Universal Corporation Announces Quarterly Dividends and Sets Annual Meeting Date
d Chief Executive Officer of Universal Corporation (NYSE: UVV),
announced today that the Company's Board of Directors declared a quarterly
dividend of
forty-five cents ($0.45) per share on the common shares of the
Company, payable
August 11, 2008, to common shareholders of record at the
close of business on
July 14, 2008.
In addition, the Board of Directors declared a quarterly dividend of
$16.875 per share on the Series B 6.75% Convertible Perpetual Preferred Stock
('Series B Preferred Stock'), payable June 16, 2008, to shareholders of record
as of 5:00 p.m. Eastern Time on June 1, 2008.
The Board of Directors set the date of the Annual Meeting of Shareholders
as Tuesday, August 5, 2008, to be held at 2:00 p.m. at the Company's
headquarters building. The Board of Directors set the record date for the
Annual Meeting of Shareholders as June 17, 2008.
Headquartered in Richmond, Virginia, Universal Corporation is one of the
world's leading tobacco merchants and processors and conducts business in more
than 35 countries. Its revenues from continuing operations for the fiscal
year ended March 31, 2007, were $2.0 billion. For more information on
Universal Corporation, visit its web site at www.universalcorp.com.
SOURCE Universal Corporation
