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United Insurance Holdings Corp. Declares Quarterly Cash Dividend of $0.06 Per Share
Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Neutral)
Tags
dividends
Rhea-AI Summary
United Insurance Holdings Corp. (UIHC) has declared a cash dividend of $0.06 per share on November 29, 2021. This payment is designated for shareholders on record as of November 22, 2021. The company, specializing in property and casualty insurance, operates across several U.S. states, including Florida, Georgia, and Texas. This announcement reflects the company's ongoing commitment to returning value to its shareholders.
Positive
Declared cash dividend of $0.06 per share, reinforcing shareholder value.
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 November 29, 2021 to shareholders of record on November 22, 2021.
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, Georgia, Louisiana, New York, North Carolina, South Carolina, and Texas. The Company also writes policies in Connecticut, Massachusetts, New Jersey, and Rhode Island 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.
INVESTOR RELATIONS:
The Equity Group
Adam Prior Senior Vice-President
(212) 836-9606 / aprior@equityny.com
Source: United Insurance Holdings Corp.
FAQ
What is the dividend amount declared by UIHC?
United Insurance Holdings Corp. declared a cash dividend of $0.06 per share.
When will the dividend be paid to shareholders of UIHC?
The dividend will be payable on November 29, 2021.
Who are the shareholders eligible for the UIHC dividend?
Shareholders of record on November 22, 2021, are eligible for the dividend.
What type of insurance does UIHC offer?
UIHC offers property and casualty insurance policies.
In which states does UIHC operate?
UIHC writes insurance policies in states including Florida, Georgia, Louisiana, New York, North Carolina, South Carolina, Texas, Connecticut, Massachusetts, New Jersey, and Rhode Island.
