The Sunday Times reported without mentioning where it got the information that the Newbury, England-based Vodafone Group Plc (ADR) (NASDAQ:VOD) may receive a dividend of $4.5 billion from Verizon Wireless, its United States venture with Verizon Communications Inc (NYSE:VZ).
The newspaper reported on Sunday that Vodafone Group would possibly pass the money on to shareholders in the form of a special dividend.
Verizon Communications is a provider of communications, information and entertainment products and services to customers, businesses and governmental agencies.
Shifting readers focus to broader market, let’s consider market performance of other stocks that significantly affect same sector. BT Group plc (ADR) (NYSE:BT) increased +4.33% to settle at $34.69, Telefonica S.A. (ADR) (NYSE:TEF) moved up +2.09% to end at $12.21 while Turkcell Iletisim Hizmetleri A.S. (ADR) (NYSE:TKC) jumped +2.47% to finish on Tuesday at $12.87.
Vodafone Group Plc (ADR) (NASDAQ:VOD) last session volume of 9.58 million shares was surprisingly higher than its average volume of 8.37 million shares. The stock after opening at $28.39 hit high price of $28.64 and then closed at $28.59 by scoring +1.42%.
The liquidity measure in recent quarter results of the company was recorded -0.83 as current ratio and on the other side the debt to equity ratio was 0.45 and long-term debt to equity ratio also remained 0.37. The Company had total cash at hand $12.90 billion and a book value per share as $24.13 in the most recent quarter.
The stock price volatility was 0.94% for a week and 1.01% for a month as well as price volatility’s Average True Range for 14 days was 0.37 and its beta remained 0.76.
VOD generated revenue of 72.28 billion in the following twelve months and earned $10.93 billion. The Company showed a positive 15.09% in the net profit margin and as well as in its operating margin which remained 24.10%. Company’s annual sales growth for the past five year was 8.34%.
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