Vector Group Declares Quarterly Cash Dividend

MIAMI--(BUSINESS WIRE)--Vector Group Ltd. (NYSE:VGR) today announced that its Board of Directors has declared a quarterly cash dividend on its common stock of $0.40 per share. Additionally, the Company's Board of Directors declared a stock dividend of 5%. Both the quarterly cash and the stock dividends are payable on September 27, 2019 to holders of record as of September 17, 2019.

Vector Group is a holding company for Liggett Group LLC, Vector Tobacco Inc., New Valley LLC, and Douglas Elliman Realty, LLC. Additional information concerning the company is available on the Company's website, www.VectorGroupLtd.com.

Contacts

Emily Claffey/Benjamin Spicehandler/Columbia Clancy
Sard Verbinnen & Co 212-687-8080