Insider Selling: Universal Corp. COO Sells 8,916 Shares of Stock (UVV)
Universal Corp. (NYSE:UVV) COO W Keith Brewer unloaded 8,916 shares of the company’s stock in a transaction that occurred on Tuesday, August 12th. The shares were sold at an average price of $52.00, for a total value of $463,632.00. Following the completion of the transaction, the chief operating officer now directly owns 82,425 shares of the company’s stock, valued at approximately $4,286,100. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.
Universal Corp. (NYSE:UVV) traded up 0.44% on Wednesday, hitting $52.24. The stock had a trading volume of 72,279 shares. Universal Corp. has a one year low of $48.13 and a one year high of $60.10. The stock has a 50-day moving average of $54.05 and a 200-day moving average of $54.57. The company has a market cap of $1.210 billion and a price-to-earnings ratio of 16.06.
The company also recently declared a quarterly dividend, which is scheduled for Monday, November 10th. Stockholders of record on Tuesday, October 14th will be given a dividend of $0.51 per share. This represents a $2.04 dividend on an annualized basis and a yield of 3.92%. The ex-dividend date of this dividend is Thursday, October 9th.
Universal Corporation (NYSE:UVV) is a global leaf tobacco supplier.
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