VRL 0.50% $3.95 village roadshow limited

vrlpa - am i right?

  1. 489 Posts.
    As I understand from the recent posts the preference dividend has not yet been suspended but is under review by the directors. However there is a fair deal of pressure coming from the institutions to continue paying it including threat of legal action.

    I also understand the dividend is 10.175 cents which at current prices of say 74 cents makes a very attractive potential dividend of 13.75%.

    With the share at pretty well rock bottom, the portential for this divi, and the Matrix about to hit the screens this one might be worth a punt.

    Maybe someone can correct me if I have got it wrong
 
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