Universal Corp dividend history

Universal Corp's dividend was $3.28 a share in fiscal 2026, up 1.2% on the year before. That was 249.1% of net income. It has raised its dividend per share every year since fiscal 2010, as far back as our figures go.

Dividends, buybacks and capital spending

Dividends (TTM): $81.7M
Buybacks, last 3 fiscal years: $4.7M
Diluted share count: +0.1%; year over year
Total shareholder yield: 8.1%; dividends 8.1% + buybacks 0.0% of market value
Dividend payout ratio: 427%; of net income paid out
Sales & admin spending: 10.7%; of revenue
Days sales outstanding: 45 days; receivables vs revenue

Dividends by fiscal year

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Universal Corp: dividends by fiscal year, annual
Fiscal year	2010Mar 2010	2011Mar 2011	2012Mar 2012	2013Mar 2013	2014Mar 2014	2015Mar 2015	2016Mar 2016	2017Mar 2017	2018Mar 2018	2019Mar 2019	2020Mar 2020	2021Mar 2021	2022Mar 2022	2023Mar 2023	2024Mar 2024	2025Mar 2025	2026Mar 2026	LTMJun 2026
Dividend per share	$1.86	$1.90	$1.94	$1.98	$2.02	$2.06	$2.10	$2.14	$2.18	$3.00	$3.04	$3.08	$3.12	$3.16	$3.20	$3.24	$3.28	—
Dividend per share growth	—	+2.2%	+2.1%	+2.1%	+2.0%	+2.0%	+1.9%	+1.9%	+1.9%	+37.6%	+1.3%	+1.3%	+1.3%	+1.3%	+1.3%	+1.3%	+1.2%	—
Dividends paid	46	45	45	46	47	47	47	50	55	70	75	75	76	77	78	80	81	82
Share buybacks	32	47	4	8	14	31	0	0	22	1	33	0	3	3	5	0	0	—
Dividends ÷ net income	27.2%	28.9%	48.6%	34.6%	31.4%	41.3%	43.5%	46.9%	51.8%	67.1%	105.1%	86.0%	88.3%	62.4%	65.6%	83.8%	249.1%	427.3%
Dividends ÷ free cash flow	43.8%	300.4%	27.7%	22.6%	—	28.0%	34.0%	23.2%	115.9%	55.6%	—	48.7%	—	—	—	30.1%	101.3%	49.7%

Dividend per share is the amount declared for the fiscal year as stated in the company's filings (including any special dividend), restated for stock splits and checked against the cash dividends paid. Dividends paid and buybacks are cash amounts; the last-twelve-months column can include an extra payment when a quarter-end date moves.

Recent dividend announcements

August 5, 2026 Universal Corporation Announces Quarterly Dividend Source

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Figures from Universal Corp's SEC filings (10-K and 10-Q), retrieved October 26, 2026. How we read and check them: methodology and data sources. Not investment advice. Back to Universal Corp.