Bluegreen Vacations Declares First Quarter 2020 Dividend
25 January 2020 - 2:29AM
Business Wire
BBX Capital Corporation (NYSE: BBX) (OTCQX: BBXTB) ("BBX
Capital"), announced that Bluegreen Vacations Corporation (NYSE:
BXG), which is 90% owned by BBX Capital, issued the following press
release. Please see the Bluegreen press release below.
BBX Capital Corporation Investor Relations Contact: Leo
Hinkley, Managing Director, Investor Relations Officer Phone:
954-940-5300 Email: LHinkley@BBXCapital.com
----------
Bluegreen Vacations Declares First Quarter
2020 Dividend
BOCA RATON, FL – January 22, 2020 – 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 $0.13 per share. The dividend is
payable February 20, 2020 to shareholders of record as of the close
of trading on February 6, 2020.
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 popular leisure
and urban destinations. The Bluegreen Vacation Club is a flexible,
points-based vacation ownership plan with approximately 219,000
owners, 69 Club and Club Associate Resorts and access to nearly
11,400 other hotels and resorts through partnerships and exchange
networks as of September 30, 2019. Bluegreen Vacations also offers
a portfolio of fee-based resort management, financial, and sales
and marketing services, to or on behalf of third parties.
Approximately 90% of Bluegreen Vacations is 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 principal
investments include Bluegreen Vacations Corporation (NYSE: BXG),
BBX Capital Real Estate, Renin Holdings, and IT’SUGAR. For
additional information, please visit www.BBXCapital.com.
Forward-Looking
Statements:
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 of 1934, 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/20200124005324/en/
Bluegreen Vacations Corporation Investor Relations: Leo Hinkley
954-940-5336 Email: Leo.Hinkley@BluegreenVacations.com
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