News Release

Vector Group Declares Quarterly Cash Dividend

November 28, 2018 at 4:45 PM EST

MIAMI--(BUSINESS WIRE)--Nov. 28, 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. The quarterly cash dividend will be payable on December 28, 2018 to holders of record as of December 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 indirectly owns a controlling interest in Douglas Elliman Realty, LLC. Additional information concerning the company is available on the Company's website, www.VectorGroupLtd.com.

Source: Vector Group Ltd.

Jared Levy/Emily Claffey/Benjamin Spicehandler
Sard Verbinnen & Co
212-687-8080