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 December 20, 2021. Shareholders of record as of December 10, 2021 will receive this dividend. Vector Group is a holding company comprising several subsidiaries, including Liggett Group and Douglas Elliman Realty. This dividend announcement reflects the company's commitment to returning value to its shareholders.

Positive

• Regular quarterly cash dividend of $0.20 per share.
• Dividend payment date set for December 20, 2021.

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, 2021 to holders of record as of December 10, 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/20211130006055/en/

Benjamin Spicehandler / Columbia Clancy

Sard Verbinnen & Co

212-687-8080

Bryant Kirkland

Vector Group Ltd.

305-579-8000

Source: Vector Group Ltd.

FAQ

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

The dividend amount for Vector Group (VGR) is $0.20 per share.

When is the dividend payable for VGR shareholders?

The dividend for VGR shareholders is payable on December 20, 2021.

When is the record date for the VGR dividend?

The record date for the VGR dividend is December 10, 2021.

How often does Vector Group (VGR) pay dividends?

Vector Group (VGR) pays dividends quarterly.

Is the dividend from Vector Group (VGR) sustainable?

The sustainability of the dividend has not been explicitly discussed in the press release.