SPRINGFIELD, N.J., Dec. 7, 2007 (PRIME NEWSWIRE) -- The Board of Directors of Village Super Market, Inc. (Nasdaq:VLGEA) declared a 12% increase in the quarterly cash dividend. The increased quarterly cash dividend is $.28 per Class A common share and $.182 per Class B common share. The dividends will be payable on January 24, 2008 to shareholders of record at the close of business on December 27, 2007.
Village Super Market operates a chain of 25 supermarkets under the ShopRite name in New Jersey and eastern Pennsylvania.