Vector Group Declares Quarterly Cash Dividend

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.

You May Also Be Interested In

• Inventus Power Launches the LV-24V50, a Compact 24V Lithium-ion Battery for Next-Generation Robotics and Material Handling
• MaxRamps™ to Make Official SEMA Show Debut, Showcasing American Manufacturing, Innovative Products and Custom Solutions
• Paris Baguette Expanded Its Growing Footprint with the Opening of a New Café in Euless