Universal Corp. (UVV) Reports Q2 EPS of $0.81
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Universal Corporation Reports Improved Six-Month Results
November 5, 2015 4:18 PM ESTRICHMOND, Va., Nov. 5, 2015 /PRNewswire/ -- Â
HIGHLIGHTS
Six MonthsOperating income up $18 million, to $32 millionRevenues were flat, at $732 million Dividend increase announced for the 45th consecutive yearSecond Quarter Operating income up $15 million, to $37 million Net income up 50%, to $22.5 millionDiluted earnings per share of $0.81
George C. Freeman, III, Chairman, President, and Chief Executive Officer of Universal Corporation (NYSE: UVV), reported that net income for the first half of fiscal year 2016, which ended on September 30, 2015, was $16.5 million, or $0.40 per... More
Universal Corporation Announces 45th Annual Dividend Increase and Share Repurchase Program
November 5, 2015 1:48 PM ESTRICHMOND, Va., Nov. 5, 2015 /PRNewswire/ -- George C. Freeman, III, Chairman, President and Chief Executive Officer of Universal Corporation (NYSE: UVV), announced today that the Company's Board of Directors declared a quarterly dividend of fifty-three cents ($0.53) per share on the common shares of the Company, payable February 8, 2016, to common shareholders of record at the close of business on January 11, 2016. This increase indicates an annualized rate of $2.12 per common share and a yield of approximately 3.9% based on the $54.65 closing price on November 4, 2015. The... More
