Universal Co. (NYSE:UVV) declared a quarterly dividend on Tuesday, February 9th, Wall Street Journal reports. Stockholders of record on Monday, April 12th will be paid a dividend of 0.77 per share on Monday, May 3rd. This represents a $3.08 annualized dividend and a dividend yield of 5.26%. The ex-dividend date of this dividend is Friday, April 9th.
Universal has increased 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 stock’s 50-day moving average is $55.45 and its 200 day moving average is $48.59. The company has a market cap of $1.44 billion, a PE ratio of 25.93 and a beta of 0.69. The company has a debt-to-equity ratio of 0.29, a current ratio of 3.91 and a quick ratio of 1.45. Universal has a 1 year low of $38.82 and a 1 year high of $59.97.
In other news, insider Theodore G. Broome sold 5,000 shares of Universal stock in a transaction that occurred on Thursday, February 18th. The shares were sold at an average price of $51.68, for a total transaction of $258,400.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, VP Preston Douglas Wigner sold 2,500 shares of the business’s stock in a transaction that occurred on Thursday, February 18th. The stock was sold at an average price of $51.68, for a total value of $129,200.00. The disclosure for this sale can be found here. 2.30% of the stock is currently owned by corporate insiders.
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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