United Insurance Holdings Corp. (UIHC) Plans Quarterly Dividend of $0.03
United Insurance Holdings Corp. (NASDAQ:UIHC) announced a quarterly dividend on Wednesday, March 6th. Investors of record on Wednesday, March 20th will be paid a dividend of $0.03 per share on Wednesday, March 27th. This represents a $0.12 annualized dividend and a dividend yield of 2.14%.
Several analysts have also recently commented on the stock. Analysts at Raymond James initiated coverage on shares of United Insurance Holdings Corp. in a research note to investors on Friday, December 21st. They set an “outperform” rating on the stock. Analysts at Sterne Agee initiated coverage on shares of United Insurance Holdings Corp. in a research note to investors on Friday, December 21st. They set a “buy” rating and a $8.00 price target on the stock.
One analyst has rated the stock with a buy rating, and one has given an overweight rating to the company. The company currently has an average rating of “overweight” and an average target price of $7.50.
Shares of United Insurance Holdings Corp. (UIHC) traded up 4.39% during mid-day trading on Wednesday, hitting $5.71. United Insurance Holdings Corp. (UIHC) has a 52 week low of $4.60 and a 52 week high of $6.26. The stock’s 50-day moving average is currently $5.70. The company has a market cap of $88.2 million and a P/E ratio of 6.01.
United Insurance Holdings Corp. (UHIC) through the Company’s wholly owned subsidiaries, it writes and service property and casualty insurance policies in Florida, South Carolina and Massachusetts.
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