VRL 1.38% $2.15 village roadshow limited

vrl seems to have bottomed?, page-4

  1. 331 Posts.
    They actually have said that the preference shares will be getting a dividend this year but that will be reviewed in future years.

    Question I have is how much of a dividend will they pay on the prefs?

    Don't the conditions attached to the prefs require them to pay a dividend? I know that conditions placed upon prefs can vary from company to company but I thought I read somewhere the VRLPA had a condition requiring a dividend to be paid and that the dividend be at least 3 cents higher than the dividend for the ordinary shares.

    Surandy
 
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