United Insurance Holdings Corp. (NASDAQ:UIHC) will begin trading ex-dividend on November 20, 2020. The quarterly dividend payment of $ 0.06 per share is scheduled to be paid on November 30, 2020. The dividend yield based on the latest trading day closing price was 5.39 percent. Shareholders who purchased UIHC shares prior to the ex-dividend date are eligible for the cash dividend payment.
Dividends History
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United Insurance Holdings Corp. recently reported third quarter financial results on November 5, 2020, after market close, the St. Petersburg based company announced loss for the third quarter of $ 1.95 per share, from the revenue of $ 188.74 million. The quarterly revenues declined 2.17 percent compared with the same quarter last year. Street analysts expected United Insurance Holdings Corp. recently reported third quarter financial results on November 5, 2020, after market close, the St. Petersburg based company to report loss of $ 1.90 per share on revenue of $ 197.17 million for the third quarter. The bottom line results missed street analysts by $ 0.05 or 2.63 percent, at the same time, top line results fell short of analysts by $ 8.43 million or 4.28 percent.
Stock Performance
On Friday, shares of United Insurance Holdings Corp. has traded high as $ 4.68 and has cracked $ 4.35 on the downward trend, reaching $ 4.45 with volume of 91.70 thousand shares.
According to the previous trading day, closing price of $ 4.45, representing a 5.30 % increase from the 52 week low of $ 4.34 and a 65.4 % decrease over the 52 week high of $ 13.21.
The company has a market capital of $ 191.71 million and is part of the Financial Services sector and Insurance – Property & Casualty industry.
United Insurance Holdings Corp. operates as a property and casualty insurance holding company that sources, writes, and services residential personal and commercial property, and casualty insurance policies in the United States. The company offers structure, content, and liability coverage for standard single-family homeowners, renters, and condominium unit owners, as well as dwelling fire policies.
