Bluegreen Vacations’ Board of Directors Declares Quarterly Cash Dividend

Rhea-AI Summary

Bluegreen Vacations Holding Corporation (BVH) Announces $0.20 Quarterly Cash Dividend

Positive

• The announcement of a quarterly cash dividend indicates the company's financial stability and commitment to returning value to its shareholders.

Negative

• None.

BOCA RATON, Fla.--(BUSINESS WIRE)-- Bluegreen Vacations Holding Corporation (NYSE: BVH) (OTCQX: BVHBB) (the “Company" or “Bluegreen Vacations”) announced today that the Company’s Board of Directors has declared a quarterly cash dividend on its Class A and Class B Common Stock of $0.20 per share. The cash dividend is payable on December 18, 2023 to all shareholders of record at the close of trading on December 5, 2023.

About Bluegreen Vacations:

Bluegreen Vacations Holding Corporation (NYSE: BVH; OTCQX: BVHBB) is a leading vacation ownership company that markets and sells vacation ownership interests and manages resorts in popular leisure and urban destinations. The Bluegreen Vacation Club is a flexible, points-based, deeded vacation ownership plan with 74 Club and Club Associate Resorts and access to nearly 11,600 other hotels and resorts through partnerships and exchange networks.

For further information, please visit us at:
Bluegreen Vacations Holding Corporation: www.BVHCorp.com

Certain matters within this press release include “forward–looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Forward-looking statements may involve known and unknown risks, uncertainties and other factors that may cause the actual results or performance to differ from those projected in the forward-looking statements, including but not limited to, the risk that quarterly dividend payments may not be declared at the current level in the future, on a regular basis as anticipated, or at all, and the risks associated with the Company’s future progress and performance. For a description of risks relating to the payment of dividends as well as other risks and uncertainties, please review the Company's filings with the SEC, including, without limitation, the Company’s Annual Report on Form 10-K for the year ended December 31, 2022 (including the “Risk Factors” section thereof), filed with the Securities and Exchange Commission, which are available on the SEC's website, https://www.sec.gov, and on Bluegreen Vacations’ website, www.BVHCorp.com. The Company cautions that the foregoing factors are not exclusive.

View source version on businesswire.com: https://www.businesswire.com/news/home/20231117444133/en/

Bluegreen Vacations Holding Corporation Contact Info:

Sharon Stennett, Investor Relations Manager

954-399-7193

Email: IR@BVHcorp.com

Source: Bluegreen Vacations Holding Corporation

What is the ticker symbol of Bluegreen Vacations Holding Corporation?

The ticker symbol is BVH.

How much is the quarterly cash dividend declared by Bluegreen Vacations Holding Corporation?

The quarterly cash dividend is $0.20 per share.

When is the cash dividend payable to shareholders?

The cash dividend is payable on December 18, 2023.

Who is eligible to receive the cash dividend?

All shareholders of record at the close of trading on December 5, 2023, are eligible to receive the cash dividend.