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Universal Corp Raises Dividend, Competitors Shares Rise

by Dave Porter

Bad Credit Credit Creditres Universal Corp. said it was increasing its quarterly cash dividend, which was good news to investors who pushed the agri/lumber conglomerate's shares up 2.58% at the close Thursday.

(3) A periodic payment paid by a business to a stockholder. A dividend paid in cash is called a cash dividend. A dividend paid in the form of additional shares of stock is called a stock dividend. Dividend Accumulations Amounts that result when a policyowner decides to leave policy dividends on deposit with an insurer. Dividend Options Several alternatives that participating policyowners can choose from to indicate the manner in which they want to receive their share of the insurance company’s divisible surplus.

Bad Consolidation Credit Debt If you would like to receive late breaking news on stocks covered by AXcess News then you need to subscribe. By joining, you can stay ahead of the pack and receive the latest news in your email in-box first.Print This Page

As a result of a $50 million break up fee from the failed transaction, quarter charge of $31.3 million. The company also said it will raise its annual dividend 13 percent to 52 cents from 46 cents, paid quarterly at 13 cents per share. The dividend will be paid May 19 to shareholders of record on May 8. Shares fell 37 cents to $45.79 in morning trading on the New York Stock Exchange.

Bad Company Credit Repair Nov 5, 2004 (AXcess News) Richmond VA - Universal Corp. (NYSE: UVV) said it was increasing its quarterly cash dividend, which was good news to investors who pushed the agri/lumber conglomerate's shares up 2.58% at the close.

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Bad Card Credit Credit Allen B. King, Chairman, said in an announcement released early Thursday afternoon that the 3 cent cash dividend increase was equal to a 3.6 percent annualized yield based on Universal's $46.21 closing price on November 3, 2004.

Your Dividend Income Increases Even If Stock Prices don't. You are no more at the mercy of the market. Irrespective of what your shares are worth, you keep earning additional cash dividends. In fact, even if the market price dips, you are still at an advantage, as that allows you to reinvest to purchase more shares. You are not hit by Inflation. With the dividend income rising every year, you offset the effects of a rising inflation. This particularly provides relief to people who have retired and depend on a regular cash inflow to help them meet their expenses. At this stage one need not rollback the investment into further shares, instead, the cash dividend can be used as a kind of regular pension money.

Bad Car Credit Loan The increase brings the annual dividend to $1.68.Mr. King noted, "Universal's strategy emphasizes delivery of value to shareholders, and dividends are one of the ways in which we do that. Our long history of dividend increases demonstrates our dedication to that principle." Universal has raised its common dividend every year since 1971, a record of 34 consecutive increases.Universal gave no indication of what segment of their operations contributed to the dividend increase.Advertisement

2003. Since then, the share has risen from around R2.50 to around R23! About 10 times your initial investment, plus dividends! Had you bought and held the stock, your dividend yield this year would be 20%. In writing "The Speculator", the primary goal is to bring these winning shares to your attention on a regular basis. Subscribe here. JOHNNIC

Bad Credit Loan Mortgage The company is diversified with operations in tobacco, lumber, and agri-products. Its gross revenues for the nine-month transitional year that ended on March 31, 2004, were approximately $2.3 billion.

Auto Bad Credit Loan Universal shares closed up $1.19 to end the day at $47.40.

Bad Credit Mortgage Refinance Competitors Atlantic Commercial and Dimon, Inc. shares also closed up. Atlantic Commercial (NYSE: STW) closed up 14 cents at $16.30. STW said it was releasing results for the second quarter Monday, November 8.Dimon, Inc. (NYSE: DMN) closed up 12 cents at $6.32. Dimon said it would be releasing its results for the second quarter Tuesday, November 9.

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