Company in the news: Vodafone

If you are a holder of Vodafone (LSE: VOD) shares you are about to get a big payout. Vodafone sold its 45% stake in Verizon Wireless for $130bn, and its shareholders are going to receive $84bn (£51bn) of it – referred to as a return of value. This means that you have some decisions to make.

The whole procedure is quite complicated, but this is how we see it. Shareholders will receive around 74p in Verizon shares and 30p in cash (104p in total) for each Vodafone share that they hold.

If you want to keep the Verizon shares [...]

MoneyWeek magazine

Latest issue:

Magazine cover
Walking out on the banks

The UK's best-selling financial magazine. Take a FREE trial today.
Claim 3 FREE Issues
Shale gas 'fracking' promises to transform Britain's energy market. Find out what it is, what it means, and how to invest.

More from MoneyWeek

The problem with the Bank of England

Fracking: Nine reasons not to get carried away

Five small-cap stocks worth a flutter

This Dutch company could help us tame floods

ScreenHunter_01 Mar. 25 09.51

Get the latest tips and investment opportunities from MoneyWeek magazine: Claim 3 FREE Issues HERE