Village Super Market, Inc. Announces Quarterly Dividend
Village Super Market, Inc. (NASDAQ: VLGEA) has made a noteworthy announcement regarding its commitment to shareholders by declaring cash dividends for the upcoming quarter. Each Class A common share will receive a dividend of $0.25, while Class B common shares will earn $0.1625.
Dividend Payment Details
The company plans to distribute these dividends on October 24, 2024. To be eligible for this payout, shareholders need to be on record by the end of business on October 3, 2024. This action highlights Village Super Market's ongoing commitment to enhancing shareholder value as it continues its operations.
Overview of Village Super Market, Inc.
Village Super Market operates 34 supermarkets, primarily under the well-known ShopRite and Fairway brands. Their locations span across several states, including New Jersey, Maryland, New York, and parts of eastern Pennsylvania. Additionally, they run three specialty markets called Gourmet Garage in New York City. This varied portfolio reflects the company's ability to adapt and its customer-focused strategies in the competitive grocery industry.
Contact Information for Shareholder Inquiries
If you have any questions related to investor relations, you can reach out to John Van Orden, the CFO of Village Super Market. He is available at (973) 467-2200 or via email at VillageInvestorRelations@wakefern.com. Keeping open lines of communication with shareholders illustrates the company's proactive approach to investor relations.
Frequently Asked Questions
What is the dividend declared by Village Super Market?
Village Super Market has declared a quarterly cash dividend of $0.25 for each Class A share and $0.1625 for each Class B share.
When will the dividends be paid?
The dividends are set to be paid on October 24, 2024, to shareholders who are recorded by October 3, 2024.
How many supermarkets does Village Super Market operate?
The company operates 34 supermarkets under the ShopRite and Fairway brands.
In which regions does Village Super Market operate?
Village Super Market has a presence in New Jersey, Maryland, New York, and eastern Pennsylvania.
Who can I contact for more information about my investment?
Shareholders can reach out to John Van Orden, CFO, at (973) 467-2200 or contact him via email for any investment-related inquiries.