STOCK DIVIDEND AND STOCK SPLIT
The most common method for companies to distribute wealth among shareholders is to pay dividends in the form of cash or stock. When a company has a low level of liquid cash on hand, stock dividends are typically issued in lieu of cash dividends. It is the board of directors that decides whether a dividend should be declared and in what form it should be distributed. Dividend yield is also a financial ratio that shows how much a company pays out in dividends on its shares each year, which is something investors look for in a stock.
Dividend Rate
Trailing Annual Dividend Rate
$0.80
Forward Annual Dividend Rate
$0.80
Yield
Trailing Annual Dividend Yield
5.35%
Forward Annual Dividend Yield
5.34%
Dividend Date
Dividend Date
Sep 12, 2024
Ex-dividend Date
Aug 30, 2024
8.05 %
68.78
Dividend History
| Announced | Amount | Ex-Dividend Date | Record Date | Payment Date |
|---|---|---|---|---|
| Aug 20, 2024 | 0.2 | Aug 30, 2024 | Aug 30, 2024 | Sep 12, 2024 |
| May 16, 2024 | 0.2 | Jun 05, 2024 | Jun 05, 2024 | Jun 14, 2024 |
| Feb 15, 2024 | 0.2 | Mar 01, 2024 | Mar 04, 2024 | Mar 14, 2024 |
| Nov 21, 2023 | 0.2 | Nov 30, 2023 | Dec 01, 2023 | Dec 15, 2023 |
| Aug 22, 2023 | 0.2 | Aug 31, 2023 | Sep 01, 2023 | Sep 15, 2023 |
| Jun 09, 2023 | 0.2 | Jun 16, 2023 | Jun 20, 2023 | Jun 29, 2023 |
| Mar 06, 2023 | 0.2 | Mar 16, 2023 | Mar 17, 2023 | Mar 30, 2023 |
| Nov 28, 2022 | 0.2 | Dec 08, 2022 | Dec 09, 2022 | Dec 20, 2022 |
| Aug 22, 2022 | 0.2 | Sep 14, 2022 | Sep 15, 2022 | Sep 29, 2022 |
| Jun 06, 2022 | 0.2 | Jun 16, 2022 | Jun 17, 2022 | Jun 29, 2022 |
Stock Split History
| Date | Ratio | Change Before Split | Change After Split |
|---|---|---|---|
| Dec 30, 2021 | 141:100 | +0.82% | +1.41% |
| Sep 16, 2019 | 105:100 | -0.08% | -0.58% |
| Sep 17, 2018 | 105:100 | -0.76% | -2.45% |
| Sep 19, 2017 | 105:100 | +1.66% | -0.70% |
| Sep 30, 2016 | 105:100 | -1.59% | -1.99% |
| Sep 19, 2016 | 105:100 | +13.41% | +13.27% |
| Sep 14, 2015 | 105:100 | -0.11% | 0 |
| Sep 11, 2014 | 105:100 | +0.40% | -0.51% |
| Sep 12, 2013 | 105:100 | +0.08% | +0.58% |
| Sep 19, 2012 | 105:100 | -0.17% | +1.44% |
| Sep 16, 2011 | 105:100 | +0.33% | +1.81% |
| Sep 14, 2010 | 105:100 | +0.24% | +0.16% |
| Sep 16, 2009 | 105:100 | +0.72% | +0.32% |
| Sep 17, 2008 | 105:100 | +3.02% | +2.00% |
| Sep 18, 2007 | 105:100 | +1.60% | -0.46% |
| Sep 18, 2006 | 105:100 | +2.65% | +0.22% |
| Sep 16, 2005 | 105:100 | -0.41% | -2.39% |
| Sep 16, 2004 | 105:100 | -0.37% | -2.69% |
| Sep 17, 2003 | 105:100 | +0.58% | -0.14% |
| Sep 18, 2002 | 105:100 | -3.59% | -5.26% |
| Sep 19, 2001 | 105:100 | +0.24% | -6.26% |
| Sep 20, 2000 | 105:100 | +0.69% | -4.26% |
| Sep 22, 1999 | 105:100 | -1.26% | -1.21% |
Frequently Asked Questions
Is Vector Group Ltd. (VGR) a dividend paying company?
In a company, dividends are a portion of profits paid out to shareholders - investors getting a little bit back on their investment. In particular, dividends benefit investors, especially income-seeking investors, because they provide mutual benefits both to companies and investors. Dividends are a strong indicator for a company's ability to produce profits consistently and reflect favorably on its management. Vector Group Ltd. is also among the companies that regularly pay dividends.
What is VGR's dividend yield?
Many factors affect dividend yields, including global market conditions, interest rates, and the financial status of an individual company.However, the average dividend yield for a good company is between 2% and 6%. VGR's annual dividend yield for the trailing 12 months is 5.35.
When did VGR last pay a dividend?
VGR last paid dividends on 2024-09-12, with the ex-dividend date being 2024-08-30.
When was the last time VGR stock split?
VGR stock split took place on 30-12-2021.
How did VGR's stock split work?
Its last split took place on Dec 30, 2021, when Vector Group Ltd. went through a 141:100 split leaving the shareholder with 141 share(s) who previously owned 100 VGR share(s).