Universal Insurance Holdings(NYSE:UVE) Declares Dividend of $0.1400.

Universal Insurance Holdings (NYSE:UVE) had declared a cash dividend of $0.1400 on Apr 13, 2016. The shares will quote ex-dividend on Jun 13, 2016 and the record date has been fixed on Jun 15, 2016. At Apr 13, 2016 share price, the yield comes out to be 3.2464%. The dividend payable date has been fixed on Jul 5, 2016.

Universal Insurance Holdings (UVE) shares turned negative on Fridays trading session with the shares closing down -0.1 points or -0.59% at a volume of 1,47,792. The pessimistic mood was evident in the company shares which never went considerably beyond the level of $16.97. The peak price level was also seen at $16.97 while the days lowest was $16.79. Finally the shares closed at $16.86. The 52-week high of the shares is $37.49 while the 52-week low is $15.86. According to the latest information available, the market cap of the company is $592 M.

Universal Insurance Holdings(UVE) last announced its earnings results on Feb 24, 2016 for Fiscal Year 2015 and Q4.Company reported revenue of $162.10M. Analysts had an estimated revenue of $158.74M. Earnings per share were $0.82. Analysts had estimated an EPS of $0.72.

Several Insider Transactions has been reported to the SEC. On Nov 27, 2015, Stephen Donaghy (officer ) purchased 19,705 shares at $20.30 per share price.Also, On Nov 25, 2015, Frank Wilcox (CFO) purchased 2,300 shares at $21.23 per share price.On Nov 25, 2015, Michael Pietrangelo (director) purchased 2,000 shares at $20.26 per share price, according to the Form-4 filing with the securities and exchange commission.

Universal Insurance Holdings Inc. (UIH) with its wholly owned subsidiaries is a vertically integrated insurance holding company performing all aspects of insurance underwriting distribution and claims. The Company’s offers homeowners’ insurance through the Insurance Entities Universal Property & Casualty Insurance Company (UPCIC) and American Platinum Property and Casualty Insurance Company (APPCIC). Substantially all aspects of insurance underwriting distribution and claims processing are performed by the Company’s subsidiaries. UPCIC a wholly owned subsidiary of the Company is a writer of homeowners insurance in Florida and has commenced its operations in North Carolina South Carolina Hawaii Georgia Massachusetts Maryland Delaware and Indiana. APPCIC also a wholly owned subsidiary writes homeowners multi-peril insurance on Florida homes valued in excess of $1 million which are limits and coverages currently not targeted through its affiliate UPCIC.

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