Vector Group's most recent quarterly dividend was on Dec 8, 2022 (ex-date) with a cash dividend payment of $0.2 per share. On an annualized basis, the company has a current payout of $0.8 per share. This brings the dividend yield to 6.34% based on its recent close price.
Vector Group's dividend yield of 6.34% is higher than the Consumer Defensive sector average. If we compare it with the Consumer Defensive sector average of 2.18%, Vector Group's dividend yield is 191% higher. The historical 5-year average of VGR's dividend yield is 9.5%, which is more than the current one.
Vector Group has been paying dividends since 1995. VGR has issued four quarterly dividends in the last twelve months. The annualized DPS has not changed for the last year. But since the stock price has gone up by 12% from a year ago, the dividend yield has decreased by 11%.
| Ex-date | Payment date | Declared on | Amount | Type |
|---|---|---|---|---|
| Dec 8, 2022 | Dec 20, 2022 | Nov 28, 2022 | $0.2 | normal |
| Sep 14, 2022 | Sep 29, 2022 | Aug 22, 2022 | $0.2 | normal |
| Jun 16, 2022 | Jun 29, 2022 | Jun 6, 2022 | $0.2 | normal |
| Mar 21, 2022 | Mar 30, 2022 | Mar 9, 2022 | $0.2 | normal |
| Dec 9, 2021 | Dec 20, 2021 | Nov 30, 2021 | $0.2 | normal |
| Sep 14, 2021 | Sep 29, 2021 | Aug 23, 2021 | $0.2 | normal |
| Jun 15, 2021 | Jun 29, 2021 | May 27, 2021 | $0.2 | normal |
| Mar 18, 2021 | Mar 30, 2021 | Mar 2, 2021 | $0.2 | normal |
| Dec 16, 2020 | Dec 30, 2020 | Dec 3, 2020 | $0.2 | normal |
| Sep 16, 2020 | Sep 29, 2020 | Aug 27, 2020 | $0.2 | normal |
| Jun 18, 2020 | Jun 29, 2020 | May 28, 2020 | $0.2 | normal |
| Mar 18, 2020 | Mar 30, 2020 | Mar 5, 2020 | $0.2 | normal |
| Dec 16, 2019 | Dec 30, 2019 | Nov 5, 2019 | $0.4 | normal |
| Sep 16, 2019 | Sep 27, 2019 | Aug 29, 2019 | $0.4 | normal |
| Jun 17, 2019 | Jun 27, 2019 | May 28, 2019 | $0.381 | normal |
| Mar 18, 2019 | Mar 28, 2019 | Mar 5, 2019 | $0.381 | normal |
| Dec 17, 2018 | Dec 28, 2018 | Nov 28, 2018 | $0.381 | normal |
| Sep 17, 2018 | Sep 27, 2018 | Aug 29, 2018 | $0.381 | normal |
| Jun 18, 2018 | Jun 29, 2018 | May 29, 2018 | $0.363 | normal |
| Mar 19, 2018 | Mar 29, 2018 | Mar 5, 2018 | $0.363 | normal |
| Dec 19, 2017 | Dec 28, 2017 | Nov 29, 2017 | $0.363 | normal |
| Sep 19, 2017 | Sep 28, 2017 | Aug 30, 2017 | $0.363 | normal |
| Jun 16, 2017 | Jun 29, 2017 | May 31, 2017 | $0.346 | normal |
| Mar 20, 2017 | Mar 30, 2017 | Mar 7, 2017 | $0.346 | normal |
| Dec 19, 2016 | Dec 29, 2016 | Dec 6, 2016 | $0.346 | normal |
| Sep 19, 2016 | Sep 29, 2016 | Aug 31, 2016 | $0.346 | normal |
| Jun 20, 2016 | Jun 29, 2016 | Jun 1, 2016 | $0.329 | normal |
Vector Group's payout ratio of 81.6% is above the Consumer Defensive sector average but below the industry average. Compared to its Consumer Defensive sector average of 52.7%, Vector Group's payout ratio is 55% higher.
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| MO Altria Group Inc | 8.34% | $3.68 | 143.2% |
| VGR Vector Group Ltd | 6.34% | $0.8 | 81.6% |
| PM Philip Morris International Inc | 4.86% | $5.04 | 89.7% |
Yes, Vector Group has paid four dividends in the last 12 months. VGR has been paying dividends since 1995.
Currently VGR's next dividend date is unknown, however based on the recent dividend frequency we project that it will likely be in March 2023.
Vector Group's last dividend ex-date was on Dec 8, 2022. The dividend amount was $0.2 per share.
VGR has paid dividend of $0.8 per share in the last year.
Vector Group's current dividend yield is 6.34%.
Vector Group has a quarterly dividend frequency.
Vector Group's dividend payout ratio is 81.6%.
Vector Group's dividend yield is more than the Consumer Defensive sector average.