Universal Insurance Holdings About To Put More Money In Your Pocket (UVE)

Looking at the universe of stocks we cover at Dividend Channel, on 2/14/14, Universal Insurance Holdings Inc ( UVE) will trade ex-dividend, for its quarterly dividend of $0.10, payable on 3/3/14. As a percentage of UVE's recent stock price of $11.17, this dividend works out to approximately 0.90%, so look for shares of Universal Insurance Holdings Inc to trade 0.90% lower — all else being equal — when UVE shares open for trading on 2/14/14.

START SLIDESHOW:
Click here to learn which 25 S.A.F.E. dividend stocks should be on your radar screen »

Below is a dividend history chart for UVE, showing historical dividends prior to the most recent $0.10 declared by Universal Insurance Holdings Inc:

UVE+Dividend+History+Chart

In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from UVE is likely to continue, and whether the current estimated yield of 3.58% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of UVE shares, versus its 200 day moving average:

Universal Insurance Holdings Inc 200 Day Moving Average Chart

Looking at the chart above, UVE's low point in its 52 week range is $4.23 per share, with $14.83 as the 52 week high point — that compares with a last trade of $11.17.

In Wednesday trading, Universal Insurance Holdings Inc shares are currently up about 1.5% on the day.

If you liked this article you might like

Hurricane Irma Could Total $40 Billion in Insurance Claims: Why That's Good News