Universal Corporation operates as a leaf tobacco merchant and processor worldwide. It engages in procuring, financing, processing, packing, storing, and shipping leaf tobacco for sale to, or for the account of, manufacturers of consumer tobacco products. The company was founded in 1888 and is based in Richmond, Virginia.
Universal (NYSE:UVV) declared a dividend payable on February 1, 2021 to its shareholders as of November 5, 2020. It was also announced that shareholders of Universal's stock as of January 11, 2021 are entitled to the dividend. The stock is expected to become ex-dividend 1 business day(s) before the record date. Universal, which has a current dividend per share of $0.77, has an ex-dividend date scheduled for January 8, 2021. That equates to a dividend yield of 7.62% at current price levels.What Are Ex-Dividend Dates? Ex-dividend dates signal when company shares cease to trade with their current dividend payouts. There is a small intermission period before companies announce new dividends. Usually, a company's ex-dividend date falls one business day before its record date. Investors shoul...
In this article we are going to list the 25 tallest rollercoasters in the world. Click to skip ahead and jump to the 10 tallest rollercoasters in the world. Almost everyone, adult or child, loves to go to a good amusement park. A perfect vacation day with a good balance of food and fun. What’s […]
Tobacco stocks have long been a favorite among income investors. Why? For one, they often pay high dividend yields above 5%. A select few have also maintained long histories of raising their dividends, even during recessions.
On top of that, the industry enjoys multiple advantages that make it attractive for investment. The best names in tobacco have the ability to raise prices over time, while demand for tobacco products remains steady during economic downturns. The industry also benefits from high returns on invested capital as well as high barriers to entry.
As a result, tobacco stocks are ripe for the picking — particularly for income investors looking for high dividend yields and stable payouts.InvestorPlace - Stock Market News, Stock Advice & Trading Tips
8 Battery Stocks T...