re: huge divvy yield and buyback and capital retur so, the next...

re: huge divvy yield and buyback and capital retur so, the next phase on the Capital Manangement is underway. The BIG game is still on and this confirms it.

Quite clever - minimise the 3c spread required on the VRLPA div above the VRL by holding them all back and declaring a giant div in one go! so the percentage spread in div payout is greatly reduced.

I'm still holding.. (mainly VRLPA) and believe there is more to come, but a top run so far 2day..

VRLPA are covered by most margin lenders FYI

Ralphie