Universal Co. (NYSE:UVV) announced a quarterly dividend on Tuesday, February 9th, Wall Street Journal reports. Investors of record on Monday, April 12th will be given a dividend of 0.77 per share on Monday, May 3rd. This represents a $3.08 annualized dividend and a yield of 5.26%. The ex-dividend date is Friday, April 9th.

Universal has raised its dividend payment by 41.7% over the last three years and has raised its dividend annually for the last 3 consecutive years.

Shares of NYSE UVV opened at $58.61 on Thursday. The company has a debt-to-equity ratio of 0.29, a current ratio of 3.91 and a quick ratio of 1.45. The company has a 50-day moving average price of $55.45 and a 200-day moving average price of $48.59. The stock has a market capitalization of $1.44 billion, a P/E ratio of 25.93 and a beta of 0.69. Universal has a 1 year low of $38.82 and a 1 year high of $59.97.

Universal (NYSE:UVV) last announced its quarterly earnings results on Monday, February 8th. The company reported $2.19 earnings per share for the quarter. The business had revenue of $672.93 million for the quarter. Universal had a net margin of 3.08% and a return on equity of 4.87%.

In other Universal news, VP Preston Douglas Wigner sold 2,500 shares of the stock in a transaction dated Thursday, February 18th. The shares were sold at an average price of $51.68, for a total value of $129,200.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Theodore G. Broome sold 5,000 shares of Universal stock in a transaction that occurred on Thursday, February 18th. The stock was sold at an average price of $51.68, for a total transaction of $258,400.00. The disclosure for this sale can be found here. Corporate insiders own 2.30% of the company’s stock.

Universal Company Profile

Universal Corporation supplies leaf tobacco products worldwide. The company operates through North America, South America, Africa, Europe, Asia, Dark Air-Cured, Oriental, and Special Services segments. It is involved in procuring, financing, processing, packing, storing, and shipping leaf tobacco for sale to manufacturers of consumer tobacco products.

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Dividend History for Universal (NYSE:UVV)

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