Universal Declares Quarterly Dividend

Source from:  Tobacco Reporter 05/23/2011

Universal Corp's chairman, president and CEO, George C. Freeman, III, said yesterday that the company's board of directors had declared a quarterly dividend of $0.48 per share on its common shares, payable on August 8 to common share holders of record at the close of business on July 11. In addition, the board had declared a quarterly dividend of $16.875 per share on the Series B 6.75 per cent Convertible Perpetual Preferred Stock ('Series B Preferred Stock'), payable on June 15 to shareholders of record as of 17.00 hours Eastern Time on June 1. The board set the record date for the annual meeting of shareholders as June 15 and the date of the meeting as August 4. The meeting will be held from 14.00 hours at the company's headquarters building. Enditem