Universal Corporation: Tactical, Liquid Diversifier For The Equity Bucket

PPAMPicture Investment Summary Buying passive equity interests in high-quality companies typically involves two distinct routes: The distinctive factor typically is the maturity phase of the company. That is, companies that have been in existence for a long period are in a mature phase, and vice versa. They still throw off piles of cash, just don't have the opportunities to reinvest it. So they return it to you, the shareholder, for you to invest (or spend). Such is the case for Universal Corporation (NYSE: ...