Resolution No. 2012-01 - Tabled Royalty/Dividend Whereas; currently there are no royalties or dividends paid out to citizens. Therefore Be It Resolved; The VGG pay out to beneficiaries 18 years and older the amount of $3000.00 at year end every year; That beneficiaries under 18 years of age have funds be put into a trust so when they turn 18 years of age they will have a savings to look forward to.