Sorry for the delay, didn't notice your post till now on my search...Been travelling around a bit for the last few months....Back into it now...
VTP, flagged an increase to 9c divvies per year...Think this has pushed the share price up of late...probably got a little ahead of itself lately but still a good co.
Can they sustain this.....A correction in the markets will hurt most LIC's but I think VTP are well managed & should perform well over the longer term.
I like the bit about forgoing bonuses to pay for capital raising..... Shows they are looking after the investors.
VTP Price at posting:
0.0¢ Sentiment: Buy Disclosure: Not Held