11-05-2019, 05:39 PM
VGR's 20-year run of dividend growth comes to a halt, with a 50% dividend cut starting in 2020: https://seekingalpha.com/news/3514819-ve...0-dividend
Vector (NYSE:VGR) declares $0.40/share quarterly dividend, in line with previous.
Forward yield 12.98%
Payable Dec. 30; for shareholders of record Dec. 17; ex-div Dec. 16.
The Board of Directors has decided to reduce the Company’s quarterly cash dividend to $0.20 per share, effective 1Q2020, and that the Company will no longer pay an annual stock dividend.
Vector (NYSE:VGR) declares $0.40/share quarterly dividend, in line with previous.
Forward yield 12.98%
Payable Dec. 30; for shareholders of record Dec. 17; ex-div Dec. 16.
The Board of Directors has decided to reduce the Company’s quarterly cash dividend to $0.20 per share, effective 1Q2020, and that the Company will no longer pay an annual stock dividend.