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, 2022. The dividend is for shareholders on record as of June 17, 2022. Vector Group operates as a holding company for Liggett Group LLC, Vector Tobacco LLC, and New Valley LLC. This announcement reflects the company's commitment to returning value to its shareholders.

Positive

• Declaration of a regular quarterly cash dividend of $0.20 per share.
• Demonstrates shareholder value return with a consistent dividend payment.

Negative

• None.

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 29, 2022 to holders of record as of June 17, 2022.

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/20220606005891/en/

Emily Claffey/Benjamin Spicehandler/Columbia Clancy

Sard Verbinnen & Co

212-687-8080

Source: Vector Group Ltd.

FAQ

What is the dividend amount declared by Vector Group Ltd.?

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

When will the dividend be paid to shareholders?

The dividend will be payable on June 29, 2022.

What is the record date for the dividend payment?

The record date for the dividend payment is June 17, 2022.

What companies does Vector Group Ltd. operate?

Vector Group Ltd. operates Liggett Group LLC, Vector Tobacco LLC, and New Valley LLC.