Universal Declares 3Q Dividends

Source from:  Tobacco Reporter 11/08/2010

Universal Corp's board of directors has declared a quarterly dividend of $0.48 per common share payable on February 14 to shareholders of record at the close of business on January 10. "This is our 40th consecutive annual dividend increase," said George C. Freeman, III, chairman, president, and CEO. "We are proud of our strong record of returning value to our shareholders, and our consistent dividend delivery is one aspect of that record." In addition, the board declared a quarterly dividend of $16.875 per share on Universal's Series B 6.75 per cent Convertible Perpetual Preferred Stock payable on December 15 to shareholders of record as of 17.00 hours Eastern Time on December 1. Enditem