Business Services Industry
UK telecom Vodafone to boost dividend.
Knight Ridder/Tribune Business News, November, 2004
Daily Mail, London Knight Ridder/Tribune Business News
Nov. 15--Vodafone, which has previously stated that it intends to provide a "competitive" dividend, is expected to hand shareholders a bumper payment when it reports strong interim results tomorrow.
Analysts anticipate at least a doubling in the half-year dividend to 1.9 pence a share but they are aware that it could raise it a lot more and that it may also roll over the current share buyback programme for at least another two years.
Chief executive Arun Sarin could also give further guidance on its hopes for its new allsinging, all-dancing 3G phones after launching the range last week.
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