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Vector Group (Vector Group) Dividend Payout Ratio

: 0.56 (As of Dec. 2023)
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Vector Group's dividend payout ratio for the months ended in Dec. 2023 was 0.56.

The historical rank and industry rank for Vector Group's Dividend Payout Ratio or its related term are showing as below:

VGR' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.65   Med: 2.76   Max: 7.94
Current: 0.65


During the past 13 years, the highest Dividend Payout Ratio of Vector Group was 7.94. The lowest was 0.65. And the median was 2.76.

VGR's Dividend Payout Ratio is ranked better than
50% of 28 companies
in the Tobacco Products industry
Industry Median: 0.65 vs VGR: 0.65

As of today (2024-04-19), the Dividend Yield % of Vector Group is 7.84%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Vector Group was 24.64%. The lowest was 5.56%. And the median was 10.03%.

Vector Group's Dividends per Share for the months ended in Dec. 2023 was $0.20.

During the past 5 years, the average Dividends Per Share Growth Rate was -13.30% per year. During the past 10 years, the average Dividends Per Share Growth Rate was -5.10% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Vector Group was 81.70% per year. The lowest was -19.70% per year. And the median was 5.00% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.


Vector Group Dividend Payout Ratio Historical Data

The historical data trend for Vector Group's Dividend Payout Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Vector Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Dividend Payout Ratio
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 3.56 0.94 0.81 0.77 0.65

Vector Group Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Dividend Payout Ratio Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.65 0.90 0.63 0.61 0.56

Competitive Comparison

For the Tobacco subindustry, Vector Group's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Vector Group Dividend Payout Ratio Distribution

For the Tobacco Products industry and Consumer Defensive sector, Vector Group's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Vector Group's Dividend Payout Ratio falls into.



Vector Group Dividend Payout Ratio Calculation

Dividend payout ratio measures the percentage of the company's earnings paid out as dividends.

Vector Group's Dividend Payout Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Dividend Payout Ratio=Dividends per Share (A: Dec. 2023 )/ EPS without NRI (A: Dec. 2023 )
=0.8/ 1.23
=0.65

Vector Group's Dividend Payout Ratio for the quarter that ended in Dec. 2023 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Dec. 2023 )/ EPS without NRI (Q: Dec. 2023 )
=0.2/ 0.36
=0.56

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Vector Group (NYSE:VGR) Dividend Payout Ratio Explanation

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.


Vector Group Dividend Payout Ratio Related Terms

Thank you for viewing the detailed overview of Vector Group's Dividend Payout Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Vector Group (Vector Group) Business Description

Traded in Other Exchanges
Address
4400 Biscayne Boulevard, 10th Floor, Miami, FL, USA, 33137
Vector Group Ltd is a holding company whose subsidiaries--Liggett Group, Vector Tobacco, and New Valley-- primarily sell tobacco products and invest in real estate. The Liggett Group and Vector Tobacco subsidiaries sell cigarettes, primarily in the discount segment, in the United States under brand names Eagle 20's, Pyramid, Grand Prix, Liggett Select, and Eve. New Valley, through its majority ownership in Douglas Elliman Realty, invests in real estate worldwide. It also operates the largest residential brokerage company in the New York City area and has additional operations in South Florida, Beverly Hills, Aspen, and Connecticut. Tobacco accounts for more than half of total company revenue; real estate makes up the remainder.
Executives
Bennett S Lebow director 4400 BISCAYNE BLVD, 10TH FLOOR, MIAMI FL 33137
Kirkland J Bryant Iii officer: VP, Treasurer & CFO 4400 BISCAYNE BLVD, 10TH FLOOR, MIAMI FL 33137
Richard Lampen officer: EVP 4400 BISCAYNE BLVD.; 10TH FLOOR, MIAMI FL 33137
Ronald J Bernstein director, officer: President Subsidiary 4400 BISCAYNE BLVD, 10TH FLOOR, MIAMI FL 33137
Paul V Carlucci director 4400 BISCAYNE BLVD, C/O VECTOR GROUP LTD., MIAMI FL 33137
Wilson White director C/O VECTOR GROUP LTD, 4400 BISCAYNE BLVD; 10TH FLOOR, MIAMI FL 33137
James D Ballard officer: See Remarks 4400 BISCAYNE BLVD., TENTH FLOOR, MIAMI FL 33137
Nicholas P Anson officer: President Subsidiary C/0 LIGGETT VECTOR BRANDS LLC, 3800 PARAMOUNT PARKWAY, MORRISVILLE NC 27560
Frost Phillip Md Et Al 10 percent owner 4400 BISCAYNE BLVD, MIAMI FL 33137-3227
Howard M Lorber director, officer: President and CEO 4400 BISCAYNE BLVD, 10TH FLOOR, MIAMI FL 33137
Barry Watkins director 4400 BISCAYNE BLVD, C/O VECTOR GROUP LTD., MIAMI FL 33137
Jeffrey Podell director 7338 FLORANADA WAY, DELRAY BEACH FL 33446
Henry C Beinstein director 8 DOGWOOD LANE, LARCHMONT NY 10538-3418
Stanley Samuel Arkin director 750 LEXINGTON AVENUE, FLOOR 25, NEW YORK NY 10022
Jean E Sharpe director

Vector Group (Vector Group) Headlines

From GuruFocus

Vector Group Declares Quarterly Cash Dividend

By Business Wire 08-22-2023

Douglas Elliman Registration Statement Declared Effective

By Business Wire Business Wire 12-16-2021

Douglas Elliman Lists on the NYSE Under the Ticker Symbol "DOUG"

By Business Wire Business Wire 12-30-2021

Vector Group to Host Second Quarter 2022 Results Conference Call

By Business Wire Business Wire 07-29-2022

Vector Group Declares Quarterly Cash Dividend

By Business Wire Business Wire 08-23-2021

Vector Group to Host Third Quarter 2021 Results Conference Call

By Business Wire Business Wire 11-01-2021

Vector Group Ltd. Board Approves Spin-Off of Douglas Elliman Inc.

By Business Wire Business Wire 12-10-2021