Universal Insurance Holdings Dividend
Dividend criteria checks 5/6
Universal Insurance Holdings is a dividend paying company with a current yield of 3.81% that is well covered by earnings. Next payment date is on 9th August, 2024 with an ex-dividend date of 2nd August, 2024.
Key information
3.8%
Dividend yield
22%
Payout ratio
| Industry average yield | 1.7% |
| Next dividend pay date | 09 Aug 24 |
| Ex dividend date | 02 Aug 24 |
| Dividend per share | US$0.770 |
| Earnings per share | US$2.92 |
| Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Recent updates
Universal Insurance Holdings (NYSE:UVE) Is Due To Pay A Dividend Of $0.16
Jul 27
Universal Insurance Holdings: Impressive Profitability At A Premium Valuation
Jun 11Improved Revenues Required Before Universal Insurance Holdings, Inc. (NYSE:UVE) Stock's 27% Jump Looks Justified
Mar 09Universal Insurance: A 4% Dividend Yield Gem With Revenue Growth, For Under $20
Jan 20Universal Insurance Holdings: Still Undervalued After The YTD Rise Of 62%
Nov 21Universal Insurance Holdings (NYSE:UVE) Is Paying Out A Dividend Of $0.16
Jul 24Universal Insurance Holdings: Growing Despite Headwinds
Jul 16Universal Insurance Holdings (NYSE:UVE) Will Pay A Dividend Of $0.16
Apr 16Universal Insurance reports Q4 2022 results
Feb 23Universal Insurance Holdings (NYSE:UVE) Will Pay A Dividend Of $0.16
Feb 13Universal Insurance declares $0.16 dividend
Feb 09Universal Insurance Holdings: A Stronghold In A Stormy Market
Jan 14Universal Insurance Holdings (NYSE:UVE) Will Pay A Dividend Of $0.29
Dec 07Universal Insurance Holdings' (NYSE:UVE) Dividend Will Be $0.29
Nov 18Universal Insurance declares $0.16 dividend, $0.13 special dividend
Nov 14Universal Insurance Non-GAAP EPS of -$2.27, revenue of $312.81M
Oct 27Universal Insurance stock gains 5% postmarket after Hurricane Ian update
Oct 11Universal Insurance Q2 2022 Earnings Preview
Jul 26Universal Insurance Holdings' (NYSE:UVE) Dividend Will Be $0.16
Jul 23Universal Insurance declares $0.16 dividend
Jul 19Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: UVE's dividends per share have been stable in the past 10 years.
Growing Dividend: UVE's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Universal Insurance Holdings Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (UVE) | 3.8% |
| Market Bottom 25% (US) | 1.4% |
| Market Top 25% (US) | 4.3% |
| Industry Average (Insurance) | 1.7% |
| Analyst forecast in 3 Years (UVE) | n/a |
Notable Dividend: UVE's dividend (3.81%) is higher than the bottom 25% of dividend payers in the US market (1.43%).
High Dividend: UVE's dividend (3.81%) is low compared to the top 25% of dividend payers in the US market (4.34%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (22.3%), UVE's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (11.1%), UVE's dividend payments are thoroughly covered by cash flows.