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Universal Increases Its Quarterly Cash Dividend From $0.82 To $0.83
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Universal Corporation (NYSE:UVV), a global business-to-business agriproducts company, announced today that its Board of Directors declared a quarterly dividend of eighty-three cents ($0.83) per share on the common shares of the Company, payable August 3, 2026, to shareholders of record at the close of business on July 13, 2026. This increase indicates an annualized rate of $3.32 per common share and a yield of approximately 6.1% based on the $54.46 per share closing price on May 18, 2026.

"On May 19, 2026, our Board of Directors declared an increase in quarterly dividend from $0.82 to $0.83 per share, marking Universal's 56th consecutive year of dividend growth," said Preston D. Wigner, Chairman, President, and Chief Executive Officer. "This milestone reflects the strength of our business strategy, the consistency of our performance, and the dedication of our employees around the world who make this progress possible. Our Board takes great pride in continuing to reinforce our value proposition to shareholders through regular, predictable dividend growth, supported by the strength of our global agriproducts platform, and long-term customer relationships."

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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