dividend
confidence high
sentiment positive
materiality 0.65
Universal Corp declares $0.81 quarterly dividend and $100M share buyback
UNIVERSAL CORP /VA/
- Quarterly dividend of $0.81 per share declared, payable Feb 3, 2025 to holders of record Jan 13, 2025.
- Board approved up to $100 million share repurchase program, open market or private transactions.
- Company has approximately 24.7 million common shares outstanding.
- Dividend rate unchanged from prior quarter; new buyback signals capital allocation confidence.