Grants Stockholders Additional 5% Stock Dividend
MIAMI--(BUSINESS WIRE)--
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 16th consecutive year. Both the quarterly cash and
the annual stock dividends are payable on September 26, 2014 to holders
of record as of September 15, 2014.
Vector Group is a holding company that indirectly owns Liggett Group
LLC, Vector Tobacco Inc. and Zoom E-Cigs LLC 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.
Sard Verbinnen & Co
Paul Caminiti/Emily Deissler
212-687-8080
Source: Vector Group Ltd.
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