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, 2022, to stockholders of record as of September 15, 2022. This announcement reflects the company's commitment to returning value to shareholders. Vector Group operates through its subsidiaries, including Liggett Group LLC and Vector Tobacco LLC, indicating a diversified business model.

Positive

• Quarterly cash dividend of $0.20 per share demonstrates commitment to returning value to shareholders.
• Dividend payment confirms company’s financial stability.

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 September 29, 2022 to holders of record as of September 15, 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/20220822005646/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. (VGR)?

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

When will the dividend be payable for Vector Group Ltd. (VGR)?

The dividend will be payable on September 29, 2022.

What is the record date for the dividend from Vector Group Ltd. (VGR)?

The record date for the dividend is September 15, 2022.