio for the fiscal year that ended in Mar. 2024 is calculated as

Dividend Payout Ratio	=	Dividends per Share (A: Mar. 2024 )	/	EPS without NRI (A: Mar. 2024 )
	=	0.076	/	0.054
	=	1.41

Vodafone Group's Dividend Payout Ratio for the quarter that ended in Sep. 2024 is calculated as

Dividend Payout Ratio	=	Dividends per Share (Q: Sep. 2024 )	/	EPS without NRI (Q: Sep. 2024 )
	=	0.037	/	0.038
	=	0.97

Vodafone Group (LSE:VOD) Dividend Payout Ratio Explanation

In dividends investing, Dividend Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

Vodafone Group Dividend Payout Ratio Related Terms

Thank you for viewing the detailed overview of Vodafone Group's Dividend Payout Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.

Vodafone Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Vodafone Group PLC (LSE:VOD) » Definitions » Dividend Payout Ratio

Comparable Companies

Traded in Other Exchanges

VODPF:USA VOD:USA VOD N:Mexico VODl:UK 0LQQ:UK VODI:Germany VODJ:Germany VODI:Germany VODJ:Germany VODI:Germany VODJ:Germany VODI:Germany V1OD34:Brazil VODI:Bulgaria VOD:Austria VOD:Argentina

Address

Vodafone House, The Connection, Newbury, Berkshire, GBR, RG14 2FN

Website

https://www.vodafone.com

Vodafone operates mobile and fixed-line networks and businesses in more than 20 countries. Its largest market is Germany, where it is the second mobile operator after Deutsche Telekom and owns a cable network after acquiring Kabel Deutschland in 2013 and Liberty Global Germany in 2019. In the UK it acts as a mobile operator and is attempting a merger with CK Hutchison as of 2024. In 2024 Vodafone also divested its Spanish and Italian divisions, given their low returns on invested capital.