United Insurance Holdings Corp. Declares Quarterly Cash Dividend of $0.06 Per Share

Rhea-AI Summary

United Insurance Holdings Corp. (UIHC) has announced a cash dividend of $0.06 per share, payable on March 16, 2022, to shareholders on record as of March 9, 2022. The company, which specializes in property and casualty insurance, operates across several states including Florida, Louisiana, New York, Texas, Georgia, South Carolina, North Carolina, and Massachusetts. Founded in 1999, UIHC manages all aspects of insurance through its wholly owned subsidiaries.

Positive

• Cash dividend of $0.06 per share enhances shareholder returns.

Negative

• None.

ST. PETERSBURG, Fla.--(BUSINESS WIRE)-- United Insurance Holdings Corp. (Nasdaq: UIHC) (UPC Insurance or the Company), a property and casualty insurance holding company, announced today that its Board of Directors declared a cash dividend of $0.06 per share of common stock outstanding, payable in cash on March 16, 2022 to shareholders of record on March 9, 2022.

About UPC Insurance

Founded in 1999, UPC Insurance is an insurance holding company that sources, writes and services personal and commercial residential property and casualty insurance policies using a group of wholly owned insurance subsidiaries and one majority owned insurance subsidiary through a variety of distribution channels. The Company currently writes policies in Florida, Louisiana, New York, and Texas. The Company also writes policies in Georgia, South Carolina, North Carolina and Massachusetts, where renewal rights have been sold and all premiums and losses are ceded. From its headquarters in St. Petersburg, UPC Insurance's team of dedicated professionals manages a completely integrated insurance company, including sales, underwriting, customer service and claims.

View source version on businesswire.com: https://www.businesswire.com/news/home/20220223005985/en/

United Insurance Holdings Corp.

Jessica Barclay

Deputy CFO

(727) 895-7737 / jstrathman@upcinsurance.com

OR

INVESTOR RELATIONS:

The Equity Group

Karin Daly

Vice-President

(212) 836-9623 / kdaly@equityny.com

Source: United Insurance Holdings Corp.

FAQ

What is the dividend amount declared by UIHC?

United Insurance Holdings Corp. declared a dividend of $0.06 per share.

When is the dividend payment date for UIHC?

The dividend will be paid on March 16, 2022.

Who is eligible to receive the dividend from UIHC?

Shareholders on record as of March 9, 2022, are eligible to receive the dividend.

In which states does UIHC operate?

UIHC operates in Florida, Louisiana, New York, Texas, Georgia, South Carolina, North Carolina, and Massachusetts.