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NEW YORK ( TheStreet) -- The ex-dividend date for Universal Corporation (NYSE: UVV) is tomorrow, April 4, 2012. Owners of shares as of market close today will be eligible for a dividend of 49 cents per share. At a price of $47.24 as of 9:30 a.m. ET, the dividend yield is 4.2%. The average volume for Universal has been 350,700 shares per day over the past 30 days. Universal has a market cap of $1.06 billion and is part of the consumer goods sector and tobacco industry. Shares are up 3.1% year to date as of the close of trading on Monday. Universal Corporation, through its subsidiaries, operates as a leaf tobacco merchant and processor primarily in North America, South America, Africa, Europe, and Asia. The company has a P/E ratio of 14.1, below the average tobacco industry P/E ratio of 16.3 and below the S&P 500 P/E ratio of 17.7.