Village Super Market, Inc. Declares Quarterly Dividend
Rhea-AI Summary
Village Super Market (NSD-VLGEA) has announced its quarterly dividend declaration. The Board of Directors approved a cash dividend of $0.25 per Class A common share and $0.1625 per Class B common share. These dividends will be paid on October 24, 2024, to shareholders of record as of October 3, 2024.
Village Super Market operates 34 supermarkets under the ShopRite and Fairway brands across New Jersey, Maryland, New York, and eastern Pennsylvania. Additionally, the company manages three specialty markets under the Gourmet Garage name in New York City.
Positive
- Consistent dividend payment indicates financial stability
- Diverse portfolio with 34 supermarkets and 3 specialty markets
- Presence in multiple states suggests geographic diversification
Negative
- None.
News Market Reaction – VLGEA
In the trading session that priced this news, VLGEA gained 2.44%, reflecting a moderate 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., Sept. 13, 2024 (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 | |
