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RICHMOND - Universal Corporation (NYSE:UVV) announced Wednesday that its Board of Directors has declared a quarterly dividend of $0.82 per share, according to a company press release. The company boasts an impressive track record of raising dividends for 33 consecutive years, with the current yield standing at 6.08%. According to InvestingPro, Universal Corporation has maintained dividend payments for 55 consecutive years, making it a notable dividend aristocrat.
The dividend will be payable on November 3, 2025, to shareholders of record at the close of business on October 13, 2025.
Universal Corporation, a global business-to-business agriproducts company, has maintained its position in the agricultural sector for over 100 years. The company operates across more than 30 countries on five continents through its network of farmers and partners.
The Richmond-based company provides agricultural products and services to customers worldwide, focusing on supply chain management and processing capabilities. With annual revenue of $2.95 billion and strong financial metrics, Universal Corporation currently appears slightly undervalued according to InvestingPro’s Fair Value analysis.
In other recent news, Universal Corporation reported its earnings for the fourth quarter of fiscal year 2025, revealing a decline in both revenue and operating income compared to the previous year. However, the company experienced a significant 75% increase in full-year revenue, indicating strong overall annual performance. In another development, Universal announced the impending retirement of its Chief Financial Officer, Johan C. Kroner, who has been with the company for 32 years. Kroner will continue in his role until a successor is appointed and will remain with the company until July 1, 2026, transitioning to a Senior Vice President position to advise the CEO and support his replacement. These recent developments provide insight into the company’s financial health and leadership changes. The company did not receive any analyst upgrades or downgrades following these announcements.
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