Bluegreen Vacations Declares Third Quarter 2019 Dividend
July 30 2019 - 4:05PM
Business Wire
Bluegreen Vacations Corporation (NYSE: BXG) (“Bluegreen
Vacations” or “the Company”) announced today that its board of
directors declared a quarterly common stock cash dividend of $0.17
per share. The dividend is payable August 27, 2019 to shareholders
of record as of the close of trading on August 13, 2019.
About Bluegreen Vacations Corporation:
Bluegreen Vacations Corporation (NYSE: BXG) is a leading
vacation ownership company that markets and sells vacation
ownership interests (VOIs) and manages resorts in top leisure and
urban destinations. The Bluegreen Vacation Club is a flexible,
points-based, deeded vacation ownership plan with approximately
217,000 owners, 69 Club and Club Associate Resorts and access to
more than 11,000 other hotels and resorts through partnerships and
exchange networks as of March 31, 2019. Bluegreen Vacations also
offers a portfolio of comprehensive, fee-based resort management,
financial, and sales and marketing services, to or on behalf of
third parties. Bluegreen is approximately 90% owned by BBX Capital
Corporation (NYSE: BBX) (OTCQX: BBXTB), a diversified holding
company. For further information, visit
www.BluegreenVacations.com.
About BBX Capital Corporation:
BBX Capital Corporation (NYSE: BBX) (OTCQX: BBXTB), is a
Florida-based diversified holding company whose activities include
its 90% ownership interest in Bluegreen Vacations Corporation
(NYSE: BXG) as well as its real estate and middle market divisions.
For additional information, please visit www.BBXCapital.com.
Certain matters within this press release include
“forward–looking statements” within the meaning of Section 27A of
the Securities Act of 1933, as amended, and Section 21E of the
Securities Exchange Act of1934, as amended. Forward-looking
statements may involve known and unknown risks, uncertainties and
other factors that may cause the actual results or performance to
differ from those projected in the forward-looking statements,
including but not limited to, the risk that quarterly dividend
payments may not be declared at the current annualized amount, in
the future or on a regular basis, or as anticipated, if at all and
risks associated with the Company’s future progress and
performance. For a description of risks relating to the payment of
dividends as well as other risks and uncertainties, please review
the “Risk Factors” section and other information contained in the
Company’s Annual Report on Form 10-K for the year ended December
31, 2018, filed with the Securities and Exchange Commission, which
are available on the SEC's website, https://www.sec.gov,and on
Bluegreen’s website, www.bluegreenvacations.com
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version on businesswire.com: https://www.businesswire.com/news/home/20190730005950/en/
Bluegreen Vacations Corporation Investor Relations: Nikki Sacks,
203-682-8263 Evelyn Infurna, 203-682-8265 Email:
bluegreenvac@icrinc.com
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