Universal Corporation processes and supplies leaf tobacco and plant-based ingredients worldwide. The company operates through two segments, Tobacco Operations and Ingredients Operations. It is involved in the procuring, financing, processing, packing, storing, and shipping leaf tobacco for sale to manufacturers of consumer tobacco products. The company contracts, purchases, processes, and sells flue-cured, burley, and oriental tobaccos that are primarily used in the manufacture of cigarettes; and dark air-cured tobaccos principally used in the manufacture of cigars, natural wrapped cigars and cigarillos, smokeless, and pipe tobacco products. It also provides value-added services, including blending, chemical, and physical testing of tobacco; service cutting for various manufacturers; manufacturing reconstituted leaf tobacco; just-in-time inventory management services; electronic nicotine delivery systems; and smoke testing services for customers. In addition, the company offers testing services for crop protection agents and tobacco constituents in seed, leaf, and finished products, including e-cigarette liquids and vapors; and analytical services that include chemical compound testing in finished tobacco products and mainstream smoke. Further, it provides a various value-added manufacturing processes to produce specialty vegetable and fruit-based ingredients, as well as botanical extracts and flavorings for human and pet food markets; and recycles waste materials from tobacco production. The company was founded in 1886 and is headquartered in Richmond, Virginia.
Universal Dividend Announcement
• Universal announced a quarterly dividend of $0.81 per ordinary share which will be made payable on 2025-02-03. Ex dividend date: 2025-01-13
• Universal's trailing twelve-month (TTM) dividend yield is 7.4%
• Universal's payout ratio for the trailing twelve months (TTM) is 64.59%
Universal Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2025-01-13 | $0.81 | quarterly | 2025-02-03 |
2024-10-11 | $0.81 | quarterly | 2024-11-04 |
2024-07-08 | $0.81 | quarterly | 2024-08-05 |
2024-04-05 | $0.80 | quarterly | 2024-05-06 |
2024-01-05 | $0.80 | quarterly | 2024-02-05 |
2023-10-05 | $0.80 | quarterly | 2023-11-06 |
2023-07-07 | $0.80 | quarterly | 2023-08-07 |
2023-04-06 | $0.79 | quarterly | 2023-05-01 |
2023-01-06 | $0.79 | quarterly | 2023-02-06 |
2022-10-06 | $0.79 | quarterly | 2022-11-07 |
2022-07-08 | $0.79 | quarterly | 2022-08-01 |
2022-04-08 | $0.78 | quarterly | 2022-05-02 |
2022-01-07 | $0.78 | quarterly | 2022-02-07 |
2021-10-07 | $0.78 | quarterly | 2021-11-01 |
2021-07-09 | $0.78 | quarterly | 2021-08-02 |
2021-04-09 | $0.77 | quarterly | 2021-05-03 |
2021-01-08 | $0.77 | quarterly | 2021-02-01 |
2020-10-08 | $0.77 | quarterly | 2020-11-02 |
2020-07-10 | $0.77 | quarterly | 2020-08-03 |
2020-04-09 | $0.76 | quarterly | 2020-05-04 |
2020-01-10 | $0.76 | quarterly | 2020-02-03 |
2019-10-04 | $0.76 | quarterly | 2019-11-04 |
2019-07-05 | $0.76 | quarterly | 2019-08-05 |
2019-04-05 | $0.75 | quarterly | 2019-05-06 |
2019-01-04 | $0.75 | quarterly | 2019-02-04 |
2018-10-05 | $0.75 | quarterly | 2018-11-05 |
2018-07-06 | $0.75 | quarterly | 2018-08-06 |
2018-04-06 | $0.55 | quarterly | 2018-05-07 |
2018-01-05 | $0.55 | quarterly | 2018-02-05 |
2017-10-06 | $0.54 | quarterly | 2017-11-06 |
2017-07-06 | $0.54 | quarterly | 2017-08-07 |
2017-04-06 | $0.54 | quarterly | 2017-05-08 |
2017-01-05 | $0.54 | quarterly | 2017-02-06 |
2016-10-06 | $0.53 | quarterly | 2016-11-07 |
2016-07-07 | $0.53 | quarterly | 2016-08-08 |
2016-04-07 | $0.53 | quarterly | 2016-05-09 |
2016-01-07 | $0.53 | quarterly | 2016-02-08 |
2015-10-08 | $0.52 | quarterly | 2015-11-09 |
2015-07-09 | $0.52 | quarterly | 2015-08-10 |
2015-04-10 | $0.52 | quarterly | 2015-05-11 |
2015-01-08 | $0.52 | quarterly | 2015-02-09 |
2014-10-09 | $0.51 | quarterly | 2014-11-10 |
2014-07-10 | $0.51 | quarterly | 2014-08-11 |
2014-04-10 | $0.51 | quarterly | 2014-05-12 |
2014-01-09 | $0.51 | quarterly | 2014-02-10 |
Universal Dividend per year
Universal Dividend growth
Universal Dividend Yield
Universal current trailing twelve-month (TTM) dividend yield is 7.4%. Interested in purchasing Universal stock? Use our calculator to estimate your expected dividend yield:
Universal Financial Ratios
Universal Dividend FAQ
Other factors to consider when evaluating Universal as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
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1. Determination of Dividend: Universal's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, Universal publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, Universal distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from Universal are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
1. Record Date: Universal sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, Universal distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Universal declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
To assess the safety of Universal's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review Universal's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.