Universal Corporation increases annual dividend to 81c per share

Universal Corporation declared a quarterly dividend of 81c per share on the common shares of the company, payable August 5, to common shareholders of record at the close of business on July 8. This increase indicates an annualized rate of $3.24 per common share and a yield of approximately 6.08% based on the $53.29 closing price on May 20. The Board of Directors set the date of the Annual Meeting of Shareholders as Tuesday, August 6.