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 19th consecutive year. Both the quarterly cash and the annual
stock dividends are payable on September 28, 2017 to holders of record
as of September 20, 2017.
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.
View source version on businesswire.com: http://www.businesswire.com/news/home/20170830006036/en/
Sard Verbinnen & Co
Jared Levy/Emily Claffey/Columbia Clancy
212-687-8080
Source: Vector Group Ltd.
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