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Universal
Insurance Holdings
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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