Universal Insurance Holdings, Inc. (UVE) Announces Quarterly Dividend of $0.10
Universal Insurance Holdings (NYSE:UVE) declared a quarterly dividend on Tuesday, August 26th, AnalystRatingsNetwork reports. Investors of record on Tuesday, September 23rd will be given a dividend of 0.10 per share on Wednesday, October 1st. This represents a $0.40 dividend on an annualized basis and a yield of 2.84%.
Shares of Universal Insurance Holdings (NYSE:UVE) traded up 0.86% during mid-day trading on Tuesday, hitting $14.10. 210,491 shares of the company’s stock traded hands. Universal Insurance Holdings has a one year low of $6.36 and a one year high of $15.42. The stock’s 50-day moving average is $12.83 and its 200-day moving average is $13.06. The company has a market cap of $478.9 million and a price-to-earnings ratio of 8.20.
Universal Insurance Holdings (NYSE:UVE) last announced its earnings results on Wednesday, August 6th. The company reported $0.49 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.37 by $0.12.
In other Universal Insurance Holdings news, COO Jon Springer sold 4,000 shares of Universal Insurance Holdings stock on the open market in a transaction that occurred on Friday, August 22nd. The stock was sold at an average price of $13.49, for a total value of $53,960.00. The sale was disclosed in a document filed with the SEC, which is available at this link.
Universal Insurance Holdings, Inc (NYSE:UVE) is a vertically integrated insurance company.
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