U.S.-traded shares of Vodafone Group PLC got a boost Friday after Verizon Wireless, its joint venture with Verizon Communications Inc., said it will pay a dividend to its two owners.
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Ahead of the Bell: Vodafone shares climb
LONDON (Reuters) – Vodafone shareholders will get $3.3 billion (2 billion pounds) from a long-awaited Verizon Wireless dividend, raising hopes for regular payouts from the U.S. company after a six-year drought.
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Vodafone pays out $3.3 billion from Verizon windfall
NEW YORK (TheStreet) — Verizon Wireless plans to pay a dividend of $10 billion in January to its parent companies, Verizon Communications and Vodafone , the first dividend payment in years. Verizon owns 55% of Verizon Wireless and controls the operations of the largest U.S. wireless carrier. Vodafone owns 45%. Verizon will get $5.5 billion of the dividend while Vodafone, the British mobile …
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Verizon Wireless to Pay $10B Dividend
By Olga Kharif – Fri Jul 29 02:13:00 GMT 2011 Verizon Wireless , the largest US wireless carrier, approved a $10 billion distribution to owners Verizon Communications Inc. (VZ) and Vodafone Group Plc (VOD), the first payout of that kind in more than … See all stories on this topic »
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Verizon Wireless Will Distribute $10 Billion to Owners Verizon, Vodafone
Verizon Wireless , in which Vodafone owns a 45 percent stake, said late yesterday it will pay a $10 billion dividend. Vodafone said it will receive 2.8 billion pounds in total and use the remaining 800 million pounds to reduce net debt. … See all stories on this topic »
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Vodafone to Pay GBP2 Billion Dividend on Verizon Agreement
Verizon Wireless, the largest U.S. wireless carrier, approved a $10 billion distribution to owners Verizon Communications Inc. and Vodafone Group Plc, the first payout of that kind in more than five years.
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Verizon Wireless Approves $10 Billion Distribution to Co-Owners
Verizon Wireless, the largest U.S. wireless operator, said it approved a $10 billion distribution to owners Verizon Communications Inc. and Vodafone Group Plc.
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Verizon Wireless Approves $10 Billion Distribution
NEW YORK (Reuters) – Verizon Wireless plans to pay a $10 billion dividend early next year to its parents, Vodafone Group Plc and Verizon Communications .
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Verizon Wireless to pay $10 billion to parents
* Vodafone portion $4.5 bln, Verizon portion $5.5 bln * Vodafone had hoped for a $5.5 bln payout NEW YORK, July 28 (Reuters) – Verizon Wireless plans to paya $10 billion dividend early next year to its …
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UPDATE 1-Verizon Wireless to pay $10 bln to parents
Verizon Wireless declared a dividend to its owners of $10 billion that will be payable early next year, providing parents Verizon Communications Inc. (VZ) and Vodafone Group PLC (VOD) with a rich source of cash.
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Verizon Wireless Declares $10 Billion Dividend To Owners
Verizon Wireless, the largest U.S. wireless operator, said it approved a $10 billion distribution to owners Verizon Communications Inc. and Vodafone Group Plc.
See the original post here:
Verizon Wireless Approves $10 Billion Distribution to Owners
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