American Coastal Insurance Corporation operates as a property and casualty insurance holding company that sources, writes, and services residential personal and commercial property, and casualty insurance policies in the United States. The company offers structure, content, and liability coverage for standard single-family homeowners, renters, and condominium unit owners. It also provides commercial multi-peril property insurance for residential condominium associations and apartments, as well as loss or damage to buildings, inventory, and equipment caused by fire, wind, hail, water, theft, and vandalism. In addition, the company offers equipment breakdown, identity theft, cyber security, and flood policies. The company markets and distributes its products through a network of independent agencies. The company was formerly known as United Insurance Holdings Corp. and changed its name to American Coastal Insurance Corporation in August 2023. American Coastal Insurance Corporation was founded in 1999 and is headquartered in Saint Petersburg, Florida.
American Coastal Insurance Dividend Announcement
• American Coastal Insurance announced a quarterly dividend of $0.06 per ordinary share which will be made payable on 2022-03-16. Ex dividend date: 2022-03-08
• American Coastal Insurance's trailing twelve-month (TTM) dividend yield is -%
American Coastal Insurance Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2022-03-08 | $0.06 | quarterly | 2022-03-16 |
2021-11-19 | $0.06 | quarterly | 2021-11-29 |
2021-08-09 | $0.06 | quarterly | 2021-08-17 |
2021-05-14 | $0.06 | quarterly | 2021-05-24 |
2021-03-01 | $0.06 | quarterly | 2021-03-09 |
2020-11-20 | $0.06 | quarterly | 2020-11-30 |
2020-08-10 | $0.06 | quarterly | 2020-08-18 |
2020-05-18 | $0.06 | quarterly | 2020-05-26 |
2020-03-03 | $0.06 | quarterly | 2020-03-11 |
2019-11-18 | $0.06 | quarterly | 2019-11-26 |
2019-08-13 | $0.06 | quarterly | 2019-08-21 |
2019-05-13 | $0.06 | quarterly | 2019-05-21 |
2019-03-05 | $0.06 | quarterly | 2019-03-13 |
2018-11-19 | $0.06 | quarterly | 2018-11-27 |
2018-08-10 | $0.06 | quarterly | 2018-08-20 |
2018-05-21 | $0.06 | quarterly | 2018-05-29 |
2018-03-06 | $0.06 | quarterly | 2018-03-14 |
2017-11-21 | $0.06 | quarterly | 2017-11-29 |
2017-08-17 | $0.06 | quarterly | 2017-08-28 |
2017-05-19 | $0.06 | quarterly | 2017-05-30 |
2017-03-06 | $0.06 | quarterly | 2017-03-15 |
2016-11-21 | $0.06 | quarterly | |
2016-08-19 | $0.06 | quarterly | |
2016-05-17 | $0.06 | quarterly | |
2016-03-02 | $0.05 | quarterly | |
2015-11-18 | $0.05 | quarterly | |
2015-08-19 | $0.05 | quarterly | |
2015-05-20 | $0.05 | quarterly | |
2015-02-25 | $0.05 | quarterly | |
2014-11-19 | $0.04 | quarterly | |
2014-08-13 | $0.04 | quarterly | |
2014-05-14 | $0.04 | quarterly | |
2014-03-12 | $0.04 | quarterly | |
2013-11-26 | $0.03 | quarterly | |
2013-08-28 | $0.03 | quarterly | |
2013-05-29 | $0.03 | quarterly | |
2013-03-18 | $0.03 | quarterly | |
2012-12-26 | $0.03 | quarterly | |
2012-03-22 | $0.05 | quarterly | |
2011-11-28 | $0.05 | quarterly |
American Coastal Insurance Dividend per year
American Coastal Insurance Dividend growth
American Coastal Insurance Dividend Yield
American Coastal Insurance current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing American Coastal Insurance stock? Use our calculator to estimate your expected dividend yield:
American Coastal Insurance Financial Ratios
American Coastal Insurance Dividend FAQ
Other factors to consider when evaluating American Coastal Insurance as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
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1. Determination of Dividend: American Coastal Insurance's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, American Coastal Insurance publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, American Coastal Insurance distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from American Coastal Insurance are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
1. Record Date: American Coastal Insurance sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, American Coastal Insurance distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: American Coastal Insurance declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
To assess the safety of American Coastal Insurance's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review American Coastal Insurance's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.