Three Things to Loathe About Vodafone Group Plc (ADR) (VOD)

Southern Europe is an economic bog, and any deal on Verizon Wireless would produce a tectonic shift in Vodafone’s business — for better or worse, nobody can know. Then there’s the more prosaic matter of the dividend. Sure, the yield is good at 5.7% on a 180 pence share price, but there are serious questions about the sustainability of the payout.

At the end of the day: there are plenty of companies around with little or no exposure to southern Europe; plenty of companies that can thrive merely by continuing to do what they’re already doing; and plenty of companies offering an income of over 5%, but with more certain prospects of dividend growth.

The article 3 Things to Loathe About Vodafone Group (LSE:VOD) (NASDAQ:VOD) originally appeared on Fool.com and is written by G. A. Chester.

G. A. Chester has no position in any stocks mentioned. The Motley Fool recommends Vodafone.

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