This stock has a yield of 6.25% and sells for less than the book
Universal was named to the Top 25 Dividend Stocks, According to the Most Recent Dividend Channel “ Rank of dividends ” report. The report noted that among the hedging universe, UVV stocks displayed both attractive valuation metrics and strong profitability metrics. For example, the recent UVV stock price of $ 49.93 represents a price to book ratio of 0.9 and an annual dividend yield of 6.25%. -accounting ratio of 2.7. The report also cited the solid history of Universal’s quarterly dividends and favorable long-term, multi-year growth rates in key fundamental data points.
The Top 25 DividendRank‘ed Stocks’
The report said, ”Dividend investors who are considering investing from a value perspective are generally more interested in finding the strongest, most profitable companies, which are also trading at an attractive valuation. This is what we seek to find by using our exclusive DividendRank formula, which ranks the hedging universe according to our various profitability and valuation criteria, to generate a list of the most “interesting” stocks, intended for investors. as a source of ideas that deserves further research.”
The annualized dividend paid by Universal is $ 3.12 / share, currently paid in quarterly installments, and its most recent ex-dividend date was 8/10/2021. Below is a chart of the long-term dividend history for UVV, which the report highlighted as being of key importance. Indeed, studying a company’s past dividend history can be of great help in judging whether the most recent dividend is likely to continue.
For dividend growth stocks, check out our list of Dividend Aristocrats on the Dividend Channel or Top Dividends.