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 July 23, 2020, to shareholders of record at the close of business on July 2, 2020. Village Super Market operates a chain of 35 supermarkets under the ShopRite and Fairway brands across New Jersey, Maryland, New York, and eastern Pennsylvania, and operates three specialty markets under the Gourmet Garage name in New York City.
Positive
- Declared dividends of $0.25 per Class A share and $0.1625 per Class B share, providing income for shareholders.
- Confidence in sustaining dividends reflects positively on the company's financial health.
Negative
- None.
News Market Reaction – VLGEA
In the trading session that priced this news, VLGEA declined 0.39%, 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 12, 2020 (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 35 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 |