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P.O. Box 25099 Richmond, VA 23260 o phone: (804) 359-9311 o fax (804) 254-3594
PRESS RELEASE
CONTACT RELEASE
Karen M. L. Whelan Immediately
Phone: (804) 359-9311
Fax: (804) 254-3594
Email: [email protected]
Universal Corporation Announces 30th Annual Dividend Increase
Richmond, VA, December 8, 2000 / PRNEWSWIRE
Henry H. Harrell, Chairman and Chief Executive Officer of Universal
Corporation announced that the company's Board of Directors has declared a
regular quarterly dividend of thirty-two cents ($.32) per share on the common
shares of the Company, payable February 12, 2001, to common shareholders of
record at the close of business on January 8, 2001. This represents an increase
of over 3.2% or $.01 per share per quarter and indicates an annualized rate of
$1.28 per share. Universal has raised its common dividend every year since 1971,
a record of 30 consecutive increases.
Universal Corporation (UVV:NYSE) is a diversified company with
operations in tobacco, lumber, and agri-products. Its gross revenues for the
fiscal year that ended on June 30, 2000, were approximately $3.4 billion. For
more information, visit Universal's web site at www.universalcorp.com.
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