Wireless Dividend For Vodafone
Posted on June 30, 2011 at 14:35 PM EDT
Vodafone Group Plc (NYSE:VOD) anticipates dividends from Verizon Wireless, its joint venture with Verizon Communications (NYSE:VZ). Vodafone owns 45% of Verizon Wireless and Verizon owns the remaining 55%. With the majority holding, Verizon has a right to approve a resumption of dividend payment that was suspended during the last 7 years due to the high [...]
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