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Finally....we got a little sustained day - day - day - day uplift in the stock price. Always fun to see price (share growth) appreciation along with the 9% dividend payment !!
Glad someones paying me... Saw your payout... VERY nice!
~~~ PAYday !! <again>
VGR ~~~ Ownership Summary << tight holders >>
Institutional Stock Ownership 21.1%
Institutional Mutual Fund Ownership 6.5%
Mutual Fund Ownership 1.4%
Insider Ownership 4.2%
Other 66.9%
Total Outstanding Shares: 74,997,348
Top 10 Institutional Holdings by Shares Held
Name Reporting Date Total Holdings Position Value Outstanding
Shares Owned
RENAISSANCE TECHNOLOGIES, LLC 12/31/10 3.8M $63.7M 5.06%
VANGUARD GROUP, INC. (THE) 12/31/10 2.2M $37.4M 2.97%
BlackRock Institutional Trust Company, N.A. 12/31/10 1.5M $24.9M 1.98%
ROCHDALE INVESTMENT MANAGEMENT INC 12/31/10 1.4M $24.1M 1.92%
DREMAN VALUE MANAGEMENT, L.L.C. 12/31/10 1.3M $22.5M 1.79%
DEUTSCHE BANK AKTIENGESELLSCHAFT 12/31/10 1.1M $18.7M 1.49%
BlackRock Fund Advisors 12/31/10 1.0M $17.6M 1.39%
STATE STREET CORPORATION 12/31/10 855.9K $14.4M 1.14%
DIMENSIONAL FUND ADVISORS LP 12/31/10 632.5K $10.6M 0.84%
NORTHERN TRUST CORPORATION 12/31/10 591.4K $9.9M 0.79%
Top 10 Mutual Fund Holdings by Shares Held
Name Reporting Date Total Holdings Position Value Outstanding
Shares Owned
DWS Dreman Small Cap Value Fd (i) 12/31/10 1.0M $17.5M 1.39%
VANGUARD SMALL-CAP INDEX FUND (i) 12/31/10 613.8K $10.3M 0.82%
ISHARES RUSSELL 2000 INDEX FD (i) 01/31/11 600.0K $10.1M 0.80%
VANGUARD TOTAL STOCK MARKET INDEX FUND (i) 12/31/10 555.3K $9.3M 0.74%
VANGUARD SMALL CAP VALUE INDEX FUND (i) 12/31/10 364.9K $6.1M 0.49%
VANGUARD EXTENDED MARKET INDEX FUND (i) 12/31/10 355.7K $6.0M 0.47%
COLLEGE RETIREMENT EQUITIES FUND-STOCK ACCOUNT (i) 09/30/10 220.6K $3.7M 0.29%
DFA U.S. SMALL CAP SERIES (i) 10/31/10 202.0K $3.4M 0.27%
BLACKROCK STRATEGIC DIVIDEND ACHIEVERS TRUST (i) 10/31/10 194.1K $3.3M 0.26%
ISHARES RUSSELL 2000 GROWTH INDEX FD (i) 01/31/11 192.9K $3.2M 0.26%
Looking to Replace Bonds? My List of 20 Dividend 'Over' Achievers
http://seekingalpha.com/article/254085-looking-to-replace-bonds-my-list-of-20-dividend-over-achievers?source=yahoo
VGR ~~ This guy making some big "A" moves on VGR !!
Form 4 VECTOR GROUP LTD For: Jan 21 Filed by: FROST PHILLIP MD ET AL 01/25 05:21 PM
http://xml.10kwizard.com/filing_raw.php?repo=tenk&ipage=7355706
Filed on: January 25, 2011
=============
Form 4 VECTOR GROUP LTD For: Feb 04 Filed by: FROST PHILLIP MD ET AL 02/08 07:30 AM
http://xml.10kwizard.com/filing_raw.php?repo=tenk&ipage=7384675
Filed on: February 8, 2011
Wishin' and hopin' !!
<~~~ next move???
Suck up the VGR brands!!
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=59486057
VGR If.... he's sellin ---- EZ's buyin' !!
Vector Group Extinquished after Mad Money Pan Last Week
01/18 10:02 AM
10:02 AM Eastern Standard Time, 01/18/2011 (MidnightTrader) --
Vector Group (VGR:$16.511,0$-0.7390,-4.28%) is down about 5% in early trade, possibly losing ground after "Mad Money" host Jim Cramer on Friday recommended against the cigarette company despite its hefty 9.3% dividend. Instead, the CNBC personality suggested investors buy Altria (MO:$24.1589,$-0.0011,-0.00%) because of the strength of its underlying business. Altria (MO:$24.1589,$-0.0011,-0.00%) , which produces Marlboro cigarettes among other Phillip Morris brands, sells more than one out of every two cigarettes smoked in the U.S. Vector, by comparison, only has about 2.7% of the American market. Altria (MO:$24.1589,$-0.0011,-0.00%) shares are down $0.03 right now at $24.13 a share. Price: 16.33, Change: -0.92, Percent Change: -5
http://www.midnighttrader.com
HNY2U2! Nice plug!
Nice to 'finally' see a GREEN day on VGR ---- I was starting to get a bit impatient!
Let's hope today starts a new sustained price INcline
'nother dozen shares or so....
Vector Group Declares Quarterly Cash Dividend
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. The dividend is payable on December 30, 2010 to holders of record as of December 20, 2010.
VGR ~~ Vector Group to Host Third Quarter 2010 Conference Call
11/04 08:30 AM
MIAMI--(BUSINESS WIRE)-- Vector Group Ltd. (VGR:$18.90,00$0.1000,0.53%) will conduct a conference call and webcast to discuss its third quarter 2010 results on Friday, November 5, 2010 at 11:00 a.m. (ET).
Investors can access the call by dialing 800-859-8150 and entering 33783368 as the conference ID number. The call will also be available via live webcast at www.investorcalendar.com.
Webcast participants should allot extra time before the webcast begins to register.
A replay of the call will be available shortly after the call ends on November 5, 2010 through November 19, 2010. To access the replay, dial 877-656-8905 and enter 33783368 as the conference ID number. The archived webcast will also be available at www.investorcalendar.com for 30 days.
Vector Group (VGR:$18.90,00$0.1000,0.53%) is a holding company that indirectly owns Liggett Group LLC and Vector Tobacco Inc. and directly owns New Valley LLC. Additional information concerning the company is available on the company’s website, www.VectorGroupLtd.com.
Source: Vector Group Ltd. (VGR:$18.90,00$0.1000,0.53%)
VGR ~ major benefits here too!!
MO go...........
Equity Research on Altria Group Inc. and Reynolds American Inc. - Tobacco Industry Continues to See Profits Despite Drop in Cigarette Sales Volume
11/02 09:10 AM
JOHANNESBURG, SOUTH AFRICA -- (MARKET WIRE) -- 11/02/10 -- www.stockcall.com/ offers investors comprehensive research on the cigarettes industry and has completed analytical research on Altria Group Inc. (MO:$25.3700,$0.0000,0.00%) and Reynolds American Inc. (RAI:$64.7200,$0.0000,0.00%) . Register with us today at www.stockcall.com/ to have free access to these researches.
Some of the larger cigarette makers have recently posted strong quarterly results, despite a myriad of negative influences on the industry. Higher taxes and smoking bans in bars, restaurants and some outdoor locations, along with social pressures, have decreased tobacco sales volumes. Register now at https://stockcall.com/development/stockcall/page.php?name=register.html to have free access to our reports on the cigarettes industry.
www.stockcall.com/ is an online platform where investors doing their due-diligence on the cigarettes industry can have easy and free access to our analyst research and opinions on Altria Group Inc. (MO:$25.3700,$0.0000,0.00%) and Reynolds American Inc. (RAI:$64.7200,$0.0000,0.00%) ; investors and shareholders of these companies can simply register for a complimentary membership at
https://stockcall.com/development/stockcall/page.php?name=register.html
Those posting profits have done so by offsetting volume decreases with price increases and product diversification. Some companies like Altria Group Inc. (MO:$25.3700,$0.0000,0.00%) and Reynolds American Inc. (RAI:$64.7200,$0.0000,0.00%) are now focusing and expanding on their smokeless tobacco lines and are having some success in the area. Others are increasing advertizing and are paying particular attention to product visibility in stores.
Altria Group Inc. (MO:$25.3700,$0.0000,0.00%) and Reynolds American Inc. (RAI:$64.7200,$0.0000,0.00%) research reports are accessible for free by registering today at
www.stockcall.com/MO021110.pdf or www.stockcall.com/RAI021110.pdf.
The smokeless tobacco area of companies in the industry which has recently grown at a far greater rate than that of conventional cigarettes is seen as an essential division for future success. Some companies like Reynolds have also started focusing on key brands, and have shut down some cigarette production facilities. Visit www.stockcall.com/ to see how companies in this industry have grown over the past years and how they are expected to perform in the future.
In order to remain profitable cigarette makers will have to continue finding alternative means of revenue as cigarette sales continue to drop.
About StockCall.com
StockCall.com is a financial website where investors can have easy, precise and comprehensive research and opinions on stocks making the headlines.
Contact Person:
William T. Knight
stockcall2010@gmail.com
MO
PM
RAI
VGR
Top 4 Tobacco Stocks: Which Are Poised to Catch Fire?
at TheStreet.com Mon 9:21AM EDT
VGR ~~ then entire sector is on (has been) fire !
Smokin' !!!!!
Investors Eye Earnings In High-Yield Tobacco Space (PM, RAI, VGR, MO, LO, UVV)
http://www.tickerspy.com/newswire/?p=3425
$$$$$$$$$$$$$$$$
Pricing power in a (presumed) depressed category ~~~ can you say ~~~ Cha---ching !!!
Philip Morris, Reynolds show pricing power
10/21 10:05 AM
* Philip Morris (PM:$57.4000,$-0.0800,-0.14%) Q3 EPS $1 vs Wall Street view $1.02
* Reynolds EPS $1.35 ex-items vs Street view $1.34
* Philip Morris (PM:$57.4000,$-0.0800,-0.14%) speeds up share repurchase
* Philip Morris (PM:$57.4000,$-0.0800,-0.14%) , Reynolds' shares down in early trading
By Jon Lentz and Brad Dorfman
NEW YORK/CHICAGO, Oct 21 (Reuters) - Two of the world's largest tobacco companies posted quarterly earnings that showed smokers were willing to accept price increases as they faced paying higher taxes in many markets.
Reynolds American Inc (RAI:$62.421,0$-0.5790,-0.92%) , the second-largest U.S. tobacco company, on Thursday said its earnings beat analysts' expectations and it raised the low end of its full-year earnings forecast. Philip Morris International Inc (PM:$57.4000,$-0.0800,-0.14%) raised its full-year forecast and said it would boost its 2010 share repurchases by $1 billion.
Philip Morris' (PM:$57.4000,$-0.0800,-0.14%) stock was pressured as third-quarter earnings fell short of analyst expectations, hurt by weak shipments to Japan, where customers built up more inventory in the second quarter ahead of a major tax increase.
"The conclusion that you can draw is that in most markets, the ability to raise prices at a faster rate than consumption ... is intact," Morningstar analyst Philip Gorham said of Philip Morris (PM:$57.4000,$-0.0800,-0.14%) , adding that the company still must work through "some really egregious tax increases" in countries such as Greece.
Investors count on tobacco companies to produce a steady stream of cash, despite the tax increases and a halting economic recovery in the United States and elsewhere.
Both Philip Morris (PM:$57.4000,$-0.0800,-0.14%) and Reynolds, as well as top U.S. cigarette maker Altria Group Inc (MO:$24.9800,$0.0600,0.24%) , have raised dividends in recent weeks. Altria (MO:$24.9800,$0.0600,0.24%) on Wednesday posted better-than- expected earnings as its Marlboro cigarettes gained market share. [ID:nN20192147]
Philip Morris' (PM:$57.4000,$-0.0800,-0.14%) shares fell 1.1 percent, or 71 cents, to $56.77, while Reynolds' shares were down 60 cents, or nearly 1 percent, at $62.40, both in early New York Stock Exchange trading. Altria (MO:$24.9800,$0.0600,0.24%) gained 4 cents to $24.96, also on the NYSE.
FORECASTS RAISED
Philip Morris (PM:$57.4000,$-0.0800,-0.14%) said profit was $1.82 billion, or 99 cents per share in the third quarter, compared with $1.80 billion, or 93 cents per share, a year earlier.
Excluding one-time items, earnings were $1.00 a share, 2 cents below the analysts' average forecast, according to Thomson Reuters I/B/E/S.
Philip Morris (PM:$57.4000,$-0.0800,-0.14%) raised its full-year profit forecast to $3.90 to $3.95 a share, compared with the $3.75 to $3.85 it forecast last quarter.
The company shipped 229.21 billion cigarettes in the third quarter, up 4.5 percent from a year earlier.
The company also said it would move an additional $1 billion of share repurchases into 2010 and will repurchase about $5 billion for the year.
Reynolds, which makes Camel cigarettes and Grizzly smokeless tobacco, said profit was $381 million, or $1.30 per share in the quarter, compared with $362 million, or $1.24 per share, a year earlier.
Excluding one-time items, earnings were $1.35 a share, a penny above the average analyst estimate, according to Thomson Reuters I/B/E/S.
Reynolds expects full-year earnings per share, excluding one-time items, of $4.95 to $5.05, narrowed from a previous forecast of $4.90 to $5.05.
The company shipped 20.1 billion cigarettes in the quarter, down 2.6 percent from a year earlier.
(Reporting by Jon Lentz and Brad Dorfman; Editing by Maureen Bavdek)
Another "BIG" win for the entire sector ~~~
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=55597196
RAI ~~ Here is the date info:
Reynolds American ups dividend, names CEO 10/15 09:18 AM
NEW YORK (MarketWatch) -- Reynolds American Inc. (RAI:$59.9700,$0.2100,0.35%) on Friday said Chairman and CEO Susan Ivey plans to retire in 2011. The Winston-Salem tobacco company named Daniel Delen as CEO-elect.
Delen has been CEO of R.J. Reynolds Tobacco Co. (RAI:$59.9700,$0.2100,0.35%) Reynolds American (RAI:$59.9700,$0.2100,0.35%) named a non-executive chairman, Thomas Wajnert.
Reynolds will pay out a 2-for-1 stock split to shareholders of record as of Nov. 1, to be issued on Nov. 15. On a split-adjusted basis, Reynolds will boost its quarterly dividend to 49 cents a share, from 45 cents a share. The dividend is payable on Jan. 3.
Hollywood Turns to Electronic Cigarettes 10/12 08:45 AM
PHILADELPHIA, Oct. 12 /PRNewswire/ -- Recently, a number of famous actors have been spotted smoking vapor cigarettes, showing the trend among the Hollywood set is growing. While nobody wants to be addicted to anything, Hollywood celebrities are clearly showing a preference for the electronic cigarette as a better alternative primarily because there is no smoke or tar in electronic cigarettes.
This trend echoes what is a growing chorus from former smokers now turned electronic smokers. "Hollywood loves smoking," says celebrity insider Mimi LaTelle. "But in general, celebrities are very health-conscious and they also don't like the stigma or the smell that goes along with traditional cigarettes so in the past most celebrities were in the closet about smoking, but we are seeing more and more celebrities come out and tout the benefits of electronic cigarettes publicly."
Electronic cigarettes warm liquid nicotine and emit water vapor through an atomizer that is infused with nicotine and flavoring. There is no need for a lighter as there is no smoke or tar. E-cig smokers exhale the vapor that is visible for a split second before evaporating in the air; that is why electronic cigarette smoking is often referred to as vaping.
Electronic cigarettes have been on the market for years; however, it has not been until recently that the technology has matured to the point where the taste, flavor and smoking experience closely replicates the experience of smoking a traditional combustible tobacco cigarette.
Learn more at: http://www.smoketip.com/
Contact:
Kristi Anderson
571-776-5384
This press release was issued through eReleases(R). For more information, visit eReleases Press Release Distribution at http://www.ereleases.com.
SOURCE SmokeTip.com
Altria Group Inc sets a new 52-week high 10/08 10:04 AM
Altria Group Inc (MO:$24.625,0$0.0550,0.22%) crossed above its 52-week high of $24.70 on 10:04 AM ET on October 08, 2010.
I really screwed up ..... bought 500 shares on "ex-div" date ---- had my excel spreadsheet date formula(s) set incorrectly.
It had happened to me on HTS several weeks earlier and I thought it was just an oversight ---- but, after seeing the VGR buy, I then realized it was miscalculating.
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=54405770&txt2find=vgr
DRATS.....that one hurts because of the 5% extra shares ----
CONGRATS to you though !!!!!
<< MO been on a real roll ---- almost new 52-Wk. highs hit every week >>
Found another 37 shares in my account today. Haven't updated in quite awhile. Cost basis dropped a buck also. :~)
Philip Morris International Inc sets a new 52-week high 09/03 12:48 PM
Philip Morris International Inc (PM:$53.9399,$0.6499,1.22%) crossed above its 52-week high of $53.91 on 12:48 PM ET on September 03, 2010.
~~~>>>> Man, PM, MO, VGR, RAI, LOR ~~~ tobacco sector is HOT !!!
VGR ~~ Darn, I just cannot find a window to get back into this !!! << going to have to pay much more >>
Vector Group Declares Quarterly Cash Dividend
Grants Stockholders Additional 5% Stock Dividend 09/02 04:21 PM
MIAMI--(BUSINESS WIRE)-- Vector Group Ltd. (VGR:$19.4901,$0.2401,1.25%) 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%. Both the quarterly cash and the annual stock dividends are payable on September 29, 2010 to holders of record as of September 16, 2010.
Vector Group (VGR:$19.4901,$0.2401,1.25%) is a holding company that indirectly owns Liggett Group LLC and Vector Tobacco Inc. and directly owns New Valley LLC. Additional information concerning the company is available on the company’s website, www.VectorGroupLtd.com.
Source: Vector Group Ltd. (VGR:$19.4901,$0.2401,1.25%)
Vector Group Declares Quarterly Cash Dividend
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. The dividend is payable on March 30, 2010 to holders of record as of March 19, 2010.
260,335 more. I guess 20,000 wasn't quite enough........
http://secfilings.nasdaq.com/filingFrameset.asp?FileName=0001209191%2D10%2D003572%2Etxt&FilePath=%5C2010%5C01%5C19%5C&CoName=VECTOR+GROUP+LTD&FormType=4&RcvdDate=1%2F19%2F2010&pdf=
Nice VGR insider purchase
Wed 10:34am VGR
Alpha Natural Resources Director Sells $2.2M Worth
TheStreet.com
I love this stock ---- the quarterly/annual divvy's relieve a lot of stress on price appreciation.
HNY !!!!
'nother 13 shares. :~)
MilEZ of smilEZ !!
Vector Group Declares Quarterly Cash Dividend 12/07 10:33 AM
MIAMI--(BUSINESS WIRE)-- Vector Group Ltd. (VGR:$14.42,00$0.18,001.26%) today announced that it has declared a regular quarterly cash dividend on its common stock of $0.40 per share. The dividend is payable on December 30, 2009 to holders of record as of December 18, 2009.
Vector Group (VGR:$14.42,00$0.18,001.26%) is a holding company that indirectly owns Liggett Group LLC and Vector Tobacco Inc. and directly owns New Valley LLC. Additional information concerning the company is available on the company's website, www.VectorGroupLtd.com.
Source: Vector Group Ltd. (VGR:$14.42,00$0.18,001.26%)
Vector Group Declares Quarterly Cash Dividend
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. The dividend is payable on December 30, 2009 to holders of record as of December 18, 2009.
Vector Group is a holding company that indirectly owns Liggett Group LLC and Vector Tobacco Inc. and directly owns New Valley LLC. Additional information concerning the company is available on the company’s
Mo-Money! These quarters are flyin' by!
Congrats! Hoping mine will double on their own. A few DRIP's at a time. Got 38 last quarter. :~)
doubled down on VGR shares @ 13.81 ---- now holding for
a long time w/ a PHAT dividend every quarter !
Sweeeeett!!
Mon 4:42pm VGR
Vector Group Reports Third Quarter 2009 Financial Results
Business Wire
CANUCK tobacco whores!!
Ontario files C$50 bln suit vs tobacco companies 09/29 02:12 PM
* Ontario lawsuit seeks C$50 bln in healthcare costs
* Splits liability among tobacco companies by market share
* Becomes the 3rd Canadian province to sue Big Tobacco
(Adds comment from Imperial Tobacco (ITYBF:$28.9500,$0.0000,0.00%) , opponents)
By Andrea Hopkins
TORONTO, Sept 29 (Reuters) - The Canadian province of Ontario said on Tuesday it has filed a lawsuit seeking C$50 billion ($45.9 billion) in damages from tobacco companies for healthcare costs incurred by taxpayers since 1955.
In doing so, Ontario became the third of Canada's 10 provinces to sue the country's tobacco manufacturers, all of which are units of foreign tobacco makers, including Philip Morris International Inc (PM:$48.73,00$0.71,001.48%) , British American Tobacco (BTI:$63.261,0$0.291,00.46%) and Japan Tobacco Inc (JAPAF:$2,850.0000,$0.0000,0.00%) .
The lawsuit by Ontario, Canada's most populous province, was planned under legislation passed by its Legislature earlier this year, and seeks damages for past and ongoing healthcare costs.
Ontario says tobacco use costs the province C$1.6 billion a year for healthcare and causes about 13,000 deaths annually. It said smoking is the province's No. 1 cause of illness and premature death.
The legislation allows Ontario to directly sue tobacco companies for alleged wrongdoing and allocates liability among tobacco companies by market share.
A spokesman for Imperial Tobacco Canada Ltd, Canada's leading tobacco company and a wholly owned unit of British American Tobacco (BTI:$63.261,0$0.291,00.46%) , said the Ontario lawsuit made no sense, given that the product is legal, regulated, and taxed by the government.
"It's a little bit hypocritical to sue the legal tobacco manufacturers when the governments have been a partner of the industry for many decades now," spokesman Eric Gagnon said.
"They are the ones that legislate the industry. We operate, we do a legal product. (They also) collect billions of dollars in taxes, so to turn around today and sue the legal industry makes no sense whatsoever," Gagnon said.
He said Canadian governments collected C$7 billion in taxes from tobacco in fiscal 2008-09, which ended in March. He said taxes make up 60 percent to 70 percent of the price of a pack of cigarettes in Canada.
Tobacco opponents applauded the long-awaited lawsuit.
"We're very pleased by this announcement -- it is very significant. The tobacco industry has been engaged in decades of wrongful behavior in Ontario and Canada and they need to be held to account," said Rob Cunningham, senior policy analyst at the Canadian Cancer Society.
"We see these lawsuits as being important to reform tobacco industry behavior so they will not repeat the wrongs of the past. It is a question of justice," Cunningham said.
The provinces of British Columbia and New Brunswick have already launched similar suits -- British Columbia has a 2011 trial date -- but the move by Ontario is significant because most provinces are preparing similar suits, Cunningham said.
"Ontario being most populous province I think is going to influence the actions of the other provinces," he said.
All but two provinces have created legislation to lay the groundwork for similar lawsuits.
After years of battling lawsuits, Big Tobacco in 1998 agreed to pay U.S. states more than $200 billion to help pay for the costs of treating ailing smokers.
The Ontario case is expected to take years to resolve. Gagnon said Imperial Tobacco (ITYBF:$28.9500,$0.0000,0.00%) would not settle the Ontario case out of court.
($1=$1.09 Canadian)
(Additional reporting by Brad Dorfman in Chicago and Julie Crust in London)
(Reporting by Frank McGurty and Andrea Hopkins; editing by Peter Galloway)
Today, as a VGR holder, is like having a SECOND BIRTHDAY each year!!!
Congrats!!!!
Got it set up for reinvestment. Should get about 35 freebies.
PAYDAY coming
Vector Group Declares Quarterly Cash Dividend
Grants Stockholders Additional 5% Stock Dividend 09/08 05:54 PM
MIAMI--(BUSINESS WIRE)-- Vector Group Ltd. (VGR:$15.42,00$0.00,000.00%) 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%. Both the quarterly cash and the annual stock dividends are payable on September 29, 2009 to holders of record as of September 18, 2009.
Vector Group (VGR:$15.42,00$0.00,000.00%) is a holding company that indirectly owns Liggett Group LLC and Vector Tobacco Inc. and directly owns New Valley LLC. Additional information concerning the company is available on the company’s website, www.VectorGroupLtd.com.
Source: Vector Group Ltd. (VGR:$15.42,00$0.00,000.00%)
And, when you weigh price appreciation, dividend yield & Q3 "5% dividend shares" ~~~ VGR may, in fact, be the "BELL or the BALL"
==================================================
Cigarettes: The "Armageddon Trade"
Posted: Sep 16, 2009 13:26 PM by Joey Fundora
http://stocks.investopedia.com/stock-analysis/cotd/PM20090914.aspx?partner=YahooSA
Excellent ----- Congrats!!!
It's just a nice little kitty to let sit and grow year after year ---- and this quarter (with the extra 5% shares) is just the sweetest one!!
Party On Garth!!!
Grabbed a few more for Friday's bonus. :~)
Cash and stock... Nice. That's like an instant 7.5% gain on new shares purchased by the 18th.... Hmmmm? :~)
PAYDAY!! ~~~ "BIG" payday
Vector Group Declares Quarterly Cash Dividend
Grants Stockholders Additional 5% Stock Dividend
Press Release
Source: Vector Group Ltd.
On Tuesday September 8, 2009, 5:54 pm EDT
Companies:Vector Group Ltd.
MIAMI--(BUSINESS WIRE)--Vector Group Ltd. (NYSE: VGR - News) 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%. Both the quarterly cash and the annual stock dividends are payable on September 29, 2009 to holders of record as of September 18, 2009.
Vector Group is a holding company that indirectly owns Liggett Group LLC and Vector Tobacco Inc. and directly owns New Valley LLC. Additional information concerning the company is available on the company’s website, www.VectorGroupLtd.com.
Major cigarette makers sue over new tobacco law
R.J. Reynolds, Lorillard sue US government to block marketing rules in new tobacco law
By Michael Felberbaum, AP Business Writer
On Monday August 31, 2009, 6:39 pm EDT
RICHMOND, Virginia (AP) -- Two of the three largest U.S. tobacco companies filed suit Monday to block marketing restrictions in a law that gives the U.S. Food and Drug Administration authority over tobacco, claiming the provisions violate their right to free speech.
R.J. Reynolds Tobacco Co., maker of Camel cigarettes, and Lorillard Inc., which sells the Newport menthol brand, filed the federal lawsuit with several other tobacco companies.
It is the first major challenge of the legislation passed and enacted in June, and a lawyer for tobacco consumers doubted the lawsuit will be successful.
The tobacco makers claim provisions of the law "severely restrict the few remaining channels we have to communicate with adult tobacco consumers," Martin L. Holton III, senior vice president and general counsel for Reynolds, said in a statement.
The Family Smoking Prevention and Tobacco Control Act gives the FDA authority over tobacco for the first time and lets the agency reduce nicotine in tobacco products, ban candy flavorings and block labels such "low tar" and "light." Tobacco companies also must put large graphic warnings over any carton images.
The companies say in their lawsuit that the law, which takes full effect in three years, prohibits them from using "color lettering, trademarks, logos or any other imagery in most advertisements, including virtually all point-of-sale and direct-mail advertisements." The complaint also says the law prohibits tobacco companies from "making truthful statements about their products in scientific, public policy and political debates."
The tobacco makers say the newly mandated health warnings for cigarettes would relegate the companies' branding to the bottom half of the cigarette packaging, making it "difficult, if not impossible, to see."
The lawsuit doesn't challenge the decision to give the FDA authority over tobacco products, and Reynolds spokesman David Howard said the company opposes only portions of the law.
Joining in the suit filed in U.S. District Court in Bowling Green, Kentucky, are: National Tobacco Co., Discount Tobacco City & Lottery Inc., and Kentucky-based Commonwealth Brands, which is owned by Britain's Imperial Tobacco Group PLC.
"We believe that many of the provisions within the Act violate our constitutional rights and are not reasonably related to the goal of reducing youth access to tobacco products," Jonathan Cox, president and chief executive of Commonwealth Brands, said in a statement.
Floyd Abrams, a lawyer representing Lorillard in the case, said he was confident the suit would be successful.
"Some of these regulations go so far in the direction of stifling the entirely lawful speech of Lorillard to its customers that it violates the First Amendment," he said.
FDA spokeswoman Kathleen Quinn said the agency does not comment on pending litigation.
The tobacco makers name the FDA, the government and individual officials as defendants in the lawsuit, which seeks to put portions of the law on hold while the case is heard. Ultimately, they want the marketing provisions stripped from the law.
"My expectation is that this lawsuit will be ultimately unsuccessful," said Ed Sweda, a lawyer for the Tobacco Products Liability Project in Boston, pointing to previous laws limiting cigarette advertising and marketing that have been in place for more than 40 years.
The law doesn't let the FDA ban nicotine or tobacco, but the agency will be able to regulate what goes into tobacco products, publicize those ingredients and prohibit certain marketing campaigns, especially those geared toward children.
Richmond, Virginia-based Altria Group Inc., parent company of the nation's largest tobacco maker, Philip Morris USA, supported the bill, saying the company backs tough but fair regulation.
Altria's chief rivals -- No. 2 Reynolds American Inc., parent company of R.J. Reynolds, and No. 3 Lorillard, both based in North Carolina -- opposed the bill, saying FDA restrictions on new products would lock in Altria's share of the market. Altria's brands include Marlboro, which held a 41.2 percent share of the U.S. cigarette market in the second quarter, according to data from Information Resources Inc.
Altria spokesman David Sylvia said the company has not yet reviewed the lawsuit and would not comment.
AP Business Writers Matthew Perrone in Washington and Vinnee Tong in New York contributed to this report.
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