SPRINGFIELD, N.J., Sept. 12, 2008 (GLOBE NEWSWIRE) -- The Board of Directors of Village Super Market, Inc. (Nasdaq:VLGEA) declared a 10% increase in the quarterly cash dividend. The increased quarterly cash dividend is $.33 per Class A common share and $.215 per Class B common share. The dividends will be payable on October 24, 2008 to shareholders of record at the close of business on October 10, 2008.
Village Super Market operates a chain of 25 supermarkets under the ShopRite name in New Jersey and eastern Pennsylvania.