SPRINGFIELD, N.J., March 20, 2009 (GLOBE NEWSWIRE) -- The Board of Directors of Village Super Market, Inc. (Nasdaq:VLGEA) declared an 8% increase in the quarterly cash dividend. The increased quarterly cash dividends are $.20 per Class A common share and $.13 per Class B common share. The dividends will be payable on April 23, 2009 to shareholders of record at the close of business on April 2, 2009.
Village Super Market operates a chain of 25 supermarkets under the ShopRite name in New Jersey and eastern Pennsylvania.