Universal Insurance Holdings, Inc. Announces Quarterly Dividend, Payable on March 2, 2016
January 14, 2016 at 09:15 pm
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Universal Insurance Holdings Inc. announced that its Board of Directors declared an increased quarterly dividend of $0.14 per share of common stock, up $0.02 from the $0.12 per share paid during the first three quarters of 2015. Payment will be made on March 2, 2016 to shareholders of record on February 18, 2016. If declared and paid as intended, the annual aggregate dividend in 2016 will be $0.56 for each common share.
Universal Insurance Holdings, Inc. is a holding company that offers property and casualty insurance and value-added insurance services. It develops, markets, and underwrites insurance products for consumers in the personal residential homeownerâs lines of business and other insurance-related services for its insurance entities, including risk management, claims management, and distribution. Its primary insurance entities include Universal Property & Casualty Insurance Company (UPCIC) and American Platinum Property and Casualty Insurance Company. UPCIC distributes policies through its independent agency force and offers various types of personal residential insurance, such as homeowners, renters/tenants, condo unit owners, and dwelling/fire. It also offers allied lines, coverage for other structures, and personal property, liability, and personal articles coverages. Through its subsidiary, Evolution Risk Advisors, Inc., it advises on actuarial issues and administers claims payments.
UNIVERSAL INSURANCE HOLDINGS, INC. 
