Market Overview

1347 Property Insurance Holdings, Inc. Declares Cash Dividend on Its 8.00% Cumulative Preferred Stock, Series A

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1347 Property Insurance Holdings, Inc. (NASDAQ:PIH) (the "Company") announced today that it has declared a quarterly cash dividend on its 8.00% Cumulative Preferred Stock, Series A (the "Preferred Stock"), for the period commencing on December 15, 2020 and ending on March 14, 2020.

In accordance with the terms of the Company's 8.00% Cumulative Preferred Stock, Series A, on February 12, 2020, the Board of Directors declared a Preferred Stock cash dividend of $0.50 per share for the period that began on December 15, 2020 and ends on March 14, 2020. The dividend is payable on March 16, 2020 to holders of record on March 1, 2020. The Preferred Stock is currently listed on the Nasdaq Stock Market and trades under the ticker symbol "PIHPP".

Additional Information

Additional information about 1347 Property Insurance Holding, Inc., including its Annual Report on Form 10-K for the fiscal year ended December 31, 2018, can be found at the U.S. Securities and Exchange Commission's website at www.sec.gov, or at PIH's corporate website: www.1347pih.com.

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