FOUND: Vodafone set to raise its dividend for first time in eight years following return to growth | Mind Blowing Facts

Vodafone is to hike its dividend for the first time in eight years as the benefits of a massive restructuring come through quicker than expected.

Shares in the mobile phone giant rose nearly 5p or 5.5% to 93.8p in early trading as it confirmed that the dividend for the year ending in March will be increased by 2.5%. The interim dividend was left unchanged at 2.25 Euro cents.