Universal Insurance Holdings Declares $0.08 Dividend
Universal Insurance Holdings (NYSE: UVE) announced today that its board of directors declared a cash dividend of $0.08 per share to be paid on October 9, 2012 to shareholders of record on September 26, 2012. The dividend declaration is consistent with the Company's prior announcement regarding the board of director's intention to declare a dividend of $0.08 per share in the third quarter. The board further intends to declare an additional dividend of the same amount to shareholders of record in the fourth quarter, which would bring this year's aggregate declared annual dividend to $0.34 for each share of common stock.
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