UVE Dividend Dates 2023

Company Description

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 Holdings is based in United States. Universal Insurance Holdings has 1,047 employees. For more information about this company, please visit their website.

Analysis

We believe using more recent dividend history can provide better dividend analysis for a company.

The most recent UVE dividend details are as follows:
The dividend will be payable on MAY 19, 2023, to stockholders of record on MAY 12, 2023, with an ex-dividend date of MAY 11, 2023. This dividend is $0.160.
There is no change from the prior dividend.

Based on our analysis, from DEC 12, 2012, UVE pays dividend 43 times.
Total dividend paid so far is $6.29. Average dividend is $0.15.
Maximum dividend is $0.29 while minimum dividend is $0.08.

Dividend Forecast

According to recent data, over last 11 years, UVE pays dividend consistently 43 times. In terms of dividend payment consistency, we rate it ten out of ten, which means the future dividend payment is fairly predictable and reliable. If investors are looking for dividend stocks, this could be one of the good indicators. On the other hand, frequent dividend payment during the year means investors don’t need to wait for too long to get dividend payment. It is good for someone lives on stock dividends as a source of income.

Compared with other stocks

Another way to look at a stock’s dividend is to compare it to a peer company’s dividend. If two stocks are in the same industry and have a similar market capitalisation, then they are considered similar.

Code MarketCap(M) Last Dividend
TPVG 397 $0.370
HR 3,960 $0.310
VIRT 3,960 $0.240
UVE 397 $0.160
FCX 39,700 $0.150
CMC 3,970 $0.140
CMPO 397 $0.000
YETI 3,970 $0.000
CMBM 397 $0.000

As can be seen from the comparison table above, UVE ranks number four in this group of nine stocks with the latest dividend of $0.160.

Dividend History

Ex-Dividend Date Dividend Payment Date Record Date
11/05/2023 $0.16 19/05/2023 12/05/2023
08/03/2023 $0.16 16/03/2023 09/03/2023
08/12/2022 $0.16 16/12/2022 09/12/2022
01/08/2022 $0.16 09/08/2022 02/08/2022
12/05/2022 $0.16 20/05/2022 13/05/2022
09/03/2022 $0.16 17/03/2022 10/03/2022
09/12/2021 $0.16 17/12/2021 10/12/2021
30/07/2021 $0.16 09/08/2021 02/08/2021
13/05/2021 $0.16 21/05/2021 14/05/2021
10/03/2021 $0.16 18/03/2021 11/03/2021
10/12/2020 $0.16 18/12/2020 11/12/2020
30/07/2020 $0.16 07/08/2020 31/07/2020
13/05/2020 $0.16 21/05/2020 14/05/2020
11/03/2020 $0.16 19/03/2020 12/03/2020
12/12/2019 $0.29 20/12/2019 13/12/2019
02/07/2019 $0.16 17/07/2019 03/07/2019
02/05/2019 $0.16 10/05/2019 03/05/2019
08/03/2019 $0.16 25/03/2019 11/03/2019
26/11/2018 $0.29 04/12/2018 27/11/2018
29/06/2018 $0.16 16/07/2018 02/07/2018
26/04/2018 $0.14 04/05/2018 27/04/2018
27/02/2018 $0.14 12/03/2018 28/02/2018
24/11/2017 $0.27 04/12/2017 27/11/2017
11/09/2017 $0.14 24/10/2017 12/09/2017
12/06/2017 $0.14 03/07/2017 14/06/2017

UVE Dividend Growth Chart

A picture is better than thousands of words. The following chart shows you UVE dividend growth over the years.