Sector: Mobile Telecommunications

DividendMax covers only one company in this sector, but what a company. Vodafone is the daddy of cash generation without all of the risks that the oil majors face fron oil spills etc.

Vodafone is commited to increasing it's dividend by at least 7% for at least the next two years. It is also on the verge of receiving Dividends from it's 45% owned US venture, Verison Wireless. Vodafone has already indicated that it will distribute this dividend to shareholders in february and the figure being muted in 4p per share.