Universal Corporation (NYSE:UVV) to Issue $0.82 Quarterly Dividend

Universal Corporation (NYSE:UVV) announced a quarterly dividend on Wednesday, February 4th. Investors of record on Wednesday, April 15th will be paid a dividend of 0.82 per share on Monday, May 4th. This represents a c) dividend on an annualized basis and a yield of 5.6%. The ex-dividend date is Wednesday, April 15th.

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

Universal Trading Up 1.0%

NYSE UVV opened at $58.87 on Thursday. The company has a debt-to-equity ratio of 0.41, a current ratio of 2.70 and a quick ratio of 1.06. The company has a market cap of $1.47 billion, a P/E ratio of 13.26, a P/E/G ratio of 3.07 and a beta of 0.66. The company has a 50-day moving average of $54.10 and a 200-day moving average of $54.07. Universal has a 12 month low of $49.96 and a 12 month high of $67.33.

Universal (NYSE:UVV) last released its quarterly earnings data on Wednesday, November 5th. The company reported $1.36 EPS for the quarter, topping analysts’ consensus estimates of $1.18 by $0.18. Universal had a return on equity of 8.24% and a net margin of 3.74%.The company had revenue of $754.18 million for the quarter, compared to the consensus estimate of $704.30 million.

About Universal

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.