Vector Group (VGR) Declares $0.40 Quarterly Dividend; 13% Yield

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Vector Group Declares Quarterly Cash Dividend of $0.40 Per Share

November 5, 2019 4:18 PM EST

Vector Group Announces Reduction in Future Quarterly Cash Dividends

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 $0.40 per share. The quarterly cash dividend will be payable on December 30, 2019 to holders of record as of December 17, 2019.

Vector Group also announced that its Board of Directors has decided to reduce the Companys quarterly cash dividend to $0.20 per share, effective the first quarter of 2020, and that the Company... More