Universal Insurance Holdings (UVE) Declared $0.10 Per Share Dividend
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Universal Insurance Holdings, Inc. (AMEX: UVE) declared a dividend of $0.10 per share on its common stock. The dividend is payable on October 30, 2008 to shareholders of record as of October 2, 2008.
The board of directors' decision to declare a dividend of ten cents reflects the Company's positive results and profits during the second quarter ended June 30, 2008. The board intends to evaluate the possibility of paying future dividends on a quarter-by-quarter basis.
(NOTE - The past four dividends issued by the company: 7-Jul-08 $0.10 Dividend, 6-Mar-08 $0.09 Dividend, 25-Sep-07 $0.08 Dividend, and 18-Jul-07 $0.07 Dividend)
Universal Insurance Holdings, Inc. (UIH) is a vertically integrated insurance holding company, which, through its various subsidiaries, covers substantially all aspects of insurance underwriting, distribution and claims processing.[SM]
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