Universal Insurance Holdings Declares Cash Dividend of 16 Cents per Share

Rhea-AI Summary

Universal Insurance Holdings, Inc. (NYSE: UVE) has declared a quarterly cash dividend of 16 cents per share, payable on May 20, 2022, to shareholders on record as of May 13, 2022. This decision reflects the company's ongoing commitment to returning value to shareholders. Universal specializes in property and casualty insurance, primarily focusing on the residential homeowners market in Florida and across 19 states in the U.S.

Positive

• Quarterly cash dividend of 16 cents per share reinforces shareholder value.

Negative

• None.

FORT LAUDERDALE, Fla.--(BUSINESS WIRE)-- Universal Insurance Holdings, Inc. (NYSE: UVE) (“Universal” or the “Company”) announced today that its Board of Directors declared a quarterly cash dividend of 16 cents per share of common stock, payable on May 20, 2022, to shareholders of record as of the close of business on May 13, 2022.

About Universal

Universal Insurance Holdings, Inc. (NYSE: UVE) is a holding company offering property and casualty insurance and value-added insurance services. We develop, market, and write insurance products for consumers predominantly in the personal residential homeowners lines of business and perform substantially all other insurance-related services for our primary insurance entities, including risk management, claims management and distribution. We sell insurance products through both our appointed independent agents and through our direct online distribution channels in the United States across 19 states (primarily Florida). Learn more at UniversalInsuranceHoldings.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20220420005833/en/

Investor Relations Contact:

Arash Soleimani, CFA, CPA

Chief Strategy Officer

954-804-8874

asoleimani@universalproperty.com

Source: Universal Insurance Holdings, Inc.

FAQ

What is the dividend amount declared by Universal Insurance Holdings, Inc. (UVE)?

Universal Insurance Holdings, Inc. has declared a quarterly cash dividend of 16 cents per share.

When will the dividend be paid to shareholders of UVE?

The dividend will be paid on May 20, 2022.

What is the record date for the UVE dividend?

The record date for the dividend is May 13, 2022.

How often does Universal Insurance Holdings, Inc. pay dividends?

Universal Insurance Holdings, Inc. typically pays dividends quarterly.