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 for Class A common shares and $0.1625 for Class B common shares. These dividends are set to be paid on April 22, 2021, to shareholders on record as of April 1, 2021. Village Super Market operates a network of 34 supermarkets under the ShopRite and Fairway brands across New Jersey, Maryland, New York, and eastern Pennsylvania, in addition to three Gourmet Garage specialty markets in New York City.
Positive
- Quarterly cash dividend of $0.25 for Class A and $0.1625 for Class B shares indicates financial stability.
- Dividends payable on April 22, 2021, may enhance shareholder confidence.
Negative
- None.
News Market Reaction – VLGEA
In the trading session that priced this news, VLGEA declined 2.36%, reflecting a moderate 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., March 12, 2021 (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 three specialty markets under the Gourmet Garage name in New York City.
| Contact: | John Van Orden, CFO |
| (973) 467-2200 | |
| VillageInvestorRelations@wakefern.com |