Universal Corporation Announces 56^th Annual Dividend Increase and Sets 2026 Annual Meeting Date

RICHMOND, Va.--(BUSINESS WIRE)--Universal Corporation (NYSE:UVV), a global business-to-business agriproducts company, announced today that its Board of Directors declared a quarterly dividend of eighty-three cents ($0.83) per share on the common shares of the Company, payable August 3, 2026, to shareholders of record at the close of business on July 13, 2026. This increase indicates an annualized rate of $3.32 per common share and a yield of approximately 6.1% based on the $54.46 per share closing price on May 18, 2026.

“On May 19, 2026, our Board of Directors declared an increase in quarterly dividend from $0.82 to $0.83 per share, marking Universal’s 56th consecutive year of dividend growth,” said Preston D. Wigner, Chairman, President, and Chief Executive Officer. “This milestone reflects the strength of our business strategy, the consistency of our performance, and the dedication of our employees around the world who make this progress possible. Our Board takes great pride in continuing to reinforce our value proposition to shareholders through regular, predictable dividend growth, supported by the strength of our global agriproducts platform, and long-term customer relationships.”

The Board of Directors set the date of the Company’s 2026 Annual Meeting of Shareholders as Tuesday, August 4, 2026. It will be held at 11:00 a.m. Eastern Time at the Company’s headquarters building. The Board of Directors set the record date for the 2026 Annual Meeting of Shareholders as June 4, 2026.

About Universal Corporation

Universal Corporation (NYSE:UVV) is a global agricultural company with over 100 years of experience supplying products and innovative solutions to meet our customers’ evolving needs and precise specifications. Through our diverse network of farmers and partners across more than 30 countries on five continents, we are a trusted provider of high-quality, traceable products. We leverage our extensive supply chain expertise, global reach, integrated processing capabilities, and commitment to sustainability to provide a range of products and services designed to drive efficiency and deliver value to our customers. For more information, visit www.universalcorp.com.