Universal Corporation Announces Quarterly Dividend

Rhea-AI Summary

Universal Corporation (NYSE: UVV) announced a quarterly dividend of $0.77 per share, payable on May 3, 2021, to shareholders on record by April 12, 2021. This decision reflects the company's ongoing commitment to returning value to its shareholders. Headquartered in Richmond, Virginia, Universal specializes in sourcing, processing, and supplying leaf tobacco and plant-based ingredients. For the fiscal year ending March 31, 2020, the company reported revenues of $1.9 billion. The firm has been a leader in the leaf tobacco market since its inception in 1918.

Positive

• Declared quarterly dividend of $0.77 per share, rewarding shareholders.
• Strong revenue of $1.9 billion for the fiscal year ended March 31, 2020.

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• None.

RICHMOND, Va., Feb. 8, 2021 /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-seven cents ($0.77) per share on the common shares of the Company, payable May 3, 2021, to common shareholders of record at the close of business on April 12, 2021.  

Universal Corporation (NYSE: UVV), headquartered in Richmond, Virginia, is a global agri-products supplier, operating in over 30 countries on five continents, that sources, processes, and supplies leaf tobacco and plant-based ingredients.  Tobacco has been the Company's principal focus since its founding in 1918, and Universal is the leading global leaf tobacco supplier. Through the Company's plant-based ingredients platform, it provides high-quality, specialty vegetable- and fruit-based ingredients to food and beverage end markets.  Universal has been finding innovative solutions to serve its customers and meet their agri-product needs for more than 100 years.  The Company's revenues for the fiscal year ended March 31, 2020, were $1.9 billion.  Visit universalcorp.com for more information on Universal Corporation and the latest Company news.

 

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SOURCE Universal Corporation

FAQ

What is the dividend amount for Universal Corporation (UVV)?

Universal Corporation has declared a quarterly dividend of $0.77 per share.

When is the dividend payment date for UVV?

The dividend payment date is scheduled for May 3, 2021.

What is the record date for the dividend of Universal Corporation?

The record date for the dividend is April 12, 2021.

What were Universal Corporation's revenues for the last fiscal year?

The company reported revenues of $1.9 billion for the fiscal year ending March 31, 2020.

What market does Universal Corporation primarily operate in?

Universal Corporation is primarily focused on sourcing and supplying leaf tobacco and plant-based ingredients.