Bluegreen Vacations’ Board of Directors Declares Quarterly Cash Dividend

Rhea-AI Summary

Bluegreen Vacations Holding Corporation (NYSE: BVH, OTCQX: BVHBB) has declared a quarterly cash dividend of $0.15 per share on its Class A and Class B Common Stock. This dividend is payable on August 22, 2022, to all shareholders of record by the close of trading on August 8, 2022. As a vacation ownership company, Bluegreen markets and sells vacation ownership interests and manages resorts, providing a flexible points-based vacation ownership plan.

Positive

• Quarterly dividend of $0.15 per share enhances shareholder income.
• Demonstrates company confidence in financial stability.

Negative

• Risks associated with future dividend payments may affect investor confidence.

BOCA RATON, Fla.--(BUSINESS WIRE)-- Bluegreen Vacations Holding Corporation (NYSE: BVH) (OTCQX: BVHBB) (the “Company" or “Bluegreen”) announced today that the Company’s Board of Directors has declared a quarterly cash dividend of $0.15 per share on its Class A and Class B Common Stock, payable on August 22, 2022, to all shareholders of record at the close of trading on August 8, 2022.

About Bluegreen Vacations:

Bluegreen Vacations Holding Corporation (NYSE: BVH; OTCQX: BVHBB) is a leading vacation ownership company that markets and sells vacation ownership interests and manages resorts in popular leisure and urban destinations. The Bluegreen Vacation Club is a flexible, points-based, deeded vacation ownership plan with 68 Club and Club Associate Resorts and access to nearly 11,300 other hotels and resorts through partnerships and exchange networks. The Company also offers a portfolio of comprehensive, fee-based resort management, financial, and sales and marketing services to, or on behalf of, third parties.

For further information, please visit us at:

Bluegreen Vacations Holding Corporation: www.BVHCorp.com

Certain matters within this press release include “forward–looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Forward-looking statements may involve known and unknown risks, uncertainties and other factors that may cause the actual results or performance to differ from those projected in the forward-looking statements, including but not limited to, the risk that quarterly dividend payments may not be declared at the current level in the future, on a regular basis as anticipated, or at all, and the risks associated with the Company’s future progress and performance. For a description of risks relating to the payment of dividends as well as other risks and uncertainties, please review the Company's filings with the SEC, including, without limitation, the Company’s Annual Report on Form 10-K for the year ended December 31, 2021 (including the “Risk Factors” section thereof), filed with the Securities and Exchange Commission, which are available on the SEC's website, https://www.sec.gov, and on Bluegreen Vacations’ website, www.BVHCorp.com. The Company cautions that the foregoing factors are not exclusive.

View source version on businesswire.com: https://www.businesswire.com/news/home/20220721005985/en/

Bluegreen Vacations Holding Corporation Contact Info:

Investor Relations: Leo Hinkley, Managing Director, Investor Relations Officer

Telephone: 954-399-7193

Email: Leo.Hinkley@BVHcorp.com

Source: Bluegreen Vacations Holding Corporation

FAQ

What is the dividend amount for Bluegreen Vacations in August 2022?

The declared dividend amount is $0.15 per share.

When will the Bluegreen Vacations dividend be paid?

The dividend will be payable on August 22, 2022.

What date is the record for Bluegreen Vacations dividend payment?

Shareholders of record must hold shares by the close of trading on August 8, 2022.

How often does Bluegreen Vacations pay dividends?

Bluegreen Vacations typically pays dividends quarterly.

What risks are associated with Bluegreen Vacations' dividends?

The company cautions that future dividend payments may not be declared at the current level regularly, which poses risks to investors.