Vector Group Declares Quarterly Cash Dividend
Aug. 29, 2018
MIAMI--(BUSINESS WIRE)--Aug 29, 2018--Vector Group Ltd. (NYSE:VGR) today announced that it has declared a regular quarterly cash dividend on its common stock of $0.40 per share. Additionally, the Company declared its regular annual stock dividend of 5% for the 20th consecutive year. Both the quarterly cash and the annual stock dividends are payable on September 27, 2018 to holders of record as of September 18, 2018.
Vector Group is a holding company that indirectly owns Liggett Group LLC and Vector Tobacco Inc. and directly owns New Valley LLC, which owns a controlling interest in Douglas Elliman Realty, LLC. Additional information concerning the company is available on the Company's website, www.VectorGroupLtd.com.
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CONTACT: Sard Verbinnen & Co
Emily Claffey/Benjamin Spicehandler/Columbia Clancy
KEYWORD: UNITED STATES NORTH AMERICA FLORIDA
INDUSTRY KEYWORD: BUILDING SYSTEMS PROFESSIONAL SERVICES REIT BANKING FINANCE RETAIL CONSTRUCTION & PROPERTY COMMERCIAL BUILDING & REAL ESTATE TOBACCO RESIDENTIAL BUILDING & REAL ESTATE
SOURCE: Vector Group Ltd.
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PUB: 08/29/2018 04:30 PM/DISC: 08/29/2018 04:30 PM