GlaxoSmithKline plc (ADR) (GSK), Vodafone Group Plc (ADR) (VOD) & More: Will This Trio Push the FTSE 100 to Record Highs?

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While Vodafone Group Plc (ADR) (NASDAQ:VOD) is not likely to push the FTSE 100 to a 10-year high by itself, a new high for 2013 could be achieved. A sale of Vodafone’s stake in Verizon Wireless, or a takeover approach for Vodafone, could push the shares as high as 250 pence. A 25% rise in Vodafone’s share price would see the FTSE 100 rise beyond 6,500.

In the absence of a takeover, shareholders will be comforted by a reliable dividend stream. Vodafone Group Plc (ADR) (NASDAQ:VOD) is expected to pay 10.7 pence in the current calendar year, a 5.6% yield at today’s price.

The article Will GlaxoSmithKline, HSBC Holdings, and Vodafone Group (LSE:VOD) (NASDAQ:VOD) Push the FTSE 100 to Record Highs? originally appeared on Fool.com.

David owns shares in Vodafone but none of the other companies mentioned. The Motley Fool recommends GlaxoSmithKline and Vodafone Group.

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