Universal Corporation Announces Quarterly Dividend

Rhea-AI Summary

On August 4, 2021, Universal Corporation (NYSE: UVV) announced a quarterly dividend of $0.78 per share, payable on November 1, 2021. Shareholders must be on record by October 11, 2021 to receive this dividend. The company, a leader in leaf tobacco supply with over $2.0 billion in revenue for the fiscal year ending March 31, 2021, operates in over 30 countries, providing both tobacco and plant-based ingredients. Universal Corporation aims to meet customer needs innovatively, continuing its century-long tradition.

Positive

• Declared a quarterly dividend of $0.78 per share, enhancing shareholder income.
• Strong revenue of $2.0 billion for the fiscal year ending March 31, 2021, indicating solid financial performance.

Negative

• None.

RICHMOND, Va., Aug. 4, 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-eight cents ($0.78) per share on the common shares of the Company, payable November 1, 2021, to common shareholders of record at the close of business on October 11, 2021.  

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, that sources and processes 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 a variety of value-added manufacturing processes to produce high-quality, specialty vegetable- and fruit-based ingredients for the 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, 2021, were $2.0 billion. Visit www.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 declared by Universal Corporation (UVV)?

Universal Corporation declared a quarterly dividend of $0.78 per share.

When is the dividend payable for Universal Corporation (UVV)?

The dividend is payable on November 1, 2021.

What is the record date for Universal Corporation's dividend?

The record date is October 11, 2021.

How much revenue did Universal Corporation (UVV) report for the fiscal year 2021?

The company reported revenues of $2.0 billion for the fiscal year ending March 31, 2021.