Vector Group Declares Quarterly Cash Dividend

Rhea-AI Summary

Vector Group Ltd. (NYSE: VGR) has declared a quarterly cash dividend of $0.20 per share, payable on June 29, 2021, to stockholders of record as of June 16, 2021. This announcement signifies the company's ongoing commitment to returning value to its shareholders. As a holding company, Vector Group operates multiple subsidiaries, including Liggett Group LLC and Douglas Elliman Realty, enhancing its diverse portfolio.

Positive

• Quarterly cash dividend of $0.20 per share demonstrates commitment to shareholder returns.
• Payment date set for June 29, 2021, providing investors with timely returns.

Negative

• None.

Vector Group Ltd. (NYSE: VGR) today announced that its Board of Directors has declared a regular quarterly cash dividend on its common stock of $0.20 per share. The quarterly cash dividend will be payable on June 29, 2021 to holders of record as of June 16, 2021.

Vector Group is a holding company for Liggett Group LLC, Vector Tobacco Inc., New Valley LLC, and Douglas Elliman Realty, LLC. Additional information concerning the company is available on the Company's website, www.VectorGroupLtd.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20210527005913/en/

FAQ

What is the dividend amount for Vector Group (VGR)?

Vector Group (NYSE: VGR) has declared a dividend of $0.20 per share.

When will the dividend for VGR be paid?

The dividend will be payable on June 29, 2021.

What is the record date for the dividend payment of VGR?

The record date for the dividend payment is June 16, 2021.