Universal Corporation (UVV) To Go Ex-Dividend on January 11th

Universal Corporation (NYSE:UVV) announced a quarterly dividend on Wednesday, November 4th. Investors of record on Monday, January 11th will be paid a dividend of $0.83 per share on Monday, February 1st. This represents a $3.32 dividend on an annualized basis and a yield of 8.1%. The ex-dividend date is Monday, January 11th.

Universal Trading Up 3.2%

Universal stock opened at $41.03 on Friday. The firm has a market cap of $1.02 billion, a price-to-earnings ratio of -455.85, a price-to-earnings-growth ratio of 12.50 and a beta of 0.61. Universal has a 1 year low of $38.11 and a 1 year high of $59.38. The firm’s 50 day moving average price is $42.49 and its two-hundred day moving average price is $50.07. The company has a debt-to-equity ratio of 0.43, a quick ratio of 1.00 and a current ratio of 2.57.

Universal (NYSE:UVV) last announced its quarterly earnings data on Wednesday, November 4th. The company reported $0.39 EPS for the quarter, missing analysts’ consensus estimates of $0.58 by ($0.19). The company had revenue of $621.85 million for the quarter, compared to analyst estimates of $630.10 million. Universal had a negative net margin of 0.09% and a positive return on equity of 1.87%. During the same quarter last year, the company posted $1.36 EPS. On average, research analysts predict that Universal will post 3.18 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Several equities research analysts have recently commented on the company. Zacks Research raised Universal from a “strong sell” rating to a “hold” rating in a report on Friday, October 9th. Wall Street Zen raised Universal from a “sell” rating to a “hold” rating in a research note on Saturday, September 5th. Finally, Weiss Ratings downgraded Universal from a “hold (c-)” rating to a “sell (d+)” rating in a report on Thursday, October 8th. One analyst has rated the stock with a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, Universal presently has an average rating of “Reduce”.

Universal Company Profile

Universal Corporation (NYSE: UVV) is a global agricultural products company primarily engaged in the procurement, processing and sale of leaf tobacco. Through its tobacco operations, the company purchases tobacco from growers, processes and stores the leaf, and supplies it to manufacturers of cigarettes, cigars, pipe tobacco and other tobacco products.

Universal handles several types of tobacco, including flue-cured, burley, dark air-cured and oriental varieties, as well as other specialty leaf products.