NEW YORK ( TheStreet) -- The ex-dividend date for Universal Insurance Holdings (AMEX: UVE) is Monday, December 19, 2011. Owners of shares as of market close today will be eligible for a dividend of 14 cents per share. At a price of $3.73 as of 9:34 a.m. ET, the dividend yield is 15.4%. The average volume for Universal has been 133,000 shares per day over the past 30 days. Universal has a market cap of $145.6 million and is part of the financial sector and insurance industry. Shares are down 25.3% year to date as of the close of trading on Thursday. Universal Insurance Holdings, Inc., through its subsidiaries, operates as an insurance company in the United States. The company primarily offers homeowners' insurance; and covers various aspects of insurance underwriting, distribution, and claims processing. The company has a P/E ratio of 5.1, below the average insurance industry P/E ratio of 5.4 and below the S&P 500 P/E ratio of 17.7.
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