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 will be payable on January 26, 2023 to shareholders of record as of January 5, 2023. Village Super Market operates 34 supermarkets under ShopRite and Fairway names across New Jersey, Maryland, New York, and eastern Pennsylvania, along with four specialty markets under the Gourmet Garage name in New York City.

Positive

• Quarterly cash dividend of $0.25 per Class A share and $0.1625 per Class B share enhances shareholder return.
• Stable operation with 34 supermarkets and specialty markets indicates strong market presence.

Negative

• None.

SPRINGFIELD, N.J., Dec. 16, 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 January 26, 2023 to shareholders of record at the close of business on January 5, 2023.

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 payout for Village Super Market (VLGEA)?

Village Super Market declared a dividend of $0.25 per Class A share and $0.1625 per Class B share.

When is the dividend payment date for VLGEA?

The dividend will be payable on January 26, 2023.

When is the record date for Village Super Market's dividend?

The record date for the dividend is January 5, 2023.

How many supermarkets does Village Super Market operate?

Village Super Market operates 34 supermarkets under the ShopRite and Fairway names.