Universal Corporation

UVV39 yrs growth

Consumer Defensive · Tobacco · Stock · quarterly payer

$38.96

Undervalued · +56% Add to Portfolio

Forward Yield

8.52%

Annual Dividend

$3.32

Payout Ratio

432%

5-Yr Growth

1.3%

Ex-Date

Oct 9, 2026

Frequency

Quarterly

Key facts about UVV's dividend

Data as of Oct 27, 2026 · Source: SmarterDividends data

As of Oct 27, 2026, Universal Corporation (UVV) has a forward dividend yield of 8.52%, based on an annual dividend of $3.32 per share and a share price of $38.96.
As of Oct 27, 2026, UVV's dividend safety grade from SmarterDividends is A (86 out of 100), which rates the dividend as very safe.
By SmarterDividends' count, Universal Corporation (UVV) has raised its dividend for 39 consecutive years as of Oct 27, 2026, which makes it a Dividend Aristocrat by the 25-year definition.
UVV has never cut its regular dividend in the payment history SmarterDividends has on record.
UVV's most recent ex-dividend date was Oct 9, 2026, for a dividend of $0.83 per share.
As of Oct 27, 2026, UVV pays out 432% of its trailing 12-month earnings as dividends (its payout ratio).
UVV's dividend has grown at an average rate of 1.3% a year over the past five years.
As of Oct 27, 2026, UVV's 8.52% yield is 43% above its five-year average yield of 5.95%.
As of Oct 27, 2026, SmarterDividends' blended fair-value estimate for UVV is $60.74 per share, 56% above the $38.96 share price, so UVV screens as undervalued.
Universal Corporation (UVV) pays its dividend quarterly, 4 times a year.
Universal Corporation (UVV) has raised its regular dividend 41 times and cut it 0 times across the 160 payments on record since 1986. Its most recent change was a 1.2% increase to $0.830 per share, going ex-dividend on Jul 13, 2026.
Universal (UVV) has declared its first higher dividend of the year in May in 5 of the last 5 years; its most recent raise, 1.2%, was declared on May 19, 2026.

Cite this page

SmarterDividends, "UVV Dividend: Yield, Safety Grade & Next Ex-Date," updated Oct 27, 2026, https://smarterdividends.com/stocks/UVV

Summary

As of Oct 27, 2026, Universal Corporation (UVV) yields 8.52% ($3.32 a year per share), has a dividend safety grade of A (86/100) and has 39 consecutive years of dividend increases on record.

Is UVV a good dividend stock?

Yes

Universal Corporation (UVV) pays a quarterly dividend yielding 8.52% ($3.32/yr), with 39 years of growth and a dividend-safety grade of A. It scores well across payout coverage, growth history and safety — a dependable income holding.

Advantages

Dividend Aristocrat — 39 consecutive years of growth
Never cut its dividend on record
Top-tier dividend safety score

Risks

Elevated payout ratio (432%)
Very high yield can signal elevated risk
Share price is down over the past 5 years

Key Data

Dividend Yield: 8.52%
Payout Ratio: 432%
Annual Dividend: $3.32
5-Yr Avg Growth: 1.3%
Ex-Dividend Date: Oct 9, 2026
Years of Growth: 39
Frequency: quarterly
Beta: 0.57
Market Cap: $970.1M
P/E Ratio: 51.3
5-Yr Total Return: -16%
52-Week Range: $38.11 – $59.38
Dividend Safety: A · 86/100
Ever Cut?: No

UVV dividend raises and cuts

Universal Corporation (UVV) has raised its regular dividend 41 times and cut it 0 times across the 160 payments on record since 1986. Its most recent change was a 1.2% increase to $0.830 per share, going ex-dividend on Jul 13, 2026.

Ex-date	Change	Old → new	Move
Jul 13, 2026	Raise	$0.820 → $0.830	+1.2%
Jul 14, 2025	Raise	$0.810 → $0.820	+1.2%
Jul 8, 2024	Raise	$0.800 → $0.810	+1.3%
Jul 7, 2023	Raise	$0.790 → $0.800	+1.3%
Jul 8, 2022	Raise	$0.780 → $0.790	+1.3%
Jul 9, 2021	Raise	$0.770 → $0.780	+1.3%
Jul 10, 2020	Raise	$0.760 → $0.770	+1.3%
Jul 5, 2019	Raise	$0.750 → $0.760	+1.3%
Jul 6, 2018	Raise	$0.550 → $0.750	+36.4%
Jan 5, 2018	Raise	$0.540 → $0.550	+1.9%
Jan 5, 2017	Raise	$0.530 → $0.540	+1.9%
Jan 7, 2016	Raise	$0.520 → $0.530	+1.9%

Show all 41 changes since 1987

Ex-date	Change	Old → new	Move
Jan 8, 2015	Raise	$0.510 → $0.520	+2.0%
Jan 9, 2014	Raise	$0.500 → $0.510	+2.0%
Jan 10, 2013	Raise	$0.490 → $0.500	+2.0%
Jan 5, 2012	Raise	$0.480 → $0.490	+2.1%
Jan 6, 2011	Raise	$0.470 → $0.480	+2.1%
Jan 7, 2010	Raise	$0.460 → $0.470	+2.2%
Jan 8, 2009	Raise	$0.450 → $0.460	+2.2%
Jan 10, 2008	Raise	$0.440 → $0.450	+2.3%
Jan 4, 2007	Raise	$0.430 → $0.440	+2.3%
Jan 5, 2006	Raise	$0.420 → $0.430	+2.4%
Jan 6, 2005	Raise	$0.390 → $0.420	+7.7%
Jan 9, 2004	Raise	$0.360 → $0.390	+8.3%
Jan 9, 2003	Raise	$0.340 → $0.360	+5.9%
Jan 9, 2002	Raise	$0.320 → $0.340	+6.3%
Jan 4, 2001	Raise	$0.310 → $0.320	+3.2%
Jan 6, 2000	Raise	$0.300 → $0.310	+3.3%
Jan 7, 1999	Raise	$0.280 → $0.300	+7.1%
Jan 8, 1998	Raise	$0.265 → $0.280	+5.7%
Jan 9, 1997	Raise	$0.255 → $0.265	+3.9%
Jan 4, 1996	Raise	$0.250 → $0.255	+2.0%
Jan 3, 1995	Raise	$0.240 → $0.250	+4.2%
Jan 4, 1994	Raise	$0.220 → $0.240	+9.1%
Jan 5, 1993	Raise	$0.200 → $0.220	+10.0%
Jan 7, 1992	Raise	$0.190 → $0.200	+5.3%
Dec 26, 1990	Raise	$0.185 → $0.190	+2.7%
Dec 26, 1989	Raise	$0.175 → $0.185	+5.7%
Dec 27, 1988	Raise	$0.160 → $0.175	+9.4%
Dec 28, 1987	Raise	$0.145 → $0.160	+10.3%
Mar 26, 1987	Raise	$0.135 → $0.145	+7.4%

Every UVV payment →Download every raise and cut (CSV)

UVV ex-dividend date & scheduleNext ex-date Oct 9, 2026 · full ex-dividend historyView →UVV dividend historyEvery payment, totals by year, raises and cutsView →

Frequently Asked Questions

Is UVV a good dividend stock?

Yes. Universal Corporation (UVV) pays a quarterly dividend yielding 8.52% ($3.32/yr), with 39 years of growth and a dividend-safety grade of A. It scores well across payout coverage, growth history and safety — a dependable income holding.

Is UVV undervalued?

Based on a blend of discounted cash flow, a dividend-discount model and an earnings-multiple estimate, UVV's fair value is about $60.74 versus a $38.96 share price — so it looks undervalued (+56% vs. fair value).

Is UVV's dividend safe?

UVV has a dividend-safety grade of A (86/100), based on its payout coverage, free-cash-flow, 39-year growth streak, a clean no-cut history, debt and yield-versus-history.

What is UVV's fair value?

Our blended fair-value estimate for UVV is about $60.74 per share, roughly 56% above the current $38.96 price — combining a discounted cash flow, a dividend-discount model and an earnings multiple.

Is UVV a buy, hold, or sell?

We don't issue formal ratings, but on the data UVV screens as "yes" and undervalued. Universal Corporation (UVV) pays a quarterly dividend yielding 8.52% ($3.32/yr), with 39 years of growth and a dividend-safety grade of A. It scores well across payout coverage, growth history and safety — a dependable income holding. This is research for your own analysis, not investment advice.

Will UVV cut its dividend?

UVV earns a dividend-safety grade of A (86/100), with no dividend cut on record. A higher score means lower cut risk based on payout coverage, cash flow and history — but no score guarantees a dividend.

Does UVV pay a dividend?

Yes. Universal Corporation pays a quarterly dividend of about $3.32 per share annually, a forward yield of roughly 8.52%.

What is UVV's dividend yield?

As of Oct 27, 2026, UVV's forward dividend yield is 8.52%, based on a $3.32 annual dividend and a $38.96 share price.

What is UVV's dividend per share?

As of Oct 27, 2026, UVV pays $3.32 per share per year, distributed on a quarterly basis.

What is UVV's dividend payout ratio?

As of Oct 27, 2026, UVV's payout ratio is 432% of trailing 12-month earnings — an elevated level worth watching, as it leaves less cushion if earnings dip.

How many years has UVV grown its dividend?

As of Oct 27, 2026, UVV has increased its dividend for 39 consecutive years.

When is the next UVV ex-dividend date?

As of Oct 27, 2026, UVV's next ex-dividend date hasn't been announced. The most recent was Oct 9, 2026, for $0.83 per share.

Dividend Growth

Total dividends per share by year

Dividend History

Full UVV dividend history →

Ex-Date	Pay Date	Amount	Type
Oct 9, 2026	Nov 2, 2026	$0.8300	regular
Jul 13, 2026	Aug 3, 2026	$0.8300	regular
Apr 15, 2026	May 4, 2026	$0.8200	regular
Jan 12, 2026	Feb 2, 2026	$0.8200	regular
Oct 10, 2025	Nov 3, 2025	$0.8200	regular
Jul 14, 2025	Aug 4, 2025	$0.8200	regular
Apr 14, 2025	May 5, 2025	$0.8100	regular
Jan 13, 2025	Feb 3, 2025	$0.8100	regular
Oct 11, 2024	Nov 4, 2024	$0.8100	regular
Jul 8, 2024	Aug 5, 2024	$0.8100	regular
Apr 5, 2024	May 6, 2024	$0.8000	regular
Jan 5, 2024	Feb 5, 2024	$0.8000	regular
Oct 5, 2023	Nov 6, 2023	$0.8000	regular
Jul 7, 2023	Aug 7, 2023	$0.8000	regular