Universal Insurance (UVE) Declares $0.14 Quarterly Dividend; 3.2% Yield
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Universal Insurance Holdings, Inc. Announces Quarterly Dividend Of $0.14 Per Share
April 13, 2016 4:15 PM EDTFORT LAUDERDALE, Fla., April 13, 2016 /PRNewswire/ -- Universal Insurance Holdings, Inc. (NYSE: UVE) announced today that its Board of Directors declared a cash dividend of $0.14 per share of common stock to be paid on July 5, 2016 to shareholders of record on June 15, 2016. If declared and paid as intended, the annual aggregate dividend in 2016 will be $0.56 for each common share.
The declaration and payment of future dividends is subject to the Board's discretion and will be dependent upon future earnings, cash flows, financial requirements, and other factors.
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