Universal declares quarterly dividend of $0.83 per share
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Universal Corporation has declared a quarterly dividend of $0.83 per share, payable on August 3 to shareholders of record by July 13. This marks an increase from the previous $0.82 per share, raising the annualized dividend rate to $3.32 per share, with an indicated dividend yield of approximately 6.1% based on the stock's May 18 close of $54.46.
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