This Stock Has A 6.37% Yield And Sells For Less Than Book

Universal Corp (Symbol: UVV) has solidified its position as a Top 25 dividend stock, according to the most recent Dividend Channel “DividendRank” report. The report accentuates the compelling valuation and profitability metrics exhibited by UVV, as the $50.20 share price represents a mere 0.9 price-to-book ratio and an impressive annual dividend yield of 6.37%. In comparison, the average company in Dividend Channel’s coverage universe yields 4.2% and trades at a price-to-book ratio of 2.5. Furthermore, the report underlines the robust quarterly dividend history at Universal Corp, alongside favorable long-term multi-year growth rates in key fundamental data points.

The report’s ethos draws from a value-driven investment perspective, focusing on researching the most robust and profitable companies that are trading at an attractive valuation. This goal is achieved through the proprietary DividendRank formula, which ranks the coverage universe based on profitability and valuation, to generate a list of the top ‘interesting’ stocks, offering investors a springboard for further research.

Universal Corp’s annualized dividend stands at $3.2/share, paid in quarterly installments, with the most recent dividend ex-date listed as 04/05/2024. The report highlights the long-term dividend history chart for UVV, emphasizing its pivotal role in assessing the likelihood of the most recent dividend continuing.