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 December 20, 2022, to shareholders on record as of December 9, 2022. This consistent dividend payment reflects the company’s ongoing commitment to return value to its shareholders. As a holding company for Liggett Group LLC, Vector Tobacco LLC, and New Valley LLC, Vector Group continues to operate in various sectors, emphasizing shareholder returns amid market dynamics.

Positive

• Quarterly cash dividend of $0.20 per share announced, reflecting commitment to shareholder returns.

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 December 20, 2022 to holders of record as of December 9, 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/20221128005750/en/

Emily Claffey/Benjamin Spicehandler/Columbia Clancy

FGS Global

212-687-8080

Source: Vector Group Ltd.

FAQ

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

The dividend declared is $0.20 per share.

What is the payment date for the dividend?

The dividend will be payable on December 20, 2022.

When is the record date for the dividend?

The record date for the dividend is December 9, 2022.

How often does Vector Group Ltd. pay dividends?

Vector Group typically pays dividends quarterly.

Is the dividend by Vector Group Ltd. sustainable?

The sustainability of the dividend can be assessed based on the company's financial performance.