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Universal Insurance Holdings Declares Regular and Special Cash Dividends Totaling 29 Cents per Share

November 14, 2019 GMT

FORT LAUDERDALE, Fla.--(BUSINESS WIRE)--Nov 14, 2019--

Universal Insurance Holdings, Inc. (NYSE: UVE) announced today that its Board of Directors has declared a quarterly regular and special cash dividend, together totaling 29 cents per share of common stock, payable December 20, 2019, to shareholders of record as of the close of business on December 13, 2019. The 29 cents per share dividend consists of a regular quarterly cash dividend of 16 cents per share and a special cash dividend of 13 cents per share, bringing the total regular and special dividends declared in 2019 to 77 cents per share.

About Universal Insurance Holdings, Inc.

Universal Insurance Holdings (UVE) is a holding company offering property and casualty insurance and value-added insurance services. We develop, market, and write insurance products for consumers predominantly in the personal residential homeowners lines of business and perform substantially all other insurance-related services for our primary insurance entities, including risk management, claims management and distribution. We sell insurance products through both our appointed independent agents and through our direct online distribution channels in the United States across 18 states (primarily Florida). Learn more at UniversalInsuranceHoldings.com.

View source version on businesswire.com:https://www.businesswire.com/news/home/20191114005537/en/

CONTACT: Investor Relations Contact:

Rob Luther, 954-958-1200 ext. 6750

VP, Corporate Development, Strategy & IR

rluther@universalproperty.comMedia Relations Contact:

Andy Brimmer / Mahmoud Siddig, 212-355-4449

Joele Frank, Wilkinson Brimmer Katcher

KEYWORD: UNITED STATES NORTH AMERICA FLORIDA

INDUSTRY KEYWORD: INSURANCE PROFESSIONAL SERVICES

SOURCE: Universal Insurance Holdings, Inc.

Copyright Business Wire 2019.

PUB: 11/14/2019 04:15 PM/DISC: 11/14/2019 04:15 PM

http://www.businesswire.com/news/home/20191114005537/en