Universal Insurance Holdings, Inc. (NYSE:UVE) Files An 8-K Other Events
ITEM8.01
| Other Events |
On January23, 2017, Universal Insurance Holdings, Inc. (Company)
announced that its Board of Directors declared a cash dividend on
the Companys common stock of $0.14 per share, payable on March2,
2017 to shareholders of record on February17, 2017. The Company
also announced that it expects to declare and pay a proposed
regular quarterly dividend during fiscal year 2017 of $0.14 per
share of the Companys common stock.
The announcement, a copy of which is attached hereto as Exhibit
99.1, is incorporated herein by reference.
| ITEM9.01 | Financial Statements and Exhibits |
| (d) | Exhibits: |
| 99.1 | Press Release dated January23, 2017 |
About Universal Insurance Holdings, Inc. (NYSE:UVE)
Universal Insurance Holdings, Inc. (UVE) is a private personal residential homeowners insurance company in Florida. The Company performs substantially all aspects of insurance underwriting, policy issuance, general administration, and claims processing and settlement internally. The Company writes personal residential homeowners insurance policies, predominantly in Florida. The Company also writes homeowners insurance policies in Delaware, Georgia, Hawaii, Indiana, Maryland, Massachusetts, Minnesota, North Carolina, Pennsylvania and South Carolina. The Company is also licensed to issue policies in Alabama, Michigan, New Hampshire, Virginia and West Virginia. It has a distribution network of approximately 7,800 licensed independent agents. Universal Property & Casualty Insurance Company (UPCIC) and American Platinum Property and Casualty Insurance Company (APPCIC, and together with UPCIC, the Insurance Entities) are its insurance operating subsidiaries. Universal Insurance Holdings, Inc. (NYSE:UVE) Recent Trading Information
Universal Insurance Holdings, Inc. (NYSE:UVE) closed its last trading session up +0.55 at 27.60 with 169,120 shares trading hands.
