Dividend Kings List by Yield: Top 10 Stocks

2. Universal Corporation (NYSE:UVV)

Dividend Yield as of November 11: 5.72%

Universal Corporation (NYSE:UVV) is a Virginia-based tobacco company. In the first half of 2022, the company reported revenue of $1.08 billion, up 34.3% from the same period last year. At the end of September, it had over $58.8 million available in cash and cash equivalents. The company’s total current assets amounted to nearly $2 billion, up from $1.6 billion in the prior-year quarter.

On November 3, Universal Corporation (NYSE:UVV) declared a quarterly dividend of $0.79 per share, consistent with its previous dividend. The company has been raising its dividends consistently for the past 52 years, coming through as one of the best dividend stocks on our list. As of November 11, the stock has a dividend yield of 5.72%.

The number of hedge funds tracked by Insider Monkey owning stakes in Universal Corporation (NYSE:UVV) stood at 10 in Q2 2022, the same as in the preceding quarter. These stakes have a total value of over $83.8 million, compared with $85.6 million worth of stakes owned by hedge funds in the previous quarter.