5 High-Yield Dividend Stocks According to Billionaire Mario Gabelli

2. Vodafone Group Plc (NASDAQ: VOD)

Number of Hedge Fund Holders: 17
Dividend Yield: 8.28%

Vodafone Group Plc (NASDAQ: VOD) is a British telecommunications company that has operations across the world. It announced earlier this year that the price range for the planned IPO of Vantage Towers would range from €22.50 to €29.00. The company also revealed that IPO was expected to raise at least €950 million from investors.

Vodafone Group Plc (NASDAQ: VOD) recently signed a deal with RingCentral for a co-branded venture to offer contact center-as-a-service and cloud services. Vodafone also secured a long-term agreement with Discovery, Inc. (DISCA). The agreement will allow Vodafone customers across 12 markets to access content from Discovery’s portfolio. The deal will also enable European customers to access Discovery+.

Discovery will access around 100 million customers subscribed to Vodafone’s mobile, broadband and TV services. The deal should provide more opportunities for Vodafone to continue on its high yield dividend streak.