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Universal Corporation (UVV) Posts Solid Q3 as Tobacco Demand Holds Steady

Universal Corporation (NYSE:UVV) is included among the Dividend Champions, Contenders, and Challengers List: 15 Highest Yielding Stocks.

Universal Corporation (NYSE:UVV) reported its fiscal Q3 2026 results on February 9, with Chairman, President, and CEO Preston D. Wigner describing the quarter and the first nine months of the fiscal year as a solid stretch for the company. He said the tobacco business continued to hold up well, supported by steady demand across most tobacco types and smooth shipment activity. While he noted signs that the market could move toward oversupply, Wigner said Universal’s long-established sourcing network and deep local knowledge across its regions leave it well equipped to handle shifting conditions.

In the ingredients segment, Wigner said the Universal Ingredients business was able to keep revenue moving higher year to date despite a tougher operating environment. Softer customer demand and tariffs weighed on results, and quarterly performance was also pressured by higher fixed costs tied to recent investments. Even so, he said the focus remains on converting customer interest into actual orders and continuing to build out the company’s solutions-based offerings.

Wigner also pointed to steps taken to strengthen the company’s financial position. The refinancing and expansion of Universal’s credit facility in December 2025 improved liquidity and added flexibility, giving the company more room to pursue its strategic priorities. A meaningful increase in renewable electricity use across operations reflects concrete actions toward the company’s net-zero goals, while it continues to support farmers and strengthen its global supply chain.

Universal Corporation (NYSE:UVV) operates globally as an agricultural company, supplying products and customized solutions to meet evolving customer needs. Alongside its long-standing leaf tobacco business, the company continues to invest in growing its plant-based ingredients platform.

While we acknowledge the potential of UVV as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than UVV and that has a 100x upside potential, check out our report about the cheapest AI stock.

READ NEXT: 12 Unstoppable Dividend Stocks to Buy According to Analysts and 13 Best Long Term Low Risk Stocks to Buy Now

Disclosure: None.

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When Jeff Bezos said that one breakthrough technology would shape Amazon’s destiny, even Wall Street’s biggest analysts were caught off guard.

Fast forward a year and Amazon’s new CEO Andy Jassy described generative AI as a “once-in-a-lifetime” technology that is already being used across Amazon to reinvent customer experiences.

At the 8th Future Investment Initiative conference, Elon Musk predicted that by 2040 there would be at least 10 billion humanoid robots, with each priced between $20,000 and $25,000.

Do the math. According to Musk, this technology could be worth $250 trillion by 2040.

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  • 175 Teslas
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  • 140 Metas
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  • Bill Gates sees artificial intelligence as the “biggest technological advance in my lifetime,” more transformative than the internet or personal computer, capable of improving healthcare, education, and addressing climate change.
  • Larry Ellison — through Oracle, is spending billions on Nvidia chips and partnering with Cohere to embed generative AI across Oracle’s cloud and apps.
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