Here is my configuration to stream a DVD from VLC on Mac High Sierra to a VLC client app on Android (f.e. 2017 Kindle HD10).
- MPEG PS <- this is important if you want to get subtitles
Once you started streaming you can connect the VLC client app to the stream using the hosts IP address. For example http://192.168.178.35:1234.
Now even subtitles and the audio lanes can be chosen in the streaming client app. Note that changing the subtitles takes several seconds to take effect.
Tested using version 3.0.0 on server and client side.