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Universal (Universal) 3-Year Dividend Growth Rate

: 1.30% (As of Dec. 2023)
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Universal's Dividends per Share for the three months ended in Dec. 2023 was $0.80.

The historical rank and industry rank for Universal's 3-Year Dividend Growth Rate or its related term are showing as below:

UVV' s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: 1.3   Med: 4.8   Max: 71
Current: 1.3

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Universal was 71.00% per year. The lowest was 1.30% per year. And the median was 4.80% per year.

UVV's 3-Year Dividend Growth Rate is ranked worse than
66.67% of 21 companies
in the Tobacco Products industry
Industry Median: 3.1 vs UVV: 1.30

During the past 12 months, Universal's average Dividends Per Share Growth Rate was 1.30% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 1.30% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 5.80% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 6.00% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.

Universal's Dividend Payout Ratio for the three months ended in Dec. 2023 was 0.37. As of today, Universal's Dividend Yield % is 6.34%.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Universal Corp is 0.75, which seems too high.

Good Sign:

Universal Corp stock dividend yield is close to 3-year high.

For more information regarding to dividend, please check our Dividend Page.


Competitive Comparison

For the Tobacco subindustry, Universal's 3-Year Dividend Growth Rate, along with its competitors' market caps and 3-Year Dividend Growth Rate data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Universal 3-Year Dividend Growth Rate Distribution

For the Tobacco Products industry and Consumer Defensive sector, Universal's 3-Year Dividend Growth Rate distribution charts can be found below:

* The bar in red indicates where Universal's 3-Year Dividend Growth Rate falls into.



Universal 3-Year Dividend Growth Rate Calculation

This is the average annual rate that a company has been raising its dividends. The growth rate is calculated with expontential compound based on the latest four year annual data.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.


Universal  (NYSE:UVV) 3-Year Dividend Growth Rate Explanation

1. Dividend Payout Ratio measures the percentage of the company's earnings paid out as dividends.

Universal's Dividend Payout Ratio for the quarter that ended in Dec. 2023 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Dec. 2023 )/ EPS without NRI (Q: Dec. 2023 )
=0.8/ 2.16
=0.37

During the past 13 years, the highest Dividend Payout Ratio of Universal was 0.87. The lowest was 0.37. And the median was 0.61.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Universal Corp is 0.75, which seems too high.

2. Dividend Yield % measures how much a company pays out in dividends each year relative to its share price.

Universal Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.8002024-04-052024-04-082024-05-06Cash DividendquarterlyUSD:USD 1.000000
USD 0.8002024-01-052024-01-082024-02-05Cash DividendquarterlyUSD:USD 1.000000
USD 0.8002023-10-052023-10-092023-11-06Cash DividendquarterlyUSD:USD 1.000000
USD 0.8002023-07-072023-07-102023-08-07Cash DividendquarterlyUSD:USD 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

Universal's Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=3.2/50.50
=6.34 %

Current Share Price is $50.50.
Universal's Dividends per Share for the trailing twelve months (TTM) ended in Today is $3.2.

During the past 13 years, the highest Dividend Yield of Universal was 7.68%. The lowest was 2.84%. And the median was 4.74%.

Good Sign:

Universal Corp stock dividend yield is close to 3-year high.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Universal 3-Year Dividend Growth Rate Related Terms>


Universal (Universal) Business Description

Traded in Other Exchanges
Address
9201 Forest Hill Avenue, Richmond, VA, USA, 23235
Universal Corp is a global leaf tobacco supplier. The company procures leaf tobacco from farmers, processes it, and sells it to companies that manufacture consumer tobacco products. Universal does not manufacture or sell any consumer products itself. The company's segment includes Tobacco Operations and Ingredients Operations. It generates maximum revenue from the Tobacco Operations segment. Geographically, it derives a majority of revenue from the United States.
Executives
Candace C Formacek officer: Vice President & Treasurer PO BOX 25099, RICHMOND VA 23260
Robert C Sledd director 9201 FOREST HILL AVENUE, RICHMOND VA 23235
Airton L Hentschke officer: SVP & COO 9201 FOREST HILL AVENUE, RICHMOND VA 23235
Lennart R. Freeman director 9201 FOREST HILL AVENUE, RICHMOND VA 23235
Mckeen Starke officer: Senior VP & Sales Director 9201 FOREST HILL AVENUE, RICHMOND VA 23235
Preston Douglas Wigner officer: VP, General Counsel & Secy 9201 FOREST HILL AVENUE, PO BOX 25099, RICHMOND VA 23260
Schick Arthur J. Jr. director 9201 FOREST HILL AVENUE, RICHMOND VA 23235
Theodore G Broome other: Subsidiary Officer PO BOX 25099, RICHMOND VA 23260
Thomas H Johnson director 9201 FOREST HILL AVENUE, RICHMOND VA 23235
Diana F Cantor director 9201 FOREST HILL AVENUE, RICHMOND VA 23235
Michael T Lawton director DOMINO'S PIZZA, 30 FRANK LLOYD WRIGHT DRIVE, ANN ARBOR MI 48106
Tullidge Thomas H Jr director PO BOX 25099, RICHMOND VA 23260
Jacqueline T. Williams director UNIVERSAL CORP., 9201 FOREST HILL AVENUE, RICHMOND VA 23235
Scott J Bleicher officer: Vice President and Controller PO BOX 25099, RICHMOND VA 23260
John Patrick O'keefe other: Subsidiary Officer 9201 FOREST HILL AVENUE, RICHMOND VA 23235

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