VIP Gloves Ltd's (ASX:VIP) Sebastian Chang caught up with Proactive's Andrew Scott following the news the company has approved a new dividend policy whereby an annual dividend payout ratio of between 20% and 40% of earnings before significant items, subject to the company's financial position, will be determined. It'll be payable as cash dividends to holders of VIP shares.

VIP Gloves announces 'generous' new dividend policy
Quick facts: VIP Gloves Ltd
Price: 0.051 AUD
Market: ASX
Market Cap: $38.04 m
Follow
NO INVESTMENT ADVICE
The Company is a publisher. You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is...
In exchange for publishing services rendered by the Company on behalf of VIP Gloves Ltd named herein, including the promotion by the Company of VIP Gloves Ltd in any Content on the Site, the Company receives from...
FOR OUR FULL DISCLAIMER CLICK HERE