United Insurance Holdings Corp. (UIHC) to Issue Quarterly Dividend of $0.06 on November 29th
United Insurance Holdings Corp. (NASDAQ:UIHC) declared a quarterly dividend on Thursday, November 9th, Wall Street Journal reports. Stockholders of record on Wednesday, November 22nd will be paid a dividend of 0.06 per share by the insurance provider on Wednesday, November 29th. This represents a $0.24 dividend on an annualized basis and a dividend yield of 1.53%. The ex-dividend date is Tuesday, November 21st.
United Insurance Holdings Corp. (NASDAQ UIHC) opened at $15.67 on Monday. United Insurance Holdings Corp. has a twelve month low of $12.92 and a twelve month high of $17.81.
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UIHC has been the topic of a number of research reports. Wells Fargo & Company reiterated a “buy” rating on shares of United Insurance Holdings Corp. in a report on Wednesday, August 9th. JMP Securities upgraded United Insurance Holdings Corp. from an “underperform” rating to a “market perform” rating in a report on Wednesday, August 9th. BidaskClub downgraded United Insurance Holdings Corp. from a “hold” rating to a “sell” rating in a report on Tuesday, July 25th. ValuEngine downgraded United Insurance Holdings Corp. from a “hold” rating to a “sell” rating in a report on Tuesday, October 17th. Finally, Zacks Investment Research upgraded United Insurance Holdings Corp. from a “sell” rating to a “hold” rating in a report on Saturday, August 12th. Two research analysts have rated the stock with a sell rating, two have assigned a hold rating, two have assigned a buy rating and two have given a strong buy rating to the company’s stock. United Insurance Holdings Corp. currently has an average rating of “Buy” and an average target price of $18.00.
About United Insurance Holdings Corp.
United Insurance Holdings Corp. is a property and casualty insurance holding company that sources, writes and services residential property and casualty insurance policies using a network of agents and a group of insurance subsidiaries. The Company’s insurance subsidiary is United Property & Casualty Insurance Company.
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