Vodafone’s (LON:VOD) Q1 trading update gave investors something they have not seen consistently for years: improving momentum and the prospect that it is becoming a stronger income story. Organic service revenue rose 5.2%, adjusted EBITDAaL (Earnings Before Interest, Tax, Depreciation, Amortisation, and after Leases) increased 6.2%, and management now expects both profit and free cash … Continue reading Vodafone delivers a stronger start – but can dividend investors expect more?