Universal Corporation (NYSE:UVV) has been named among the 12 Best Stocks to Buy Now for Passive Income. The company, with over 100 years of experience, operates globally and offers high-quality agricultural products across five continents. In the Q1 2025 earnings report, CEO Preston Douglas Wigner highlighted larger crop sizes and projected a more balanced supply throughout the fiscal year. Universal Corporation is also known for its consistent dividend growth, with 55 consecutive years of dividend increases, currently offering a 5.99% yield. While UVV is popular among income investors, some believe other AI stocks may offer greater potential.

Read more at Yahoo Finance: A Closer Look at Universal Corporation (UVV)