Vodacom ups final dividend and growth forecast amid financial services demand
Higher data usage and demand for financial services helped Vodacom raise its final dividend 1.2% to 410c in its year to end-March
18 May 2021 - 08:15
UPDATED 18 May 2021 - 09:32
SA’s largest mobile operator, Vodacom, says increased data usage, a highly successful summer campaign, as well as robust demand for its financial services has allowed it to up its final dividend in 2021, and is set to pay out about R7.5bn to shareholders.
Announcing its full-year results to end-March on Tuesday, Vodacom said it had declared a 410c per share final dividend, up 1.2% year on year, with the group also upgrading its growth forecasts...
Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.
Subscribe now to unlock this article.
Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).
There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.
Cancel anytime.
Questions? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now.