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.

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 execut

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