Wednesday, 19 December 2012

UIHC dividend per share cash on December 31, 2012

Best Insurance Stock - UIHC dividend per share cash on December 31, 2012 : United Insurance Holdings  dividend per share cash on December 31, 2012 : United Insurance Holdings Corp. (Nasdaq: UIHC) (United or the Company), a property and casualty insurance holding company, today announced that its Board of Directors declared a cash dividend of $0.03 per share of common stock outstanding, payable in cash on December 31, 2012 to shareholders of record on December 28, 2012.

John Forney, Chief Executive Officer of United, stated, “We have been very pleased with United’s growth over the past year and the completion of our recent financing. We want to strike a balance between providing our shareholders ongoing cash returns and using our capital to support the growth opportunities we have in the market. We think this dividend, which we intend to issue quarterly, balances those considerations. We are supported by a strong balance sheet, and look forward to continuing profitable growth in the coming year.”

About United Insurance Holdings Corp.
Founded in 1999, United Property and Casualty Insurance Company, a subsidiary of United Insurance Holdings Corp., writes and services property and casualty insurance in Florida, South Carolina, Massachusetts and Rhode Island and is licensed to write in North Carolina. From its headquarters in St. Petersburg, United's team of dedicated professionals manages a completely integrated insurance company, including sales, underwriting, customer service and claims. The Company distributes its homeowners, dwelling fire and flood products through many agency groups and conducts business through four wholly-owned subsidiaries. Homeowners insurance constitutes the majority of United's premiums and policies.


United Insurance Holdings Corp.
John Rohloff, 727-895-7737
SEC Reporting Manager
The Equity Group
Adam Prior, 212-836-9606
Vice President
Terry Downs, 212-836-9615
Account Executive