News Release

Vector Group Declares Quarterly Cash Dividend

March 5, 2020 at 5:00 PM EST

MIAMI--(BUSINESS WIRE)-- Vector Group Ltd. (NYSE: VGR) today announced that its Board of Directors has declared a regular quarterly cash dividend on its common stock of $0.20 per share. The quarterly cash dividend will be payable on March 30, 2020 to holders of record as of March 19, 2020.

Vector Group is a holding company for Liggett Group LLC, Vector Tobacco Inc., New Valley LLC, and Douglas Elliman Realty, LLC. Additional information concerning the company is available on the Company's website, www.VectorGroupLtd.com.

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

Source: Vector Group Ltd.