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VGI Partners Announces Increased Dividend Policy to Benefit Shareholders

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VGI Partners Announces Increased Dividend Policy to Benefit Shareholders

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VGI Partners Global Investments Ltd. ( (AU:VG1) ) has shared an announcement.

VGI Partners Global Investments Ltd has updated its dividend policy, now targeting a minimum of 6 cents per share semi-annually, up from the previous 5 cents. This decision, backed by the company’s strong profit reserves, aims to provide a 6.4% annualized dividend yield, potentially rising to 9.1% if fully franked. The change underscores VG1’s commitment to delivering stable and potentially growing dividends, offering significant benefits for shareholders and enhancing its market position as a listed investment company.

More about VGI Partners Global Investments Ltd.

VG1, part of VGI Partners Global Investments Ltd, offers investors a concentrated, actively managed portfolio featuring long and short positions in global listed securities. The company employs a fundamental, bottom-up investment strategy, leveraging the expertise and network of Regal Partners, its Investment Manager.

YTD Price Performance: 4.76%

Average Trading Volume: 2

Technical Sentiment Consensus Rating: Sell

Learn more about VG1 stock on TipRanks’ Stock Analysis page.

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