Universal's latest quarterly dividend was on Jan 6, 2023 (ex-date) with a payout of $0.79 per share. On an annualized basis, the company has a current payout of $3.16 per share. This brings the dividend yield to 6.02% based on its recent close price.
UVV has a dividend yield of 6.02% which is above the Consumer Defensive sector average. Compared to its Consumer Defensive sector average of 2.18%, Universal's dividend yield is 176% higher. Historically UVV's dividend yield has averaged at 5.7% in the last 5 years, which is below the current yield.
Universal has been paying dividends since 1995. UVV has distributed five quarterly dividends in the past year. The annualized dividend per share has an increase of 1.6% since twelve months ago. And with the price of the stock down by 4.2% from a year ago, the dividend yield has an increase of 6%.
| Ex-date | Payment date | Declared on | Amount | Type |
|---|---|---|---|---|
| Jan 6, 2023 | Feb 6, 2023 | Nov 3, 2022 | $0.79 | normal |
| Oct 7, 2022 | Nov 7, 2022 | Aug 3, 2022 | $0.79 | normal |
| Oct 6, 2022 | Nov 7, 2022 | Aug 3, 2022 | $0.79 | normal |
| 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 87.5% which is higher than the Consumer Defensive sector and the industry average. If we compare it with the Consumer Defensive sector average of 52.7%, Universal's payout ratio is 66% higher.
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| MO Altria Group Inc | 8.25% | $3.68 | 143.2% |
| VGR Vector Group Ltd | 6.33% | $0.8 | 81.6% |
| UVV Universal Corp | 6.01% | $3.16 | 87.5% |
| PM Philip Morris International Inc | 4.84% | $5.04 | 89.7% |
Yes, Universal has been paying dividends for the last 27 years.
UVV hasn't announced its next dividend date yet, but if we take into consideration its recent dividend history, it is likely that its next dividend will be in April 2023.
Universal's last regular dividend was on Jan 6, 2023 (ex-date) with the amount of $0.79 per share.
On an annual basis UVV pays $3.16 per share.
Currently Universal's dividend yield is 6.02%.
Universal pays dividends quarterly.
The dividend payout ratio of Universal is 87.5%.
Universal's dividend yield is above the Consumer Defensive sector average.