Vodacom Group Limited (OTCMKTS:VDMCY) to Issue Dividend Increase – $0.16 Per Share

Vodacom Group Limited (OTCMKTS:VDMCY) announced a dividend on Tuesday, November 12th,NASDAQ Dividends reports. Investors of record on Friday, November 29th will be paid a dividend of 0.1634 per share on Monday, December 9th. The ex-dividend date is Friday, November 29th. This is a positive change from Vodacom Group’s previous dividend of $0.10.

Vodacom Group Stock Performance

VDMCY traded down $0.15 during midday trading on Wednesday, hitting $5.60. 29,473 shares of the company traded hands, compared to its average volume of 37,624. The business has a 50 day simple moving average of $6.22 and a two-hundred day simple moving average of $5.65. Vodacom Group has a 52-week low of $4.56 and a 52-week high of $6.77.

About Vodacom Group

Vodacom Group Limited operates as a connectivity, digital, and financial services company in South Africa and internationally. It offers range of communication services, including data, mobile and fixed voice, messaging, financial services, enterprise IT, and converged services. The company also provides mobile and fixed line connectivity solutions, as well as internet and virtual private network services to its customers over various wireless, fixed-line, satellite, mobile, and converged technologies; and cloud hosting and security services comprising infrastructure as a service, platform as a service, software as a service, security services, hosted applications, and primary and direct connectivity to all hyperscalers.