Vector Group Ltd. (NYSE:VGR) today announced that it has declared a regular quarterly cash dividend on its common stock of $0.40 per share. Additionally, the Company declared its regular annual stock dividend of 5% for the 17th consecutive year. Both the quarterly cash and the annual stock dividends are payable on September 29, 2014 to holders of record as of September 16, 2014.
The Board of Directors of Chimera today announced the declaration of its second quarter 2015 cash dividend of $0.48 per common share. This dividend is payable July 30, 2015, to common stockholders of record on June 30, 2015. The ex-dividend date is June 26, 2015.
The Board of Directors also announced that it expects to maintain a minimum quarterly dividend of $0.48 for the third and fourth quarters of 2015.
"Chimera remains well-positioned. We're producing high dividends while operating at a low recourse leverage ratio. Low leverage helps us maintain flexibility and take advantage of opportunities as they arise in the market. Improving fundamentals in mortgage credit will continue to allow Chimera to pay a durable high dividend in the quarters ahead." said Chimera's Chief Executive Officer Matthew Lambiase during last month's earnings call.