Village Super Market, Inc. Declares Quarterly Dividend
Rhea-AI Summary
The Board of Directors of Village Super Market declared a quarterly cash dividend of $0.25 per Class A common share and $0.1625 per Class B common share. These dividends are payable on October 28, 2021, to shareholders on record as of October 7, 2021. Village Super Market operates 34 supermarkets under the ShopRite and Fairway brands across New Jersey, Maryland, New York, and eastern Pennsylvania, in addition to three specialty markets under the Gourmet Garage name in New York City.
Positive
- Quarterly cash dividend of $0.25 for Class A shares indicates a commitment to returning value to shareholders.
- Established presence with 34 supermarkets suggests stable operations and market confidence.
Negative
- None.
News Market Reaction – VLGEA
In the trading session that priced this news, VLGEA declined 1.24%, 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., Sept. 17, 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 |
