Looking at the universe of stocks we cover at Dividend Channel , on 4/10/15, Universal Corp. (Symbol: UVV) will trade ex-dividend, for its quarterly dividend of $0.52, payable on 5/11/15. As a percentage of UVV's recent stock price of $47.42, this dividend works out to approximately 1.10%, so look for shares of Universal Corp. to trade 1.10% lower - all else being equal - when UVV shares open for trading on 4/10/15.
In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from UVV is likely to continue, and whether the current estimated yield of 4.39% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of UVV shares, versus its 200 day moving average:
Looking at the chart above, UVV's low point in its 52 week range is $38.30 per share, with $57.35 as the 52 week high point - that compares with a last trade of $47.42.
According to the ETF Finder at ETF Channel, UVV makes up 2.40% of the PowerShares High Yield Equity Dividend Achievers Portfolio ETF (Symbol: PEY) which is trading higher by about 0.1% on the day Wednesday.
In Wednesday trading, Universal Corp. shares are currently down about 0.3% on the day.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.