Universal Insurance Holdings, Inc., together with its subsidiaries, operates as an integrated insurance holding company in the United States. The company develops, markets, and underwrites insurance products for personal residential insurance, such as homeowners, renters/tenants, condo unit owners, and dwelling/fire; and offers allied lines, coverage for other structures, and personal property, liability, and personal articles coverages. It also advises on actuarial issues, oversees distribution, administers claims payments, performs policy administration and underwriting, and assists with reinsurance negotiations; places and manages reinsurance programs for the insurance entities; and operates Clovered.com, an online platform in which consumers receive side-by-side quotes from various carriers across multiple states, as well as educational materials about homeowners' insurance policies. It offers its products through a network of independent agents, as well as Universal Direct, a direct-to-consumer online platform, which enables homeowners to directly purchase, pay for, and bind homeowners' policies. The company was formerly known as Universal Heights, Inc. and changed its name to Universal Insurance Holdings, Inc. in January 2001. Universal Insurance Holdings, Inc. was incorporated in 1990 and is headquartered in Fort Lauderdale, Florida.
Universal Insurance Dividend Announcement
• Universal Insurance announced a quarterly dividend of $0.29 per ordinary share which will be made payable on 2024-12-13. Ex dividend date: 2024-12-06
• Universal Insurance annual dividend for 2024 was $0.77
• Universal Insurance annual dividend for 2023 was $0.77
• Universal Insurance's trailing twelve-month (TTM) dividend yield is 3.55%
• Universal Insurance's payout ratio for the trailing twelve months (TTM) is 30.72%
• Universal Insurance's dividend growth over the last five years (2018-2023) was 1.07% year
• Universal Insurance's dividend growth over the last ten years (2013-2023) was 4.62% year
Universal Insurance Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-12-06 | $0.29 | quarterly | 2024-12-13 |
2024-08-02 | $0.16 | quarterly | 2024-08-09 |
2024-05-09 | $0.16 | quarterly | 2024-05-17 |
2024-03-07 | $0.16 | quarterly | 2024-03-15 |
2023-12-07 | $0.29 | quarterly | 2023-12-15 |
2023-08-03 | $0.16 | quarterly | 2023-08-11 |
2023-05-11 | $0.16 | quarterly | 2023-05-19 |
2023-03-08 | $0.16 | quarterly | 2023-03-16 |
2022-12-08 | $0.29 | quarterly | 2022-12-16 |
2022-08-01 | $0.16 | quarterly | 2022-08-09 |
2022-05-12 | $0.16 | quarterly | 2022-05-20 |
2022-03-09 | $0.16 | quarterly | 2022-03-17 |
2021-12-09 | $0.29 | quarterly | 2021-12-17 |
2021-07-30 | $0.16 | quarterly | 2021-08-09 |
2021-05-13 | $0.16 | quarterly | 2021-05-21 |
2021-03-10 | $0.16 | quarterly | 2021-03-18 |
2020-12-10 | $0.29 | quarterly | 2020-12-18 |
2020-07-30 | $0.16 | quarterly | 2020-08-07 |
2020-05-13 | $0.16 | quarterly | 2020-05-21 |
2020-03-11 | $0.16 | quarterly | 2020-03-19 |
2019-12-12 | $0.29 | quarterly | 2019-12-20 |
2019-07-02 | $0.16 | quarterly | 2019-07-17 |
2019-05-02 | $0.16 | quarterly | 2019-05-10 |
2019-03-08 | $0.16 | quarterly | 2019-03-25 |
2018-11-26 | $0.29 | quarterly | 2018-12-04 |
2018-06-29 | $0.16 | quarterly | 2018-07-16 |
2018-04-26 | $0.14 | quarterly | 2018-05-04 |
2018-02-27 | $0.14 | quarterly | 2018-03-12 |
2017-11-24 | $0.27 | quarterly | 2017-12-04 |
2017-09-11 | $0.14 | quarterly | 2017-10-24 |
2017-06-12 | $0.14 | quarterly | 2017-07-03 |
2017-02-15 | $0.14 | quarterly | 2017-03-02 |
2016-11-29 | $0.27 | quarterly | 2016-12-12 |
2016-09-08 | $0.14 | quarterly | 2016-10-24 |
2016-06-13 | $0.14 | quarterly | 2016-07-05 |
2016-02-16 | $0.14 | quarterly | 2016-03-02 |
2015-11-27 | $0.27 | quarterly | 2015-12-10 |
2015-09-21 | $0.12 | quarterly | 2015-10-08 |
2015-06-16 | $0.12 | quarterly | 2015-07-02 |
2015-02-13 | $0.12 | quarterly | 2015-03-02 |
2014-12-03 | $0.25 | quarterly | 2014-12-15 |
2014-09-19 | $0.10 | quarterly | 2014-10-01 |
2014-06-17 | $0.10 | quarterly | 2014-07-03 |
2014-02-14 | $0.10 | quarterly | 2014-03-03 |
2013-12-11 | $0.23 | quarterly | 2013-12-23 |
2013-09-19 | $0.10 | quarterly | 2013-10-01 |
2013-05-30 | $0.08 | quarterly | 2013-06-17 |
2013-03-12 | $0.08 | quarterly | 2013-04-05 |
Universal Insurance Dividend per year
Universal Insurance Dividend growth
Universal Insurance Dividend Yield
Universal Insurance current trailing twelve-month (TTM) dividend yield is 3.55%. Interested in purchasing Universal Insurance stock? Use our calculator to estimate your expected dividend yield:
Universal Insurance Financial Ratios
Universal Insurance Dividend FAQ
Other factors to consider when evaluating Universal 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: Universal 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, Universal 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, Universal 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 Universal 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: Universal 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, Universal 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: Universal 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 Universal 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 Universal 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.