Village Super Market, Inc. Declares Quarterly Dividend
Rhea-AI Summary
The Board of Directors of Village Super Market declared quarterly cash dividends of $0.25 per Class A common share and $0.1625 per Class B common share. These dividends are set to be payable on July 28, 2022 to shareholders of record as of July 7, 2022. Village Super Market operates 34 supermarkets under the ShopRite and Fairway brands across New Jersey, Maryland, New York, and eastern Pennsylvania, alongside four specialty markets under the Gourmet Garage name in New York City.
Positive
- Quarterly cash dividends of $0.25 for Class A and $0.1625 for Class B are a positive return for shareholders.
- Continued operation of 34 supermarkets indicates steady business presence in competitive markets.
Negative
- None.
News Market Reaction – VLGEA
In the trading session that priced this news, VLGEA declined 0.44%, reflecting a mild negative market reaction.
Data tracked by StockTitan Argus on the day of publication.
AI-generated analysis. How Rhea-AI works. Not financial advice.
SPRINGFIELD, N.J., June 20, 2022 (GLOBE NEWSWIRE) -- The Board of Directors of Village Super Market, Inc. (NSD-VLGEA) declared quarterly cash dividends of
Village Super Market operates a chain of 34 supermarkets under the ShopRite and Fairway names in New Jersey, Maryland, New York and eastern Pennsylvania and four specialty markets under the Gourmet Garage name in New York City.
| Contact: | John Van Orden, CFO |
| (973) 467-2200 | |
| VillageInvestorRelations@wakefern.com |
