Universal Insurance (UVE) Raises Quarterly Dividend 14.3% to $0.16; 1.8% Yield

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Go back to Universal Insurance (UVE) Raises Quarterly Dividend 14.3% to $0.16; 1.8% Yield

Factbox: Hurricane season U.S. stocks to watch

May 27, 2018 8:24 PM EDT

NEW YORK (Reuters) - Several Atlantic Ocean hurricanes in 2017 wrought heavy damage in the Caribbean and U.S. mainland, but for U.S. stocks in several industries, including hotels and transportation, they were a tailwind.

The first named storm of the 2018 hurricane season, Subtropical Storm Alberto, is projected to make landfall on Monday. Alberto forced the evacuation of oil workers in the U.S. Gulf of Mexico on Friday.

In 2017, the hurricane season, which typically runs from June to November, caused more than $250 billion worth of damage in the United States. Hurricane Harvey struck the Houston... More