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 September 29, 2021, to shareholders on record as of September 15, 2021. This announcement reflects the company's commitment to returning value to its shareholders. Vector Group operates multiple subsidiaries, including Liggett Group LLC and Douglas Elliman Realty, showcasing its diverse business portfolio.

Positive

• Regular quarterly cash dividend of $0.20 per share enhances shareholder value.
• Company demonstrates commitment to returning income to shareholders.

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 September 29, 2021 to holders of record as of September 15, 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/20210823005613/en/

FAQ

What is the dividend amount declared by Vector Group (VGR)?

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

When will the dividend be paid to shareholders of VGR?

The dividend will be paid on September 29, 2021.

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

The record date for the dividend payment is September 15, 2021.

How often does Vector Group (VGR) pay dividends?

Vector Group pays dividends quarterly.