Universal Insurance Holdings, Inc. Declares Cash Dividend of $0.08 per Share
(firmenpresse) - FORT LAUDERDALE, FL -- (Marketwired) -- 04/18/13 -- (NYSE MKT: UVE) announced today that its board of directors declared a cash dividend of $0.08 per share to be paid on June 17, 2013, to shareholders of record on June 3, 2013. The dividend declaration is consistent with the Company's previously announced intention to declare a dividend of $0.08 per share in the second, third and fourth quarters of 2013. If declared and paid as intended, the annual dividend in 2013 would be $0.32 for each common share.
The declaration and payment of future dividends is subject to the board's discretion and will be dependent upon future earnings, cash flows, financial requirements, and other factors.
Universal Insurance Holdings, Inc., with its wholly-owned subsidiaries, is a vertically integrated insurance holding company performing all aspects of insurance underwriting, distribution and claims. Universal Property & Casualty Insurance Company (UPCIC), a wholly-owned subsidiary of the Company, is one of the three leading writers of homeowners insurance in Florida and is now fully licensed and has commenced its operations in North Carolina, South Carolina, Hawaii, Georgia, Massachusetts and Maryland. American Platinum Property and Casualty Insurance Company (APPCIC), also a wholly-owned subsidiary, currently writes homeowners multi-peril insurance on Florida homes valued in excess of $1 million, which are limits and coverages currently not targeted through its affiliate UPCIC. For additional information on the Company, please visit our investor relations website at .
This press release may contain "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. The words "believe," "expect," "anticipate," and similar expressions identify forward-looking statements, which speak only as of the date the statement was made. Such statements may include commentary on plans, products and lines of business, marketing arrangements, reinsurance programs and other business developments and assumptions relating to the foregoing. Forward-looking statements are inherently subject to risks and uncertainties, some of which cannot be predicted or quantified. Future results could differ materially from those described and the Company undertakes no obligation to correct or update any forward-looking statements. For further information regarding risk factors that could affect the Company's operations and future results, refer to the Company's reports filed with the Securities and Exchange Commission, including the Form 10-K for the year ended December 31, 2012.
Philip Kranz
Dresner Corporate Services
312-780-7240
Themen in dieser Pressemitteilung:
Unternehmensinformation / Kurzprofil:
Datum: 18.04.2013 - 20:10 Uhr
Sprache: Deutsch
News-ID 250677
Anzahl Zeichen: 0
contact information:
Town:
FORT LAUDERDALE, FL
Kategorie:
Insurance
Diese Pressemitteilung wurde bisher 228 mal aufgerufen.
Die Pressemitteilung mit dem Titel:
"Universal Insurance Holdings, Inc. Declares Cash Dividend of $0.08 per Share"
steht unter der journalistisch-redaktionellen Verantwortung von
Universal Insurance Holdings, Inc. (Nachricht senden)
Beachten Sie bitte die weiteren Informationen zum Haftungsauschluß (gemäß TMG - TeleMedianGesetz) und dem Datenschutz (gemäß der DSGVO).
