UVV - Universal Corporation: A Potential Yield Trap With Little Future Upside

Universal Corporation (UVV) is a bit of a unique company within the mainstream tobacco space. Rather than manufacture different brands of consumer tobacco and nicotine products, the company is entrenched in the supply chain aspect of the sector. Universal grows tobacco and sells it to the major tobacco brands throughout the world. This would include China Tobacco International, as well as publicly traded entities such as Altria Group (MO), Philip Morris International (PM), and British American Tobacco (BTI). The company's top six customers (all major tobacco product

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