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Vodafone's dividend yield falls below 5%. Is the stock still worth considering?
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Vodafone's dividend yield falls below 5%. Is the stock still worth considering?
For the first time in nearly three years, Vodafone’s (LSE: VOD) dividend yield has dipped below 5%. This follows a 15% surge in its share price after the release of its 2024 full-year results on Tuesday (20 May). The development could prompt some investors to reconsider the telecom company’s appeal as an income-focused stock. Not that it would come as a huge surprise to many — last year, the company announced a 50% dividend reduction from 9c to …
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