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Vector Group Ltd

Vector Group Ltd (VGR) is a publicly traded company listed on the New York Stock Exchange (NYSE). The company operates in two main business segments: Tobacco and Real Estate.

In the Tobacco segment, Vector Group's subsidiary, Liggett Group, LLC, manufactures and markets a variety of tobacco products, including cigarettes and smokeless tobacco. Some of the well-known brands in its portfolio include Liggett Select, Eve, Grand Prix, and Pall Mall.

In the Real Estate segment, Vector Group operates through its subsidiary, New Valley LLC, which acquires, develops, and manages residential and commercial properties, primarily in New York City.

Vector Group's financial performance has been mixed in recent years. The company's revenue has decreased from $2.3 billion in 2017 to $2.1 billion in 2020, while its net income has fluctuated between $182.5 million in 2017 and $25.2 million in 2020. However, the company has maintained a strong commitment to returning value to its shareholders, having paid dividends consistently since 2007.

It is important to note that investing in the stock market always carries risks, and potential investors should conduct their own research and consult with a financial advisor before making any investment decisions.