Income Majors 2019 

Vodafone dials back the dividend

Vodafone dials back the dividend

Vodafone’s (VOD) decision to slash its dividend in May 2019 didn’t come entirely out of the blue. True, the telecoms giant had never before cut its payouts to investors since first introducing them in 1990. And management still planned to maintain the prior year’s dividend as recently as November 2018.

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