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%. Both the quarterly cash and the annual stock dividends are payable
on September 27, 2013 to holders of record as of September 16, 2013.
Vector Group is a holding company that indirectly owns Liggett Group LLC
and Vector Tobacco Inc. and directly owns New Valley LLC. Additional
information concerning the company is available on the company's
website, www.VectorGroupLtd.com.
Sard Verbinnen & Co
Paul Caminiti/Jonathan Doorley/Emily
Deissler
212-687-8080
Source: Vector Group Ltd.
News Provided by Acquire Media