Universal Insurance Holdings's latest quarterly cash dividend of $0.16 per share was issued to shareholders on record before Mar 7, 2024. The dividend distribution stands at $0.64 per share annually, which comes to a dividend yield of 3.26%.
Universal Insurance Holdings's dividend yield of 3.26% is higher than the industry and its peers average but lower than the Financial Services sector average. If we compare it with the Financial Services sector average of 3.44%, Universal Insurance Holdings's dividend yield is 5% lower. The historical 5-year average of UVE's dividend yield is 3.9%, which is more than the current one.
Universal Insurance Holdings has been paying dividends for the last 18 years. Our records show that UVE has distributed five dividends in the past year. This includes four regular and one special dividends. The annualized dividend per share has remained the same since twelve months ago. However with the price of the stock up by 2.5% from a year ago, the dividend yield has a decrease of 2.5%.
Ex-date | Payment date | Declared on | Amount | Type |
---|---|---|---|---|
Mar 7, 2024 | Mar 15, 2024 | Feb 8, 2024 | $0.16 | normal |
Dec 7, 2023 | Dec 15, 2023 | Nov 15, 2023 | $0.16 | normal |
Dec 7, 2023 | Dec 15, 2023 | Nov 15, 2023 | $0.13 | special |
Aug 3, 2023 | Aug 11, 2023 | Jul 20, 2023 | $0.16 | normal |
May 11, 2023 | May 19, 2023 | Apr 12, 2023 | $0.16 | normal |
Mar 8, 2023 | Mar 16, 2023 | Feb 9, 2023 | $0.16 | normal |
Dec 8, 2022 | Dec 16, 2022 | Nov 14, 2022 | $0.16 | normal |
Dec 8, 2022 | Dec 16, 2022 | Nov 14, 2022 | $0.13 | special |
Aug 1, 2022 | Aug 9, 2022 | Jul 19, 2022 | $0.16 | normal |
May 12, 2022 | May 20, 2022 | Apr 20, 2022 | $0.16 | normal |
Mar 9, 2022 | Mar 17, 2022 | Feb 10, 2022 | $0.16 | normal |
Dec 9, 2021 | Dec 17, 2021 | Nov 15, 2021 | $0.13 | special |
Dec 9, 2021 | Dec 17, 2021 | Nov 15, 2021 | $0.16 | normal |
Jul 30, 2021 | Aug 9, 2021 | Jul 19, 2021 | $0.16 | normal |
May 13, 2021 | May 21, 2021 | Apr 22, 2021 | $0.16 | normal |
Mar 10, 2021 | Mar 18, 2021 | Mar 1, 2021 | $0.16 | normal |
Dec 10, 2020 | Dec 18, 2020 | Nov 16, 2020 | $0.13 | special |
Dec 10, 2020 | Dec 18, 2020 | Nov 16, 2020 | $0.16 | normal |
Jul 30, 2020 | Aug 7, 2020 | Jul 6, 2020 | $0.16 | normal |
May 13, 2020 | May 21, 2020 | Apr 16, 2020 | $0.16 | normal |
Mar 11, 2020 | Mar 19, 2020 | Feb 11, 2020 | $0.16 | normal |
Dec 12, 2019 | Dec 20, 2019 | Nov 14, 2019 | $0.13 | special |
Dec 12, 2019 | Dec 20, 2019 | Nov 14, 2019 | $0.16 | normal |
Jul 2, 2019 | Jul 17, 2019 | Jun 5, 2019 | $0.16 | normal |
May 2, 2019 | May 10, 2019 | Apr 10, 2019 | $0.16 | normal |
Mar 8, 2019 | Mar 25, 2019 | Jan 31, 2019 | $0.16 | normal |
Nov 26, 2018 | Dec 4, 2018 | Nov 16, 2018 | $0.16 | normal |
Nov 26, 2018 | Dec 4, 2018 | Nov 16, 2018 | $0.13 | special |
Jun 29, 2018 | Jul 16, 2018 | May 29, 2018 | $0.16 | normal |
Apr 26, 2018 | May 4, 2018 | Apr 12, 2018 | $0.14 | normal |
Feb 27, 2018 | Mar 12, 2018 | Jan 23, 2018 | $0.14 | normal |
Nov 24, 2017 | Dec 4, 2017 | Nov 16, 2017 | $0.13 | special |
Nov 24, 2017 | Dec 4, 2017 | Nov 16, 2017 | $0.14 | normal |
Sep 11, 2017 | Oct 24, 2017 | Aug 31, 2017 | $0.14 | normal |
Jun 12, 2017 | Jul 3, 2017 | Apr 12, 2017 | $0.14 | normal |
Feb 15, 2017 | Mar 2, 2017 | Jan 23, 2017 | $0.14 | normal |
Nov 29, 2016 | Dec 12, 2016 | Nov 15, 2016 | $0.14 | normal |
Nov 29, 2016 | Dec 12, 2016 | Nov 15, 2016 | $0.13 | special |
Sep 8, 2016 | Oct 24, 2016 | Aug 31, 2016 | $0.14 | normal |
Universal Insurance Holdings's payout ratio of 28.6% is above the industry average but below the Financial Services sector and its peers average. Compared to its Financial Services sector average of 39.5%, Universal Insurance Holdings's payout ratio is 28% lower.
Name | Dividend yield | DPS | Payout ratio |
---|---|---|---|
UVE Universal Insurance Holdings Inc | 3.26% | $0.64 | 28.6% |
HTH Hilltop Holdings Inc | 2.17% | $0.65 | 38.5% |
HCI HCI Group Inc | 1.43% | $1.6 | 17.5% |
ERIE Erie Indemnity Co | 1.29% | $4.93 | 51.5% |
KINS Kingstone Companies Inc | N/A | N/A | N/A |
HRTG Heritage Insurance Holdings Inc | N/A | N/A | N/A |
Yes, Universal Insurance Holdings has paid five dividends in the last twelve months. UVE has been paying dividends since 2006.
UVE's next dividend is scheduled on May 9, 2024 (ex-date).
Universal Insurance Holdings's last dividend ex-date was on Mar 7, 2024. The dividend amount was $0.16 per share.
On an annual basis UVE pays $0.64 per share.
Universal Insurance Holdings's current dividend yield is 3.26%.
Universal Insurance Holdings has a quarterly dividend frequency.
Universal Insurance Holdings's dividend payout ratio is 28.6%.
Universal Insurance Holdings's dividend yield is less than the Financial Services sector average.