There are plenty of attractive dividend yields across the FTSE 100. One of the highest out there is telecoms powerhouse Vodafone (LSE: VOD), offering a huge 10.5%.
Let’s dig deeper to help me decide if I should buy some shares for juicy returns.
What’s happening?
At present, Vodafone shares are trading for 74p, compared to 72p at this time last year. A modest 2% increase isn’t much to shout about, in my view.
There’s been lots happening in the background that has prompted the roller-coaster journey displayed above. Some noteworthy events include the cutting of the dividend from FY25, as well as challenging trading environments in established markets such as Germany and here at home in the UK. On the other side of the coin, share buybacks and progress in growth markets have been some bright spots.
In Vodafone’s most recent trading update, it provided me with a snapshot as to the status quo of the…
