Universal Corporation Announces Quarterly Dividend

Universal Corporation (NYSE: UVV) declared a quarterly dividend of $0.79 per share on August 3, 2022.

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Rhea-AI Summary

Universal Corporation (NYSE: UVV) declared a quarterly dividend of $0.79 per share on August 3, 2022. This dividend is payable on November 7, 2022, to shareholders recorded by the close of business on October 10, 2022. The company, headquartered in Richmond, Virginia, operates as a global supplier of agri-products, primarily focusing on tobacco and plant-based ingredients. With over 100 years of experience, Universal aims to leverage its sustainable supply chain and farmer base to meet customer needs.

Positive

Quarterly dividend of $0.79 announced, indicating stable cash flow and commitment to returning value to shareholders.

Negative

None.

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News Market Reaction – UVV

The recorded move for UVV in the trading session of this news was -4.56%.

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08/03/2022 - 04:15 PM

RICHMOND, Va., Aug. 3, 2022 /PRNewswire/ -- George C. Freeman, III, Chairman, President, and Chief Executive Officer of Universal Corporation (NYSE:UVV), announced today that the Company's Board of Directors declared a quarterly dividend of seventy-nine cents ($0.79) per share on the common shares of the Company, payable November 7, 2022, to common shareholders of record at the close of business on October 10, 2022.

Universal Corporation (NYSE: UVV), headquartered in Richmond, Virginia, is a global business-to-business agri-products supplier to consumer product manufacturers, operating in over 30 countries on five continents. We strive to be the supplier of choice for our customers by leveraging our farmer base, our commitment to a sustainable supply chain, and our ability to provide high-quality, customized, traceable, value-added agri-products essential for our customers' requirements. We find innovative solutions to serve our customers and have been meeting their agri-product needs for more than 100 years. Our principal focus since our founding in 1918 has been tobacco, and we are the leading global leaf tobacco supplier. Through our plant-based ingredients platform, we provide a variety of value-added manufacturing processes to produce high-quality, specialty vegetable- and fruit-based ingredients as well as botanical extracts and flavorings for the food and beverage end markets. For more information, visit www.universalcorp.com.

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SOURCE Universal Corporation

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What is the dividend amount declared by Universal Corporation (UVV)?

The declared quarterly dividend amount is $0.79 per share.

When will the dividend be payable to shareholders of UVV?

The dividend will be payable on November 7, 2022.

What is the record date for receiving the dividend from UVV?

The record date for the dividend is October 10, 2022.

How does Universal Corporation (UVV) ensure a sustainable supply chain?

Universal leverages its farmer base and innovative solutions to maintain a commitment to sustainability.

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Universal Corporation Announces Quarterly Dividend