Village Super Market, Inc. Declares Quarterly Dividend

Rhea-AI Summary

The Board of Directors of Village Super Market, ticker VLGEA, announced 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 July 25, 2024, to shareholders recorded by July 4, 2024.

Village Super Market operates 34 supermarkets under the ShopRite and Fairway brands in New Jersey, Maryland, New York, and eastern Pennsylvania, along with three Gourmet Garage specialty markets in New York City.

Positive

• Quarterly cash dividends declared: $0.25 per Class A common share and $0.1625 per Class B common share.
• Dividends payable on July 25, 2024, ensuring returns to shareholders.
• Village Super Market operates 34 supermarkets and 3 specialty markets, indicating a significant market presence.

Negative

• No new business developments or expansions announced.
• Dividends, while beneficial, do not indicate immediate business growth.

News Market Reaction – VLGEA

-2.44%

-2.44% Session move

In the trading session that priced this news, VLGEA declined 2.44%, 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.

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google Not now

SPRINGFIELD, N.J., June 14, 2024 (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 July 25, 2024 to shareholders of record at the close of business on July 4, 2024.

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

FAQ

What dividends did Village Super Market (VLGEA) declare?

Village Super Market declared dividends of $0.25 per Class A common share and $0.1625 per Class B common share.

When will the dividends for VLGEA be payable?

The dividends will be payable on July 25, 2024.

Who is eligible to receive the VLGEA dividends?

Shareholders of record at the close of business on July 4, 2024, are eligible to receive the dividends.

How many supermarkets does VLGEA operate?

Village Super Market operates a total of 34 supermarkets.

Where are VLGEA's supermarkets located?

The supermarkets are located in New Jersey, Maryland, New York, and eastern Pennsylvania.

What specialty markets does VLGEA operate?

VLGEA operates three specialty markets under the Gourmet Garage name in New York City.