Universal Corp-VA (UVV) Dividends & Splits

Universal Corp-VA (UVV) is a publicly traded company that specializes in the production and processing of tobacco and tobacco-related products. As a tobacco company, Universal Corp-VA also offers dividends to its shareholders. Dividends are a portion of the company's profits that are distributed to its shareholders on a regular basis. The dividend yield is a measure of the annual dividend income per share divided by the stock's price. For Universal Corp-VA, the dividend yield is calculated by dividing the annual dividend payment by the current stock price.

The payout ratio is another important factor to consider when evaluating a company's dividends. This ratio measures the proportion of a company's earnings that are paid out in dividends. A lower payout ratio indicates that the company is retaining more of its earnings to reinvest in the business, while a higher payout ratio suggests that the company is distributing a larger portion of its earnings to shareholders. Universal Corp-VA's payout ratio can be calculated by dividing the annual dividend per share by the company's earnings per share.