"The Company has received approval from the Australian Taxation Office that, for Australian taxation purposes, $0.20 of the $1.00 will be a capital return and the balance of $0.80 will be a fully franked dividend. If approved by shareholders at this meeting, the Record Date for the $1.00 per share payment will be 8th July with payment occurring on 19th July 2011"
Record date is 8th July, so last day of trading (T +3) to be eligible was last Friday 1st July
VRL Price at posting:
$3.18 Sentiment: Hold Disclosure: Held