Vector Group Declares Quarterly Cash Dividend

Rhea-AI Summary

Vector Group (NYSE: VGR) announced that its Board of Directors has declared a quarterly cash dividend of $0.20 per share.

This dividend will be payable on June 14, 2024, to shareholders of record as of June 5, 2024. Vector Group operates as a holding company for Liggett Group, Vector Tobacco, and New Valley.

Further information is available on the company’s website and the source version of the press release can be viewed on businesswire.com.

Positive

• Declared a quarterly cash dividend of $0.20 per share.
• Dividend payable on June 14, 2024, to shareholders of record as of June 5, 2024.

Negative

• No new business developments or financial data disclosed in the press release.

MIAMI--(BUSINESS WIRE)-- 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 14, 2024, to holders of record as of June 5, 2024.

Vector Group is a holding company for Liggett Group LLC, Vector Tobacco LLC and New Valley 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/20240516413421/en/

Columbia Clancy / Catherine Livingston

FGS Global

212-687-8080

Source: Vector Group Ltd.

FAQ

What is the amount of Vector Group's declared quarterly cash dividend?

Vector Group declared a quarterly cash dividend of $0.20 per share.

When will Vector Group's quarterly dividend be paid?

The quarterly dividend will be payable on June 14, 2024.

What is the record date for Vector Group's dividend?

The record date for the dividend is June 5, 2024.

Which company announced a quarterly cash dividend on May 16, 2024?

Vector Group announced a quarterly cash dividend on May 16, 2024.