Valentine Hearts Incorporated (VHI : VSTEX), the Virtual Stock Exchange(VSTEX) bellweather security, announced a lower than usual dividend today, along with fears that the Virginia Tech Memorial may be shut down.
"Dividends are low this month due to the fact we are converting about half of our Openspace Sims to Full Sims. As of this post we have converted 8 OS and rented out 1 of the 2 FS. And are still waiting for LL to covert 12 OS Residents are not upset about moving from OS to FS. A couple of residents said that they would like to upgrade to a full sim," VHI(VSTEX) CEO Bart Heart stated in today's press release. "On a sad not this will be the last month for the VT Memorial on an OS. We have express our concerns to LL about this, and LL is working with us to keep the memorial in SL. Thats all I can say about that at this it, but will keep you posted once LL lets me know its ok to release more info."
Today's dividend was L$0.67, in comparison to the L$2.4375 average over the course of the last four reporting periods, bringing VHI(VSTEX)'s 6DYA (6-Month Dividend Yield Average) to L$2.09, the overall market leader in Second Life 6DYA.
VHI(VSTEX) has posted monthly dividends consistently each month since September, 2007, earning the only Luminos Dividend Rating of 6-Stars thus far awarded. The Luminos Dividend Rating awards 6 Stars only for securities that have paid dividends every month for over a year.
VHI(VSTEX) currently trades at L$290.00 but has only exchanged 151 shares in the last 30 days.
Published by Nicolo Luminos
I am a journalist in SL who covers a wide spectrum of topics. Currently working on: Financial Sector Documenting RL/SL Synergies Travelouges/Event Coverage View profile
Five Things Businesses Must See in Second LifeMore than US$1.6 million worth of commerce took place in the last 24 hours on Second Life, according to market data at Reuters' Second Life business portal at time of writing....
How to Earn Lindens And/or Get a Job in Second LifeYou're in Second Life and you want to make some lindens. You may not be sure where to go next or what to do to make some virtual cash. Well the good news for you is that you fou...- SLG Will Have Negligible Impact on VSTEXExpect Better Results In December Due To Promotional Program For Active Traders.
- Dior's Going Virtual with Second Life
- Starting a Business in Second Life Part II
- Have a Job Interview in Second Life? Choose Your Avatar Carefully
- What You Should Know Before Saying "Yes" to a Job Interview on Second Life
- Online Virtual World: Called Second Life
- Creating Microprims in Second Life
- How to Make Money in Second Life



