Vector Group Ltd. (NYSE:VGR)

CAPS Rating: 3 out of 5

A holding company which is engaged in the manufacture and sale of cigarettes in the U.S., development and marketing of the low nicotine and nicotine-free QUEST cigarette products and real estate business through its subsidiaries.


Player Avatar stjoe56 (82.54) Submitted: 1/2/2007 5:24:31 PM : Underperform Start Price: $8.57 VGR Score: -107.68

As I read the financials, it is paying the dividend with borrowed money.

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Member Avatar bizcardnut07 (< 20) Submitted: 10/17/2007 11:16:44 AM
Recs: 2

Did you also look at the Statement of Cash Flows for the last quarter? Generated $57 Million in 1st half of the year. Net cash decreased by $20 million but repayments of debt were $38 million ($3 million in the first six months of last year).

Member Avatar JPAKolypse86 (< 20) Submitted: 8/22/2011 8:50:26 PM
Recs: 1

They haven't missed a dividend payment since they went public in 1988

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