Heritage Insurance Holdings, Inc. Reports Financial Results for First Quarter of 2016; Increases Share Repurchase Authorization by $50 Million and Cash Dividend by 20%

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Go back to Heritage Insurance Holdings, Inc. Reports Financial Results for First Quarter of 2016; Increases Share Repurchase Authorization by $50 Million and Cash Dividend by 20%

Heritage Insurance (HRTG) Declares $0.05 Quarterly Dividend; 1.5% Yield

May 4, 2016 6:33 PM EDT

Heritage Insurance (NYSE: HRTG) declared a quarterly dividend of $0.05 per share, or $0.2 annualized.

The dividend will be payable on July 1, 2016, to stockholders of record on June 15, 2016, with an ex-dividend date of June 13, 2016.

The annual yield on the dividend is 1.5 percent.

For... More

Heritage Insurance (HRTG) Misses Q1 EPS by 29c; Adds $50M to Stock Buyback Plan

May 4, 2016 6:33 PM EDT

Heritage Insurance (NYSE: HRTG) reported Q1 EPS of $0.24, $0.29 worse than the analyst estimate of $0.53. Revenue for the quarter came in at $111.57 million versus the consensus estimate of $104.44 million.

The Company also announced that its Board of Directors has increased the Company's share repurchase... More