Village Super Market, Inc. Declares Quarterly Dividend

Rhea-AI Summary

The Board of Directors of Village Super Market has declared quarterly cash dividends of $0.25 per Class A common share and $0.1625 per Class B common share. These dividends will be payable on April 27, 2023, to shareholders of record as of April 6, 2023. Village Super Market operates 34 supermarkets under the ShopRite and Fairway brands across New Jersey, Maryland, New York, and eastern Pennsylvania, along with four specialty markets named Gourmet Garage in New York City.

Positive

• Quarterly cash dividend of $0.25 per Class A share reflects company confidence in financial health.
• Quarterly cash dividend of $0.1625 per Class B share demonstrates commitment to returning value to shareholders.

Negative

• None.

News Market Reaction – VLGEA

-1.10%

-1.10% Session move

In the trading session that priced this news, VLGEA declined 1.10%, 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.

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SPRINGFIELD, N.J., March 23, 2023 (GLOBE NEWSWIRE) -- The Board of Directors of Village Super Market, Inc. (NSD-VLGEA) declared quarterly cash dividends of $0.25 per Class A common share and $0.1625 per Class B common share. The dividends will be payable on April 27, 2023 to shareholders of record at the close of business on April 6, 2023.        

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

FAQ

What is the dividend amount for Village Super Market (VLGEA)?

Village Super Market has declared a quarterly cash dividend of $0.25 for Class A shares and $0.1625 for Class B shares.

When is the dividend payment date for VLGEA?

The dividend payment date for Village Super Market is April 27, 2023.

What is the record date for the VLGEA dividend?

The record date for the Village Super Market dividend is April 6, 2023.

How many supermarkets does Village Super Market operate?

Village Super Market operates 34 supermarkets under the ShopRite and Fairway names.

In which regions does Village Super Market operate?

Village Super Market operates in New Jersey, Maryland, New York, and eastern Pennsylvania.