Income Boosters: Vodafone dials up €2.4bn payout
It's not all doom and gloom for income investors. Although dividend cuts have been many and painful this year, some companies have been able to maintain their cash flow and the licence needed to make shareholder distributions.
This week we're looking at the latest new from Vodafone Group (LON: VOD), Land Securities Group (LON: LAND) and Wm Morrison Supermarkets (LON: MRW). These stocks form part of our Income Boosters portfolio, which aims to provide a higher dividend yield than the FTSE 100.
Vodafone reassures on cash flow
Sales are vanity, profit is sanity, but cash flow is reality. So it was reassuring to see Vodafone (LON: VOD) generate free cash flow of almost €5bn…
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