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

Key Points

• Universal Corporation declared a quarterly dividend of $0.82 per share, with the payment scheduled for November 3rd to investors of record on October 13th.
• The company's shares traded up to $54.52, with a market capitalization of $1.35 billion and a price-to-earnings ratio of 14.42.
• Universal Corporation operates through two segments, Tobacco Operations and Ingredients Operations, focusing on processing and supplying leaf tobacco and plant-based ingredients globally.

Universal Corporation (NYSE:UVV - Get Free Report) declared a quarterly dividend on Wednesday, August 6th, RTT News reports. Investors of record on Monday, October 13th will be paid a dividend of 0.82 per share on Monday, November 3rd. This represents a c) annualized dividend and a yield of 6.0%.

Universal Price Performance

Shares of UVV traded up $0.53 during mid-day trading on Wednesday, hitting $54.52. 181,830 shares of the company traded hands, compared to its average volume of 214,790. The company has a current ratio of 2.87, a quick ratio of 1.55 and a debt-to-equity ratio of 0.41. The stock has a market capitalization of $1.35 billion, a price-to-earnings ratio of 14.42 and a beta of 0.74. The business has a 50-day moving average of $57.99 and a 200 day moving average of $55.79. Universal has a one year low of $49.40 and a one year high of $67.33.

Universal (NYSE:UVV - Get Free Report) last issued its quarterly earnings data on Wednesday, August 6th. The company reported $0.38 EPS for the quarter. Universal had a return on equity of 7.89% and a net margin of 3.22%.

About Universal

Universal Corporation processes and supplies leaf tobacco and plant-based ingredients worldwide. The company operates through two segments, Tobacco Operations; and Ingredients Operations. It is involved in the procuring, financing, processing, packing, storing, and shipping leaf tobacco for sale to manufacturers of consumer tobacco products.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.