Universal Corporation (UVV) Announces 6.50% Dividend Yield, Cash Flow Details
Published on Β· Source: finance.yahoo.com
AI Summary
Summarized by AI from the source belowUniversal Corporation (UVV) recently declared a quarterly dividend of $0.83 per share, resulting in a yield of 6.50%. The company reported operating cash flow of $129.1 million, which covered its $81.3 million dividend payment at a ratio of 1.59x. Despite facing challenges in fiscal 2026, including a full-year EPS of $2.64 versus a $4.17 consensus, the dividend remains secure as confirmed by CEO Preston D. Wigner. This information is crucial for income-focused investors, emphasizing that the dividend is attainable even amidst financial complications.
Informational only, not financial advice. Content is AI-generated and may contain errors. How this works.
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