Insider Selling: Universal Corp. VP Unloads 2,500 Shares of Stock (UVV)
Universal Corp. (NYSE:UVV) VP Preston Douglas Wigner sold 2,500 shares of the company’s stock in a transaction that occurred on Thursday, August 28th. The stock was sold at an average price of $51.00, for a total value of $127,500.00. Following the sale, the vice president now directly owns 34,382 shares in the company, valued at approximately $1,753,482. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link.
Universal Corp. (NYSE:UVV) traded up 1.40% during mid-day trading on Tuesday, hitting $53.50. The stock had a trading volume of 33,378 shares. Universal Corp. has a 52-week low of $48.48 and a 52-week high of $60.10. The stock’s 50-day moving average is $52.62 and its 200-day moving average is $54.48. The company has a market cap of $1.240 billion and a P/E ratio of 16.29.
The company also recently announced a quarterly dividend, which is scheduled for Monday, November 10th. Stockholders of record on Tuesday, October 14th will be paid a dividend of $0.51 per share. This represents a $2.04 annualized dividend and a dividend yield of 3.87%. The ex-dividend date is Thursday, October 9th.
Universal Corporation (NYSE:UVV) is a global leaf tobacco supplier.
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