Universal's latest quarterly dividend was on Jul 8, 2022 (ex-date) with a payout of $0.79 per share. On an annualized basis, the company has a current payout of $3.13 per share. This brings the dividend yield to 6.66% based on its recent close price. The latest dividend has an increase of $0.01, or 1.3% from the prior distribution.
UVV has a dividend yield of 6.66% which is above the Consumer Defensive sector average. Compared to its Consumer Defensive sector average of 2.35%, Universal's dividend yield is 183% higher. Historically UVV's dividend yield has averaged at 5.4% in the last 5 years, which is below the current yield.
Universal has been paying dividends since 1995. UVV has distributed four quarterly dividends in the past year. The annualized dividend per share has an increase of 1.3% since twelve months ago. And with the price of the stock down by 4.4% from a year ago, the dividend yield has an increase of 6%.
| Ex-date | Payment date | Declared on | Amount | Type |
|---|---|---|---|---|
| Jul 8, 2022 | Aug 1, 2022 | May 25, 2022 | $0.79 | normal |
| Apr 8, 2022 | May 2, 2022 | Feb 2, 2022 | $0.78 | normal |
| Jan 7, 2022 | Feb 7, 2022 | Nov 3, 2021 | $0.78 | normal |
| Oct 7, 2021 | Nov 1, 2021 | Aug 4, 2021 | $0.78 | normal |
| Jul 9, 2021 | Aug 2, 2021 | May 26, 2021 | $0.78 | normal |
| Apr 9, 2021 | May 3, 2021 | Feb 8, 2021 | $0.77 | normal |
| Jan 8, 2021 | Feb 1, 2021 | Nov 5, 2020 | $0.77 | normal |
| Oct 8, 2020 | Nov 2, 2020 | Aug 5, 2020 | $0.77 | normal |
| Jul 10, 2020 | Aug 3, 2020 | May 27, 2020 | $0.77 | normal |
| Apr 9, 2020 | May 4, 2020 | Feb 4, 2020 | $0.76 | normal |
| Jan 10, 2020 | Feb 3, 2020 | Nov 12, 2019 | $0.76 | normal |
| Oct 4, 2019 | Nov 4, 2019 | Aug 7, 2019 | $0.76 | normal |
| Jul 5, 2019 | Aug 5, 2019 | May 22, 2019 | $0.76 | normal |
| Apr 5, 2019 | May 6, 2019 | Feb 7, 2019 | $0.75 | normal |
| Jan 4, 2019 | Feb 4, 2019 | Nov 8, 2018 | $0.75 | normal |
| Oct 5, 2018 | Nov 5, 2018 | Aug 7, 2018 | $0.75 | normal |
| Jul 6, 2018 | Aug 6, 2018 | May 23, 2018 | $0.75 | normal |
| Apr 6, 2018 | May 7, 2018 | Feb 6, 2018 | $0.55 | normal |
| Jan 5, 2018 | Feb 5, 2018 | Nov 7, 2017 | $0.55 | normal |
| Oct 6, 2017 | Nov 6, 2017 | Aug 3, 2017 | $0.54 | normal |
| Jul 6, 2017 | Aug 7, 2017 | May 23, 2017 | $0.54 | normal |
| Apr 6, 2017 | May 8, 2017 | Feb 7, 2017 | $0.54 | normal |
UVV has a payout ratio of 88.9% which is higher than the Consumer Defensive sector and the industry average. If we compare it with the Consumer Defensive sector average of 49%, Universal's payout ratio is 81% higher.
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| VGR Vector Group Ltd | 8.94% | $0.8 | 76.2% |
| MO Altria Group Inc | 8.84% | $3.64 | 375.3% |
| UVV Universal Corp | 6.66% | $3.13 | 88.9% |
| PM Philip Morris International Inc | 5.83% | $5.02 | 86.1% |
Yes, Universal has been paying dividends for the last 27 years.
UVV has announced its next dividend with ex-date Oct 6, 2022.
Universal's last regular dividend was on Jul 8, 2022 (ex-date) with the amount of $0.79 per share.
On an annual basis UVV pays $3.13 per share.
Currently Universal's dividend yield is 6.66%.
Universal pays dividends quarterly.
The dividend payout ratio of Universal is 88.9%.
Universal's dividend yield is above the Consumer Defensive sector average.