Universal declares quarterly dividends

Universal Corporation’s board of directors has declared a quarterly dividend of $0.52 per share on the company’s common shares, payable on August 10 to shareholders of record at the close of business on July 13.

The board declared also a quarterly dividend of $16.875 per share on its Series B 6.75 percent Convertible Perpetual Preferred Stock, payable on June 15 to shareholders of record as of 17.00 Eastern Time on June 1.

At the same time, the board set the date of the Annual Meeting of Shareholders as August 4. It will be held from 14.00 at the company’s headquarters building. The board set the record date for the meeting as June 12.