Outgoing Village Roadshow chief executive Graham Burke has declared an end to the bitter family dispute that has boiled in the company's boardroom over the last 12 months, with a more upbeat outlook for the cinema and theme parks business and a return to dividends for the first time in three years.
Mr Burke told The Australian Financial Review the return to dividends is part of Village Roadshow's ongoing permanent plan to return capital to shareholders. The company declared a fully franked 5¢ dividend.
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Max Mason covers insolvency, courts, financial crime, cybercrime and corporate wrongdoing. A Walkley Award winner, Max’s journalism has also received awards from the National Press Club of Australia, the Kennedy Awards and Citibank. Message Max on Signal https://tinyurl.com/MaxMason Connect with Max on Twitter. Email Max at max.mason@afr.com
