---
schema_version: "secwatch.filing_event.v1"
accession: "0000102037-24-000011"
form_type: "8-K"
ticker: "UVV"
cik: "0000102037"
company_name: "UNIVERSAL CORP /VA/"
filed_at: "2024-05-22T23:59:59+00:00"
generated_at: "2026-06-01T09:34:20.024630+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Universal Corp reports FY2024 revenue up 7% to $2.75B, adjusted EPS up 35%; declares 54th annual dividend increase

## Summary
- FY2024 revenue $2,748.6M (+7% YoY); gross margin improved 167 bps to 19.50%.
- Reported diluted EPS $4.78 (-4% YoY); adjusted diluted EPS $5.08 (+35% YoY).
- Tobacco operations operating income $222.4M (+29%); Ingredients operating income $3.9M (-63%).
- Quarterly dividend raised to $0.81/share ($3.24 annualized), payable Aug 5, 2024; yield ~6.08%.
- Lancaster expansion on track for full ops in H2 FY2025; accelerated buying in Brazil due to tight supply.

## SEC filing metadata
- accession: 0000102037-24-000011
- form_type: 8-K
- ticker: UVV
- cik: 0000102037
- company_name: UNIVERSAL CORP /VA/
- filed_at: 2024-05-22T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/102037/000010203724000011/0000102037-24-000011-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/102037/000010203724000011/uvv-20240522.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000102037-24-000011
- JSON: https://secwatch.observer/filing/0000102037-24-000011.json
- Plain text: https://secwatch.observer/filing/0000102037-24-000011.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.