Vector Group Declares Quarterly Cash Dividend

Rhea-AI Summary

Vector Group Ltd. (NYSE: VGR) announced a quarterly cash dividend of $0.20 per share, payable on March 30, 2021. Shareholders on record as of March 19, 2021 will receive this dividend, reflecting the company's ongoing commitment to returning value to its investors. Vector Group operates primarily through its subsidiaries, including Liggett Group LLC and Douglas Elliman Realty, enhancing its investment appeal.

Positive

• Quarterly cash dividend declared at $0.20 per share, reinforcing shareholder value.
• Strong commitment to returning value to investors.

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 March 30, 2021 to holders of record as of March 19, 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/20210302006163/en/

FAQ

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

The dividend amount is $0.20 per share.

When is the dividend payment date for VGR?

The dividend payment date is March 30, 2021.

Who is eligible to receive the dividend from VGR?

Holders of record as of March 19, 2021, are eligible to receive the dividend.

How often does Vector Group Ltd. pay dividends?

Vector Group pays dividends quarterly.

Is the dividend from VGR sustainable?

The press release does not provide specific details on the sustainability of the dividend.