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 paid on January 21, 2021 to shareholders who are on record by the close of business on December 31, 2020. Village Super Market operates 35 supermarkets under the ShopRite and Fairway brands across New Jersey, Maryland, New York, and eastern Pennsylvania, in addition to three specialty markets under the Gourmet Garage name in New York City.

Positive

• Quarterly cash dividend of $0.25 per Class A share indicates solid financial performance.
• Confidence in shareholder income with the declared dividends.

Negative

• None.

SPRINGFIELD, N.J., Dec. 11, 2020 (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 21, 2021 to shareholders of record at the close of business on December 31, 2020.

Village Super Market operates a chain of 35 supermarkets under the ShopRite and Fairway names in New Jersey, Maryland, New York and eastern Pennsylvania and three 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 Village Super Market?

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

When will the dividends be paid to shareholders of VLGEA?

The dividends will be paid on January 21, 2021.

What is the record date for the VLGEA dividends?

The record date for the dividends is December 31, 2020.

How many supermarkets does Village Super Market operate?

Village Super Market operates 35 supermarkets under the ShopRite and Fairway names.

In which states are Village Super Market's operations located?

Village Super Market operates in New Jersey, Maryland, New York, and eastern Pennsylvania.