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Village to Pay $16M in Special Dividends
Village Super Market said Friday that its board has authorized special dividends of $3 per share for Class A shares and $1.95 per share for Class B shares, to be paid April 24 to shareholders of record as of April 4.
March 17, 2008
1 Min Read
SPRINGFIELD, N.J. — Village Super Market here said Friday that its board has authorized special dividends of $3 per share for Class A shares and $1.95 per share for Class B shares, to be paid April 24 to shareholders of record as of April 4. The 25-unit ShopRite operator said the dividends, totaling $16 million, will be paid from cash on hand. The dividends are being issued “in recognition of our operating performance and strong financial position,” said James Sumas, chairman and chief executive officer, Village.
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