Universal Corporation’s board of directors has declared a quarterly dividend of $0.51 per share on the company’s common shares, payable on November 10 to shareholders of record at the close of business on October 14.
In addition, the board declared a quarterly dividend of $16.875 per share on the company’s Series B 6.75% Convertible Perpetual Preferred Stock (Series B Preferred Stock), payable on September 15 to shareholders of record as of 17.00 hours Eastern Time on September 1.