SPRINGFIELD, N.J., June 13, 2008 (PRIME NEWSWIRE) -- The Board of Directors of Village Super Market, Inc. (Nasdaq:VLGEA) declared a 7% increase in the quarterly cash dividend. The increased quarterly cash dividend is $.30 per Class A common share and $.195 per Class B common share. The dividends will be payable on July 24, 2008 to shareholders of record at the close of business on July 2, 2008.
Village Super Market operates a chain of 25 supermarkets under the ShopRite name in New Jersey and eastern Pennsylvania.