SmarterDividends
VOD

Vodafone (VOD) Dividend

Vodafone Group Public Limited Company · Communication Services · Telecom Services · semiannual payer

$16.06

Fairly valued · -3% Add to Portfolio

As of Nov 5, 2026, Vodafone (VOD) pays a twice-yearly dividend of $0.2770 per share, or $0.54 a year, a 3.30% yield at its $16.06 share price. It pays twice a year, usually in February and July. It has a dividend safety grade of C.

Forward Yield

3.30%

Annual Dividend

$0.54

Payout Ratio

103%

5-Yr Growth

-12.9%

Ex-Date

Jun 5, 2026

Frequency

Semiannual

Key facts about VOD's dividend

Data as of · Source: SmarterDividends data

  • As of Nov 5, 2026, Vodafone Group Public Limited Company (VOD) has a forward dividend yield of 3.30%, based on an annual dividend of $0.54 per share and a share price of $16.06.
  • As of Nov 5, 2026, VOD's dividend safety grade from SmarterDividends is C (55 out of 100), which rates the dividend as borderline.
  • VOD last cut its regular dividend in 2025.
  • VOD's most recent ex-dividend date was Jun 5, 2026, for a dividend of $0.28 per share.
  • As of Nov 5, 2026, VOD pays out 103% of its trailing 12-month earnings as dividends (its payout ratio).
  • VOD's dividend has shrunk at an average rate of 12.9% a year over the past five years.
  • As of Nov 5, 2026, VOD's 3.30% yield is 53% below its five-year average yield of 7.01%.
  • As of Nov 5, 2026, SmarterDividends' blended fair-value estimate for VOD is $15.49 per share, 3% below the $16.06 share price, so VOD screens as fairly valued.
  • Vodafone Group Public Limited Company (VOD) pays its dividend semiannual, 2 times a year.
Cite this page

SmarterDividends, "VOD Dividend: Yield, Safety Grade & Next Ex-Date," updated Nov 5, 2026, https://smarterdividends.com/stocks/VOD

Is VOD a good dividend stock?

Mixed

Vodafone Group Public Limited Company (VOD) pays a semiannual dividend yielding 3.30% ($0.54/yr), with 0 years of growth and a dividend-safety grade of C. The picture is mixed — the dividend pays, but safety or growth signals are weaker than ideal.

Advantages

    Risks

    • Cut its dividend in 2025
    • Elevated payout ratio (103%)
    • Dividend has been shrinking, not growing

    Key Data

    Dividend Yield
    3.30%
    Payout Ratio
    103%
    Annual Dividend
    $0.54
    5-Yr Avg Growth
    -12.9%
    Ex-Dividend Date
    Jun 5, 2026
    Years of Growth
    0
    Frequency
    semiannual
    Beta
    0.32
    Market Cap
    $37.2B
    P/E Ratio
    —
    5-Yr Total Return
    8%
    52-Week Range
    $11.12 – $17.71
    Dividend Safety
    C · 55/100
    Ever Cut?
    Yes (2025)

    VOD dividend changes

    Vodafone Group Public Limited Company (VOD) pays a variable dividend: across the 77 payments on record since 1989, 40 were higher than the one before and 22 lower. The latest change was up 9.5% to $0.277 per share, going ex-dividend on Jun 5, 2026.

    Ex-dateChangeOld → newMove
    Jun 5, 2026Higher$0.253 → $0.277+9.5%
    Nov 24, 2025Higher$0.242 → $0.257+6.2%
    Jun 6, 2025Lower$0.469 → $0.253−46.1%
    Nov 22, 2024Lower$0.481 → $0.242−49.7%
    Jun 7, 2024Lower$0.488 → $0.469−3.9%
    Nov 22, 2023Higher$0.466 → $0.481+3.2%
    Jun 8, 2023Higher$0.472 → $0.488+3.4%
    Nov 23, 2022Lower$0.514 → $0.466−9.3%
    Jun 3, 2022Lower$0.549 → $0.472−14.0%
    Nov 24, 2021Lower$0.532 → $0.514−3.4%
    Jun 24, 2021Higher$0.487 → $0.549+12.7%
    Dec 17, 2020Higher$0.497 → $0.532+7.0%
    Every VOD payment →Download every raise and cut (CSV)
    VOD ex-dividend date & scheduleNext ex-date Jun 5, 2026 · full ex-dividend historyView →VOD dividend historyEvery payment, totals by year, raises and cutsView →VOD dividend calculator100 shares pay $54.00 a year, $27.00 every six monthsCalculate →VOD total return calculatorWhat $10,000 became, with dividends reinvested or taken as cashSee →

    Frequently Asked Questions

    Is VOD a good dividend stock?

    Mixed. Vodafone Group Public Limited Company (VOD) pays a semiannual dividend yielding 3.30% ($0.54/yr), with 0 years of growth and a dividend-safety grade of C. The picture is mixed — the dividend pays, but safety or growth signals are weaker than ideal.

    Is VOD undervalued?

    Based on a blend of discounted cash flow, a dividend-discount model and an earnings-multiple estimate, VOD's fair value is about $15.49 versus a $16.06 share price — so it looks fairly valued (-3% vs. fair value).

    Is VOD's dividend safe?

    VOD has a dividend-safety grade of C (55/100), based on its payout coverage, free-cash-flow, 0-year growth streak, a dividend cut in 2025, debt and yield-versus-history.

    What is VOD's fair value?

    Our blended fair-value estimate for VOD is about $15.49 per share, about 3% below the current $16.06 price — combining a discounted cash flow, a dividend-discount model and an earnings multiple.

    Is VOD a buy, hold, or sell?

    We don't issue formal ratings, but on the data VOD screens as "mixed" and fairly valued. Vodafone Group Public Limited Company (VOD) pays a semiannual dividend yielding 3.30% ($0.54/yr), with 0 years of growth and a dividend-safety grade of C. The picture is mixed — the dividend pays, but safety or growth signals are weaker than ideal. This is research for your own analysis, not investment advice.

    Will VOD cut its dividend?

    VOD earns a dividend-safety grade of C (55/100), and has cut its dividend before (last in 2025). A higher score means lower cut risk based on payout coverage, cash flow and history — but no score guarantees a dividend.

    Does VOD pay a dividend?

    Yes. Vodafone Group Public Limited Company pays a semiannual dividend of about $0.54 per share annually, a forward yield of roughly 3.30%.

    How much dividend does 100 shares of VOD pay?

    At $0.54 per share a year, 100 shares of VOD pay $54.00 a year in dividends before tax, about $27.00 every six months. Buying them costs about $1,606 at the Nov 5, 2026 price.

    What is VOD's dividend yield?

    As of Nov 5, 2026, VOD's forward dividend yield is 3.30%, based on a $0.54 annual dividend and a $16.06 share price.

    What is VOD's dividend per share?

    As of Nov 5, 2026, VOD pays $0.54 per share per year, distributed on a semiannual basis.

    What is VOD's dividend payout ratio?

    As of Nov 5, 2026, VOD's payout ratio is 103% of trailing 12-month earnings — an elevated level worth watching, as it leaves less cushion if earnings dip.

    How many years has VOD grown its dividend?

    VOD does not currently have a long dividend-growth streak on record.

    When is the next VOD ex-dividend date?

    As of Nov 5, 2026, VOD's next ex-dividend date hasn't been announced. The most recent was Jun 5, 2026, for $0.28 per share.

    Income Calculator

    At $0.54 / yr per share

    Per payment (semiannual)$27.00
    Annual$54.00
    Monthly avg$4.50
    Full VOD dividend calculator →

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