Village Super Market, Inc. Declares Quarterly Dividend

Rhea-AI Summary

The Board of Directors of Village Super Market declared quarterly cash dividends of $0.25 per Class A common share and $0.1625 per Class B common share. These dividends are set to be payable on July 28, 2022 to shareholders of record as of July 7, 2022. Village Super Market operates 34 supermarkets under the ShopRite and Fairway brands across New Jersey, Maryland, New York, and eastern Pennsylvania, alongside four specialty markets under the Gourmet Garage name in New York City.

Positive

• Quarterly cash dividends of $0.25 for Class A and $0.1625 for Class B are a positive return for shareholders.
• Continued operation of 34 supermarkets indicates steady business presence in competitive markets.

Negative

• None.

SPRINGFIELD, N.J., June 20, 2022 (GLOBE NEWSWIRE) -- The Board of Directors of Village Super Market, Inc. (NSD-VLGEA) declared quarterly cash dividends of $0.25 per Class A common share and $0.1625 per Class B common share. The dividends will be payable on July 28, 2022 to shareholders of record at the close of business on July 7, 2022.

Village Super Market operates a chain of 34 supermarkets under the ShopRite and Fairway names in New Jersey, Maryland, New York and eastern Pennsylvania and four specialty markets under the Gourmet Garage name in New York City.

Contact:	John Van Orden, CFO
	(973) 467-2200
	VillageInvestorRelations@wakefern.com

FAQ

What is the dividend amount for VLGEA shareholders?

The dividend amount for Class A common shareholders is $0.25, and for Class B common shareholders, it is $0.1625.

When will the dividends for VLGEA be paid?

The dividends will be paid on July 28, 2022.

What is the record date for the VLGEA dividend payment?

The record date for the dividend payment is July 7, 2022.