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 18th consecutive year. Both the quarterly cash and
the annual stock dividends are payable on September 29, 2016 to holders
of record as of September 21, 2016.
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.
View source version on businesswire.com: http://www.businesswire.com/news/home/20160831005223/en/
Sard Verbinnen & Co
Paul Caminiti/Emily Deissler/
Benjamin
Spicehandler/Spencer Waybright
212-687-8080
Source: Vector Group Ltd.
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