Universal Corporation (UVV) To Go Ex-Dividend on July 13th

Universal Corporation (NYSE:UVV) declared a quarterly dividend on Tuesday, May 19th. Investors of record on Monday, July 13th will be paid a dividend of 0.83 per share on Monday, August 3rd. This represents a c) annualized dividend and a yield of 6.1%. The ex-dividend date of this dividend is Monday, July 13th. This is a 1.2% increase from Universal’s previous quarterly dividend of $0.82.

Universal has raised its dividend payment by an average of 0.0%annually over the last three years and has increased its dividend every year for the last 56 years.

Universal Stock Performance

Shares of UVV stock opened at $54.77 on Thursday. The stock has a fifty day moving average price of $52.90 and a 200 day moving average price of $53.40. The stock has a market cap of $1.36 billion, a PE ratio of 16.16, a P/E/G ratio of 3.09 and a beta of 0.61. Universal has a 1 year low of $49.96 and a 1 year high of $67.33. The company has a debt-to-equity ratio of 0.40, a quick ratio of 1.30 and a current ratio of 2.91.

Analyst Ratings Changes

Several brokerages recently issued reports on UVV. Weiss Ratings cut Universal from a “buy (b-)” rating to a “hold (c+)” rating in a report on Wednesday, May 13th. Zacks Research raised Universal from a “strong sell” rating to a “hold” rating in a research report on Monday, April 13th. Finally, Wall Street Zen downgraded Universal from a “buy” rating to a “hold” rating in a research report on Saturday, February 14th. Two analysts have rated the stock with a Hold rating, According to data from MarketBeat.com, Universal presently has an average rating of “Hold”.

Universal Company Profile

Universal Corporation (NYSE: UVV) is a global agribusiness company primarily engaged in the procurement, processing and sale of leaf tobacco. Headquartered in Richmond, Virginia, the company sources cured leaf tobacco from key growing regions in North and South America, Africa and Asia. Universal serves major multinational tobacco manufacturers by providing a full range of services including inventory management, quality control and logistics support to ensure a consistent and reliable supply of tobacco leaf.

In addition to its core leaf tobacco operations, Universal offers integrated supply-chain services that encompass warehousing, distribution and ingredient sourcing for smokeless and novel tobacco products.