Should You Buy Universal Corporation (NYSE:UVV) Based On These Aspects?

Attractive stocks have exceptional fundamentals. In the case of Universal Corporation (NYSE:UVV), there’s is a notable dividend payer that has been able to sustain great financial health over the past. Below is a brief commentary on these key aspects. If you’re interested in understanding beyond my high-level commentary, read the full report on Universal here.

Flawless balance sheet established dividend payer

UVV is financially robust, with ample cash on hand and short-term investments to meet upcoming liabilities. This indicates that UVV has sufficient cash flows and proper cash management in place, which is a crucial insight into the health of the company. UVV seems to have put its debt to good use, generating operating cash levels of 0.2x total debt in the most recent year. This is also a good indication as to whether debt is properly covered by the company’s cash flows.

NYSE:UVV Historical Debt June 25th 18

UVV’s reputation for being one of the best dividend payers in the market is supported by the fact that it has been steadily growing its dividend payments over the past ten years and currently is one of the top yielding companies on the markets, at 4.54%.

NYSE:UVV Historical Dividend Yield June 25th 18

Next Steps:

For Universal, I’ve compiled three essential factors you should further research:

1. Future Outlook: What are well-informed industry analysts predicting for UVV’s future growth? Take a look at our free research report of analyst consensus for UVV’s outlook.

2. Historical Performance: What has UVV’s returns been like over the past? Go into more detail in the past track record analysis and take a look at the free visual representations of our analysis for more clarity.

3. Other Attractive Alternatives : Are there other well-rounded stocks you could be holding instead of UVV? Explore our interactive list of stocks with large potential to get an idea of what else is out there you may be missing!

To help readers see pass the short term volatility of the financial market, we aim to bring you a long-term focused research analysis purely driven by fundamental data. Note that our analysis does not factor in the latest price sensitive company announcements.

The author is an independent contributor and at the time of publication had no position in the stocks mentioned.