VRL 3.29% $2.06 village roadshow limited

Ann: Agreement to sell Sydney Attractions , page-3

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  1. LZA
    1,855 Posts.
    Yes, better still, they are getting rid of underperforming assets with overall no nett change to profit but cash back into the business, paying off the loans used for the buyback, in which there was a clause of no divs until repaid.
    market sold down on that becuase no divs until Jan 12 - now it looks like divs will be back soon!
    VRL has an outstanding history of div payouts - l like them!
 
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