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VG1 Raises Dividend Target to 6 Cents, Backed by $261m Reserves
8:59am on Monday 2nd of June, 2025 AEST
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VG1 Raises Dividend Target to 6 Cents, Backed by $261m Reserves
8:59am on Monday 2nd of June, 2025 AEST
Key Points
Dividend target increased from 5 to 6 cents per share semi-annually
New policy implies a 6.4% annual yield, rising to 9.1% fully franked
Profit reserves stand at $261.2 million, covering over eight years of dividends
Dividends to be franked to the fullest extent possible
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VGI PARTNERS GLOBAL INVESTMENTS (ASX:VG1)
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