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 per Class A common share and $0.1625 per Class B common share. These dividends will be payable on April 28, 2022, to shareholders of record at the close of business on April 7, 2022. Village Super Market operates 34 supermarkets under the ShopRite and Fairway names across New Jersey, Maryland, New York, and eastern Pennsylvania, alongside three specialty markets under the Gourmet Garage brand in New York City.
Positive
- Quarterly cash dividends of $0.25 for Class A and $0.1625 for Class B indicate strong cash flow.
- Dividends payable on April 28 demonstrate company confidence in financial stability.
Negative
- None.
News Market Reaction – VLGEA
In the trading session that priced this news, VLGEA gained 0.04%, reflecting a mild positive 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 21, 2022 (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 |
